97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB3846

 

Introduced 10/19/2011, by Rep. Jerry L. Mitchell

 

SYNOPSIS AS INTRODUCED:
 
65 ILCS 5/11-74.4-3.5

    Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that the redevelopment project in the TIF district created by an ordinance that was adopted on November 12, 1987 by the City of Dixon must be completed by December 31 of the 35th year (now, the 23rd year) after the year in which the ordinance was adopted. Effective immediately.


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FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

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1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Municipal Code is amended by
5changing Section 11-74.4-3.5 as follows:
 
6    (65 ILCS 5/11-74.4-3.5)
7    Sec. 11-74.4-3.5. Completion dates for redevelopment
8projects.
9    (a) Unless otherwise stated in this Section, the estimated
10dates of completion of the redevelopment project and retirement
11of obligations issued to finance redevelopment project costs
12(including refunding bonds under Section 11-74.4-7) may not be
13later than December 31 of the year in which the payment to the
14municipal treasurer, as provided in subsection (b) of Section
1511-74.4-8 of this Act, is to be made with respect to ad valorem
16taxes levied in the 23rd calendar year after the year in which
17the ordinance approving the redevelopment project area was
18adopted if the ordinance was adopted on or after January 15,
191981.
20    (b) The estimated dates of completion of the redevelopment
21project and retirement of obligations issued to finance
22redevelopment project costs (including refunding bonds under
23Section 11-74.4-7) may not be later than December 31 of the

 

 

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1year in which the payment to the municipal treasurer as
2provided in subsection (b) of Section 11-74.4-8 of this Act is
3to be made with respect to ad valorem taxes levied in the 32nd
4calendar year after the year in which the ordinance approving
5the redevelopment project area was adopted, if the ordinance
6was adopted on September 9, 1999 by the Village of Downs.
7    The estimated dates of completion of the redevelopment
8project and retirement of obligations issued to finance
9redevelopment project costs (including refunding bonds under
10Section 11-74.4-7) may not be later than December 31 of the
11year in which the payment to the municipal treasurer as
12provided in subsection (b) of Section 11-74.4-8 of this Act is
13to be made with respect to ad valorem taxes levied in the 33rd
14calendar year after the year in which the ordinance approving
15the redevelopment project area was adopted, if the ordinance
16was adopted on May 20, 1985 by the Village of Wheeling.
17    The estimated dates of completion of the redevelopment
18project and retirement of obligations issued to finance
19redevelopment project costs (including refunding bonds under
20Section 11-74.4-7) may not be later than December 31 of the
21year in which the payment to the municipal treasurer as
22provided in subsection (b) of Section 11-74.4-8 of this Act is
23to be made with respect to ad valorem taxes levied in the 28th
24calendar year after the year in which the ordinance approving
25the redevelopment project area was adopted, if the ordinance
26was adopted on October 12, 1989 by the City of Lawrenceville.

 

 

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1    (c) The estimated dates of completion of the redevelopment
2project and retirement of obligations issued to finance
3redevelopment project costs (including refunding bonds under
4Section 11-74.4-7) may not be later than December 31 of the
5year in which the payment to the municipal treasurer as
6provided in subsection (b) of Section 11-74.4-8 of this Act is
7to be made with respect to ad valorem taxes levied in the 35th
8calendar year after the year in which the ordinance approving
9the redevelopment project area was adopted:
10        (1) if the ordinance was adopted before January 15,
11    1981;
12        (2) if the ordinance was adopted in December 1983,
13    April 1984, July 1985, or December 1989;
14        (3) if the ordinance was adopted in December 1987 and
15    the redevelopment project is located within one mile of
16    Midway Airport;
17        (4) if the ordinance was adopted before January 1, 1987
18    by a municipality in Mason County;
19        (5) if the municipality is subject to the Local
20    Government Financial Planning and Supervision Act or the
21    Financially Distressed City Law;
22        (6) if the ordinance was adopted in December 1984 by
23    the Village of Rosemont;
24        (7) if the ordinance was adopted on December 31, 1986
25    by a municipality located in Clinton County for which at
26    least $250,000 of tax increment bonds were authorized on

 

 

