Illinois General Assembly - Bill Status for HB0367
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 Bill Status of HB0367  102nd General Assembly


Short Description:  LOCAL GOVERNMENT LAND BANKS

House Sponsors
Rep. Sonya M. Harper

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
New Act
5 ILCS 140/7from Ch. 116, par. 207
20 ILCS 3501/815-10
20 ILCS 3501/815-20
20 ILCS 3501/815-25
20 ILCS 3501/815-30
30 ILCS 5/3-1from Ch. 15, par. 303-1
35 ILCS 200/21-11 new
35 ILCS 200/21-450 new
65 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-3


Synopsis As Introduced
Creates the Community Improvement Land Bank Act. Provides for the creation of community improvement land banks by a county, municipality, or township, or any combination of those units, for the main purposes of advancing, encouraging, and promoting the industrial, economic, commercial, and civic development of a community or area and facilitating the reclamation, rehabilitation, and reutilization of vacant, abandoned, tax-foreclosed, or other real property within the county, municipality, or township for whose benefit the land bank is being organized. Provides procedures for creating the community improvement land banks, the powers of a land bank (including to purchase and sell tax delinquent properties), and the creation and composition of the board of directors of land banks. Limits the liability of the community improvement land banks. Allows the county, municipality, or township to have the land bank create a land reutilization program to facilitate the effective reutilization of nonproductive land situated within its boundaries and contains requirements of such a program. Defines terms. Amends various Acts and Codes making conforming changes. Effective Immediately.

Actions 
DateChamber Action
  1/28/2021HouseFiled with the Clerk by Rep. Sonya M. Harper
  1/29/2021HouseFirst Reading
  1/29/2021HouseReferred to Rules Committee
  3/2/2021HouseAssigned to Revenue & Finance Committee
  3/11/2021HouseTo Property Tax Subcommittee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

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