OBAMA-GARCIA-DEL VALLE. 65 ILCS 5/11-74.4-3 from Ch. 24, par. 11-74.4-3 65 ILCS 5/11-74.4-4 from Ch. 24, par. 11-74.4-4 Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Requires each redevelopment plan to include a commitment to fair employment, an affirmative action plan, a fair housing impact study, and an affordable housing impact study. Sets forth the requirements for the studies. Includes in the definition of "redevelopment project costs" relocation costs to be paid in accordance with the federal Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Requires a municipality to pay an owner of residential property that the municipality acquired by eminent domain an amount in excess of the fair market value as compensatory damages for the involuntary nature of the loss. Requires the municipality to commission as part of a TIF eligibility study, an affordable housing study that includes certain provisions. Makes other changes. 97-02-05 S FIRST READING 97-02-05 S REFERRED TO SENATE RULES COMMITTEE RULES 97-02-06 S ASSIGNED TO COMMITTEE REVENUE 97-02-28 S TO SUBCOMMITTEE 97-03-06 S POSTPONED 97-03-06 S COMMITTEE REVENUE 97-03-15 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary