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<xml>
<title>Illinois General Assembly - Bill Status for SB 540    </title>
<shortdesc>COMPTROLLER TIF ADMINISTRATORS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Don Harmon</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. John E. Bradley-Greg Harris-Roger L. Eddy-David Harris-Karen A. Yarbrough, David Reis, Lisa M. Dugan and Thomas Holbrook)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>50 ILCS 20/1</reference><aliasreference>from Ch. 85, par. 1031</aliasreference><SynopsisText>Amends the Public Building Commission Act. Makes a technical change to a Section concerning the short title.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>50 ILCS 20/1</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>15 ILCS 405/30 new</reference><aliasreference></aliasreference><reference>65 ILCS 5/8-8-3</reference><aliasreference>from Ch. 24, par. 8-8-3</aliasreference><reference>65 ILCS 5/8-8-3.5</reference><aliasreference></aliasreference><reference>65 ILCS 5/11-74.6-22</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the State Comptroller Act. Creates a provision allowing the Comptroller to establish and conduct a training and certification program for Tax Increment Finance administrators. Sets forth requirements of the program. Amends the Illinois Municipal Code. Provides that on and after the effective date of the amendatory Act, the State Comptroller must post on its website the information submitted by a municipality concerning audit reports. Sets forth the requirements for the posting and daily charges for delinquent reports. Provides that a Tax Increment Financing Report must be filed with the Comptroller within 180 days after the close of the municipal fiscal year or as soon thereafter as the audit becomes available, and allows the Comptroller to grant an extension if the Tax Increment Finance administrator provides the Comptroller's office with sufficient evidence that the report is in the process of being completed. Sets forth daily charges for delinquent reports. Amends the Industrial Jobs Recovery Law of the Illinois Municipal Code. Provides that a municipality must electronically submit financial statements for each redevelopment project area. Further provides that, for each redevelopment project area, municipalities must also submit a list of all intergovernmental agreements in effect during the fiscal year to which the municipality is a party and an accounting of any moneys transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. Requires the State Comptroller to post on its website the information submitted by a municipality concerning audit reports. Effective immediately.</SynopsisText><synopsistitle>House Floor Amendment No. 3</synopsistitle>
<reftype>Adds reference to:</reftype><reference>20 ILCS 620/3</reference><aliasreference>from Ch. 67 1/2, par. 1003</aliasreference><reference>20 ILCS 620/4</reference><aliasreference>from Ch. 67 1/2, par. 1004</aliasreference><reference>20 ILCS 620/5</reference><aliasreference>from Ch. 67 1/2, par. 1005</aliasreference><reference>20 ILCS 620/8</reference><aliasreference>from Ch. 67 1/2, par. 1008</aliasreference><reference>20 ILCS 620/9</reference><aliasreference>from Ch. 67 1/2, par. 1009</aliasreference><reference>20 ILCS 620/11</reference><aliasreference>from Ch. 67 1/2, par. 1011</aliasreference><reference>35 ILCS 200/20-15</reference><aliasreference></aliasreference><reference>65 ILCS 5/11-74.4-3</reference><aliasreference>from Ch. 24, par. 11-74.4-3</aliasreference><reference>65 ILCS 5/11-74.4-3.5</reference><aliasreference></aliasreference><reference>65 ILCS 5/11-74.4-4</reference><aliasreference>from Ch. 24, par. 11-74.4-4</aliasreference><reference>65 ILCS 5/11-74.4-5</reference><aliasreference>from Ch. 24, par. 11-74.4-5</aliasreference><reference>65 ILCS 5/11-74.6-15</reference><aliasreference></aliasreference><reference>105 ILCS 5/18-8.05</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the State Comptroller Act. Creates a provision allowing the Comptroller to establish and conduct a training and certification program for Tax Increment Finance administrators. Sets forth requirements of the program. Amends the Economic Development Area Tax Increment Allocation Act. Provides that, if the maximum duration for obligations allowed under an economic development plan is less than the maximum duration allowed under the Act, a municipality may, by ordinance, amend the plan to increase the duration up to the maximum duration allowed under the Act. Provides that obligations secured by the special tax allocation fund for an economic development project area shall mature not later than 38 years (now, 23 years) from the date of establishment of the economic development project area. Makes other changes. Amends the Property Tax Code. Requires the name and identification number of a redevelopment project area where the property is located and a State Internet website address with information on tax increment financing to be printed on specified bills. Amends the Illinois Municipal Code. Provides that on and after July 1, 2011, the State Comptroller must post on its website specified information. Sets forth the requirements for the posting and daily charges for delinquent reports. Provides that a Tax Increment Financing Report must be filed with the Comptroller within 180 days