Illinois General Assembly - Bill Status for HB5866
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 Bill Status of HB5866  101st General Assembly


Short Description:  TIF-EAST ST LOUIS

House Sponsors
Rep. LaToya Greenwood

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-3.5


Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Creates a tax increment allocation financing extension to the 47th year (currently, the 35th year) for the redevelopment project areas that were established on December 29, 1986 and January 23, 1991 by the City of East St. Louis. Requires adoption of an ordinance extending the completion date and providing notice to the taxing bodies that would otherwise constitute the joint review board. Effective immediately.

Actions 
DateChamber Action
  12/2/2020HouseFiled with the Clerk by Rep. LaToya Greenwood
  1/8/2021HouseFirst Reading
  1/8/2021HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die

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