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1    June 17, 1997, or if the ordinance was adopted on December
2    31, 1986 by a municipality with a population in 1990 of
3    less than 3,600 that is located in a county with a
4    population in 1990 of less than 34,000 and for which at
5    least $250,000 of tax increment bonds were authorized on
6    June 17, 1997;
7        (8) if the ordinance was adopted on October 5, 1982 by
8    the City of Kankakee, or if the ordinance was adopted on
9    December 29, 1986 by East St. Louis;
10        (9) if the ordinance was adopted on November 12, 1991
11    by the Village of Sauget;
12        (10) if the ordinance was adopted on February 11, 1985
13    by the City of Rock Island;
14        (11) if the ordinance was adopted before December 18,
15    1986 by the City of Moline;
16        (12) if the ordinance was adopted in September 1988 by
17    Sauk Village;
18        (13) if the ordinance was adopted in October 1993 by
19    Sauk Village;
20        (14) if the ordinance was adopted on December 29, 1986
21    by the City of Galva;
22        (15) if the ordinance was adopted in March 1991 by the
23    City of Centreville;
24        (16) if the ordinance was adopted on January 23, 1991
25    by the City of East St. Louis;
26        (17) if the ordinance was adopted on December 22, 1986

 

 

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1    by the City of Aledo;
2        (18) if the ordinance was adopted on February 5, 1990
3    by the City of Clinton;
4        (19) if the ordinance was adopted on September 6, 1994
5    by the City of Freeport;
6        (20) if the ordinance was adopted on December 22, 1986
7    by the City of Tuscola;
8        (21) if the ordinance was adopted on December 23, 1986
9    by the City of Sparta;
10        (22) if the ordinance was adopted on December 23, 1986
11    by the City of Beardstown;
12        (23) if the ordinance was adopted on April 27, 1981,
13    October 21, 1985, or December 30, 1986 by the City of
14    Belleville;
15        (24) if the ordinance was adopted on December 29, 1986
16    by the City of Collinsville;
17        (25) if the ordinance was adopted on September 14, 1994
18    by the City of Alton;
19        (26) if the ordinance was adopted on November 11, 1996
20    by the City of Lexington;
21        (27) if the ordinance was adopted on November 5, 1984
22    by the City of LeRoy;
23        (28) if the ordinance was adopted on April 3, 1991 or
24    June 3, 1992 by the City of Markham;
25        (29) if the ordinance was adopted on November 11, 1986
26    by the City of Pekin;

 

 

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1        (30) if the ordinance was adopted on December 15, 1981
2    by the City of Champaign;
3        (31) if the ordinance was adopted on December 15, 1986
4    by the City of Urbana;
5        (32) if the ordinance was adopted on December 15, 1986
6    by the Village of Heyworth;
7        (33) if the ordinance was adopted on February 24, 1992
8    by the Village of Heyworth;
9        (34) if the ordinance was adopted on March 16, 1995 by
10    the Village of Heyworth;
11        (35) if the ordinance was adopted on December 23, 1986
12    by the Town of Cicero;
13        (36) if the ordinance was adopted on December 30, 1986
14    by the City of Effingham;
15        (37) if the ordinance was adopted on May 9, 1991 by the
16    Village of Tilton;
17        (38) if the ordinance was adopted on October 20, 1986
18    by the City of Elmhurst;
19        (39) if the ordinance was adopted on January 19, 1988
20    by the City of Waukegan;
21        (40) if the ordinance was adopted on September 21, 1998
22    by the City of Waukegan;
23        (41) if the ordinance was adopted on December 31, 1986
24    by the City of Sullivan;
25        (42) if the ordinance was adopted on December 23, 1991
26    by the City of Sullivan;

 

 

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1        (43) if the ordinance was adopted on December 31, 1986
2    by the City of Oglesby;
3        (44) if the ordinance was adopted on July 28, 1987 by
4    the City of Marion;
5        (45) if the ordinance was adopted on April 23, 1990 by
6    the City of Marion;
7        (46) if the ordinance was adopted on August 20, 1985 by
8    the Village of Mount Prospect;
9        (47) if the ordinance was adopted on February 2, 1998
10    by the Village of Woodhull;
11        (48) if the ordinance was adopted on April 20, 1993 by
12    the Village of Princeville;
13        (49) if the ordinance was adopted on July 1, 1986 by
14    the City of Granite City;
15        (50) if the ordinance was adopted on February 2, 1989
16    by the Village of Lombard;
17        (51) if the ordinance was adopted on December 29, 1986
18    by the Village of Gardner;
19        (52) if the ordinance was adopted on July 14, 1999 by
20    the Village of Paw Paw;
21        (53) if the ordinance was adopted on November 17, 1986
22    by the Village of Franklin Park;
23        (54) if the ordinance was adopted on November 20, 1989
24    by the Village of South Holland;
25        (55) if the ordinance was adopted on July 14, 1992 by
26    the Village of Riverdale;

