Bill Status of SB0082  94th General Assembly

Short Description:  MUNI CD-TIF REPORTS

Senate Sponsors
Sen. Christine Radogno

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/8-8-4from Ch. 24, par. 8-8-4
65 ILCS 5/8-8-8from Ch. 24, par. 8-8-8
30 ILCS 805/8.29 new

Synopsis As Introduced
Amends the Illinois Municipal Code. Requires a reporting municipality to comply with certain procedures and pay certain compensation to the Comptroller if a tax increment financing report is not filed within 6 months after the close of the fiscal year of the municipality. Provides that payment for the tax increment financing report shall be ordered by the corporate authorities of the municipality out of the municipality's tax increment financing funds, and prohibits a municipality from levying a tax to meet the costs of a tax increment financing report. Preempts home rule. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.

DateChamber Action
  1/26/2005SenateFiled with Secretary by Sen. Christine Radogno
  1/26/2005SenateFirst Reading
  1/26/2005SenateReferred to Rules
  2/3/2005SenateAssigned to Commerce & Economic Development
  3/3/2005SenatePostponed - Commerce & Economic Development
  3/17/2005SenatePostponed - Commerce & Economic Development
  3/18/2005SenateRule 3-9(a) / Re-referred to Rules
  1/9/2007SenateSession Sine Die