Illinois General Assembly - Bill Status for HB4495

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Bill Status of HB4495 101st General Assembly

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Short Description: TIF-BLIGHTED AREAS DEFINITION

House Sponsors
Rep. Dan Ugaste

Last Action

Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

65 ILCS 5/11-74.4-3

from Ch. 24, par. 11-74.4-3

65 ILCS 5/11-74.4-3.1

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that for redevelopment project areas created on and after the effective date of the amendatory Act, "blighted areas" must have a household median income of 100% or less of the area median income, as defined by the U.S. Department of Housing and Urban Development, in addition to the other requirements for "blighted areas". Effective immediately.

Actions

Date	Chamber	Action
2/4/2020	House	Filed with the Clerk by Rep. Dan Ugaste
2/4/2020	House	First Reading
2/4/2020	House	Referred to Rules Committee
3/12/2020	House	Assigned to Revenue & Finance Committee
6/23/2020	House	Rule 19(b) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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