 

 

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1        (56) if the ordinance was adopted on December 29, 1986
2    by the City of Galesburg;
3        (57) if the ordinance was adopted on April 1, 1985 by
4    the City of Galesburg;
5        (58) if the ordinance was adopted on May 21, 1990 by
6    the City of West Chicago;
7        (59) if the ordinance was adopted on December 16, 1986
8    by the City of Oak Forest;
9        (60) if the ordinance was adopted in 1999 by the City
10    of Villa Grove;
11        (61) if the ordinance was adopted on January 13, 1987
12    by the Village of Mt. Zion;
13        (62) if the ordinance was adopted on December 30, 1986
14    by the Village of Manteno;
15        (63) if the ordinance was adopted on April 3, 1989 by
16    the City of Chicago Heights;
17        (64) if the ordinance was adopted on January 6, 1999 by
18    the Village of Rosemont;
19        (65) if the ordinance was adopted on December 19, 2000
20    by the Village of Stone Park;
21        (66) if the ordinance was adopted on December 22, 1986
22    by the City of DeKalb;
23        (67) if the ordinance was adopted on December 2, 1986
24    by the City of Aurora;
25        (68) if the ordinance was adopted on December 31, 1986
26    by the Village of Milan;

 

 

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1        (69) if the ordinance was adopted on September 8, 1994
2    by the City of West Frankfort;
3        (70) if the ordinance was adopted on December 23, 1986
4    by the Village of Libertyville;
5        (71) if the ordinance was adopted on December 22, 1986
6    by the Village of Hoffman Estates;
7        (72) if the ordinance was adopted on September 17, 1986
8    by the Village of Sherman;
9        (73) if the ordinance was adopted on December 16, 1986
10    by the City of Macomb;
11        (74) if the ordinance was adopted on June 11, 2002 by
12    the City of East Peoria to create the West Washington
13    Street TIF;
14        (75) if the ordinance was adopted on June 11, 2002 by
15    the City of East Peoria to create the Camp Street TIF;
16        (76) if the ordinance was adopted on August 7, 2000 by
17    the City of Des Plaines;
18        (77) if the ordinance was adopted on December 22, 1986
19    by the City of Washington to create the Washington Square
20    TIF #2;
21        (78) if the ordinance was adopted on December 29, 1986
22    by the City of Morris;
23        (79) if the ordinance was adopted on July 6, 1998 by
24    the Village of Steeleville;
25        (80) if the ordinance was adopted on December 29, 1986
26    by the City of Pontiac to create TIF I (the Main St TIF);

 

 

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1        (81) if the ordinance was adopted on December 29, 1986
2    by the City of Pontiac to create TIF II (the Interstate
3    TIF);
4        (82) if the ordinance was adopted on November 6, 2002
5    by the City of Chicago to create the Madden/Wells TIF
6    District;
7        (83) if the ordinance was adopted on November 4, 1998
8    by the City of Chicago to create the Roosevelt/Racine TIF
9    District;
10        (84) if the ordinance was adopted on June 10, 1998 by
11    the City of Chicago to create the Stony Island
12    Commercial/Burnside Industrial Corridors TIF District;
13        (85) if the ordinance was adopted on November 29, 1989
14    by the City of Chicago to create the Englewood Mall TIF
15    District;
16        (86) if the ordinance was adopted on December 27, 1986
17    by the City of Mendota;
18        (87) if the ordinance was adopted on December 31, 1986
19    by the Village of Cahokia;
20        (88) if the ordinance was adopted on September 20, 1999
21    by the City of Belleville;
22        (89) if the ordinance was adopted on December 30, 1986
23    by the Village of Bellevue to create the Bellevue TIF
24    District 1;
25        (90) if the ordinance was adopted on December 13, 1993
26    by the Village of Crete;

