· IL legislature · 104th

TIF-COMPLETION

Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that, if the ordinance approving the redevelopment project area was adopted on or after July 1, 2025, then the estimated dates of completion of the redevelopment project and the retirement of obligations issued to finance…

Sponsor

Maura Hirschauer (D-IL)

Introduced

2025-02-07

Policy area

Economics and Public Finance

Latest action

Rule 19(a) / Re-referred to Rules Committee