92nd General Assembly
Summary of HB4040
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House Sponsors:

Short description: 
MUNI CD-TIF DISTRICT EXTENSION                                             

Synopsis of Bill as introduced:
        Amends the Tax Increment  Allocation  Redevelopment  Act  in  the      
   Illinois  Municipal  Code.  Provides that the redevelopment project in      
   the TIF District created by an ordinance adopted on December 22,  1986      
   by the City of Aledo must be completed by December 31 of the 35th year      
   (now,  the  23rd  year)  after  the  year  in  which the ordinance was      
   adopted. Effective immediately.                                             
          HOME RULE NOTE                                                       
          (Illinois Department of Commerce and Community Affairs)              
          In the opinion of DCCA, HB 4040 does not pre-empt home rule          
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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