after the close of the municipal fiscal year or as soon thereafter as the audit becomes available, and allows the Comptroller to grant an extension if the Tax Increment Finance administrator provides the Comptroller's office with sufficient evidence that the report is in the process of being completed. Sets forth the requirements concerning the completion date of a redevelopment project, uses of specified revenues, and approval of a redevelopment plan. Further provides that a municipality shall include, in specified required statements, a detailed list of jobs created during the fiscal year. Amends the Industrial Jobs Recovery Law of the Illinois Municipal Code. Provides that a municipality must electronically submit financial statements for each redevelopment project area. Further provides that, for each redevelopment project area, municipalities must also submit a list of all intergovernmental agreements in effect and an accounting of any moneys transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. Requires the State Comptroller to post on its website the information submitted by a municipality concerning audit reports. Makes other changes. Amends the School Code. Provides that for certain school districts, the calculated local property tax revenues per pupil shall include any surplus received by the school district in the previous year from a special tax allocation fund, as provided by the Tax Increment Allocation Redevelopment Act or the Industrial Jobs Recovery Law. Effective January 1, 2012.</SynopsisText><synopsistitle>House Floor Amendment No. 4</synopsistitle>
<SynopsisText>Further amends the Illinois Municipal Code. Provides that in municipalities with a population of 25,000 or more, a redevelopment project area that uses revenues for reimbursement of private developer costs may not transfer revenues to another redevelopment project area before repaying the redevelopment project area from which the revenues were received.</SynopsisText><synopsistitle>House Floor Amendment No. 5</synopsistitle>
<SynopsisText>Further amends the Illinois Municipal Code. Provides that in municipalities with a population of 25,000 or more, a redevelopment project area that uses revenues for reimbursement of private developer costs may not transfer revenues to another redevelopment project area before repaying the redevelopment project area from which the revenues were received. Further provides that certain public works or improvements in a municipality with a population of less than 25,000 shall not be subject to the transfer prohibition.</SynopsisText></synopsis>
<actions>
<statusdate>2/8/2011</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>2/8/2011</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/8/2011</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/9/2011</statusdate><chamber>Senate</chamber><action>Assigned to Local Government</action>
<statusdate>3/10/2011</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Dan Kotowski</action>
<statusdate>3/11/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Dan Kotowski</action>
<statusdate>3/11/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/14/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Local Government</action>
<statusdate>3/17/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/17/2011</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Local Government;  006-002-000</action>
<statusdate>3/17/2011</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 29, 2011</action>
<statusdate>4/14/2011</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/14/2011</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 15, 2011</action>
<statusdate>4/15/2011</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 052-001-000</action>
<statusdate>4/15/2011</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/20/2011</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/20/2011</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. John E. Bradley</action>
<statusdate>4/26/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/26/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/27/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/2/2011</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. John E. Bradley</action>
<statusdate>5/2/2011</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>5/13/2011</statusdate><chamber>House</chamber><action>Committee Deadline Extended-Rule 9(b) May 20, 2011</action>
<statusdate>5/16/2011</statusdate><chamber>House</chamber><action>Motion Filed to Suspend Rule 25 Revenue &amp; Finance Committee;  Rep. Barbara Flynn Currie</action>
<statusdate>5/16/2011</statusdate><chamber>House</chamber><action>Motion to Suspend Rule 25 - Prevailed by Voice Vote</action>
<statusdate>5/20/2011</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 27, 2011</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>Recommends Do Pass Subcommittee/ Revenue &amp; Finance Committee;  003-000-000</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>Remains in Revenue &amp; Finance Committee</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Revenue &amp; Finance Committee;  009-000-000</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Tabled Pursuant to Rule 40</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. John E. Bradley</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/26/2011</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>5/27/2011</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2011</action>
<statusdate>5/28/2011</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Greg Harris</action>
<statusdate>5/29/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Filed with Clerk by Rep. John E. Bradley</action>
<statusdate>5/29/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Referred to Rules Committee</action>
<statusdate>5/29/2011</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Roger L. Eddy</action>
<statusdate>5/29/2011</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. David Reis</action>
<statusdate>5/29/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 4 Filed with Clerk by Rep. John E. Bradley</action>
<statusdate>5/29/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 4 Referred to Rules Committee</action>
<statusdate>5/30/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>5/30/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 4 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>5/30/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 5 Filed with Clerk by Rep. John E. Bradley</action>
<statusdate>5/30/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 5 Referred to Rules Committee</action>
<statusdate>5/30/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 5 Recommends Be Adopted Rules Committee;  003-001-000</action>
<statusdate>5/30/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Recommends Be Adopted Revenue &amp; Finance Committee;  005-001-000</action>
<statusdate>5/30/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 4 Recommends Be Adopted Revenue &amp; Finance Committee;  006-000-000</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Adopted by Voice Vote</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 4 Adopted by Voice Vote</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 5 Adopted by Voice Vote</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 107-006-002</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Tabled Pursuant to Rule 40</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Lisa M. Dugan</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Thomas Holbrook</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. David Harris</action>
<statusdate>5/31/2011</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Karen A. Yarbrough</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 3, 4, 5</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 3, 4, 5 -  May 31, 2011</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Dan Kotowski</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 3 Motion to Concur Referred to Assignments</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 4 Motion to Concur Filed with Secretary Sen. Dan Kotowski</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 4 Motion to Concur Referred to Assignments</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 5 Motion to Concur Filed with Secretary Sen. Dan Kotowski</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 5 Motion to Concur Referred to Assignments</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Heather A. Steans</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 3 Motion to Concur Assignments Referred to Local Government</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 4 Motion to Concur Assignments Referred to Local Government</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 5 Motion to Concur Assignments Referred to Local Government</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 3 Motion Held in Local Government</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 4 Motion Held in Local Government</action>
<statusdate>5/31/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 5 Motion Held in Local Government</action>
<statusdate>6/15/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 3 Motion to Concur Referred to Assignments</action>
<statusdate>6/15/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 4 Motion to Concur Referred to Assignments</action>
<statusdate>6/15/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 5 Motion to Concur Referred to Assignments</action>
<statusdate>6/15/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 3 Motion to Concur Assignments Referred to Executive</action>
<statusdate>6/15/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 4 Motion to Concur Assignments Referred to Executive</action>
<statusdate>6/15/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 5 Motion to Concur Assignments Referred to Executive</action>
<statusdate>7/23/2011</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>7/23/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 3 Motion to Concur Referred to Assignments;  Pursuant to Senate Rule 3-9(b)</action>
<statusdate>7/23/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 4 Motion to Concur Referred to Assignments;  Pursuant to Senate Rule 3-9(b)</action>
<statusdate>7/23/2011</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 5 Motion to Concur Referred to Assignments;  Pursuant to Senate Rule 3-9(b)</action>
<statusdate>10/25/2011</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. Heather A. Steans</action>
<statusdate>11/28/2011</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Don Harmon</action>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

