<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5687         </title>
<shortdesc>MUNI CD-TIF-TRANSIT FACILITY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Elaine Nekritz</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>65 ILCS 5/11-74.4-3</reference><aliasreference>from Ch. 24, par. 11-74.4-3</aliasreference><reference>65 ILCS 5/11-74.4-3.3 new</reference><aliasreference></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 5/11-74.4-8</reference><aliasreference>from Ch. 24, par. 11-74.4-8</aliasreference><SynopsisText>     Amends the Illinois Municipal Code. Creates a Section in the Tax Increment Allocation Redevelopment Act concerning redevelopment projects within a transit facility improvement area. Provides that an ordinance approving a transit facility improvement area redevelopment project expires the 50th calendar year after the date approving the ordinance was adopted. Sets forth percentages of taxes to be allocated toward transit facility improvement area redevelopment projects. Defines required terms.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2014</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Elaine Nekritz</action>
<statusdate>2/14/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/14/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