 

 

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1        (91) if the ordinance was adopted on February 12, 2001
2    by the Village of Crete;
3        (92) if the ordinance was adopted on April 23, 2001 by
4    the Village of Crete;
5        (93) if the ordinance was adopted on December 16, 1986
6    by the City of Champaign;
7        (94) if the ordinance was adopted on December 20, 1986
8    by the City of Charleston; or
9        (95) (94) if the ordinance was adopted on June 6, 1989
10    by the Village of Romeoville; .
11        (96) (95) if the ordinance was adopted on October 14,
12    1993 and amended on August 2, 2010 by the City of Venice; .
13        (97) (95) if the ordinance was adopted on June 1, 1994
14    by the City of Markham; .
15        (98) (95) if the ordinance was adopted on May 19, 1998
16    by the Village of Bensenville; or .
17        (99) if the ordinance was adopted on November 12, 1987
18    by the City of Dixon.
19    (d) For redevelopment project areas for which bonds were
20issued before July 29, 1991, or for which contracts were
21entered into before June 1, 1988, in connection with a
22redevelopment project in the area within the State Sales Tax
23Boundary, the estimated dates of completion of the
24redevelopment project and retirement of obligations to finance
25redevelopment project costs (including refunding bonds under
26Section 11-74.4-7) may be extended by municipal ordinance to

 

 

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1December 31, 2013. The termination procedures of subsection (b)
2of Section 11-74.4-8 are not required for these redevelopment
3project areas in 2009 but are required in 2013. The extension
4allowed by Public Act 87-1272 shall not apply to real property
5tax increment allocation financing under Section 11-74.4-8.
6    (e) Those dates, for purposes of real property tax
7increment allocation financing pursuant to Section 11-74.4-8
8only, shall be not more than 35 years for redevelopment project
9areas that were adopted on or after December 16, 1986 and for
10which at least $8 million worth of municipal bonds were
11authorized on or after December 19, 1989 but before January 1,
121990; provided that the municipality elects to extend the life
13of the redevelopment project area to 35 years by the adoption
14of an ordinance after at least 14 but not more than 30 days'
15written notice to the taxing bodies, that would otherwise
16constitute the joint review board for the redevelopment project
17area, before the adoption of the ordinance.
18    (f) Those dates, for purposes of real property tax
19increment allocation financing pursuant to Section 11-74.4-8
20only, shall be not more than 35 years for redevelopment project
21areas that were established on or after December 1, 1981 but
22before January 1, 1982 and for which at least $1,500,000 worth
23of tax increment revenue bonds were authorized on or after
24September 30, 1990 but before July 1, 1991; provided that the
25municipality elects to extend the life of the redevelopment
26project area to 35 years by the adoption of an ordinance after

 

 

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1at least 14 but not more than 30 days' written notice to the
2taxing bodies, that would otherwise constitute the joint review
3board for the redevelopment project area, before the adoption
4of the ordinance.
5    (g) In consolidating the material relating to completion
6dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
7it is not the intent of the General Assembly to make any
8substantive change in the law, except for the extension of the
9completion dates for the City of Aurora, the Village of Milan,
10the City of West Frankfort, the Village of Libertyville, and
11the Village of Hoffman Estates set forth under items (67),
12(68), (69), (70), and (71) of subsection (c) of this Section.
13(Source: P.A. 96-127, eff. 8-4-09; 96-182, eff. 8-10-09;
1496-208, eff. 8-10-09; 96-209, eff. 1-1-10; 96-213, eff.
158-10-09; 96-264, eff. 8-11-09; 96-328, eff. 8-11-09; 96-439,
16eff. 8-14-09; 96-454, eff. 8-14-09; 96-722, eff. 8-25-09;
1796-773, eff. 8-28-09; 96-830, eff. 12-4-09; 96-837, eff.
1812-16-09; 96-1000, eff. 7-2-10; 96-1359, eff. 7-28-10;
1996-1494, eff. 12-30-10; 96-1514, eff. 2-4-11; 96-1552, eff.
203-10-11; 97-93, eff. 1-1-12; 97-372, eff. 8-15-11; 97-600, eff.
218-26-11; revised 9-28-11.)
 
22    Section 99. Effective date. This Act takes effect upon
23becoming law.