· IL legislature · 104th

TIF VILLAGE OF SUMMIT

Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on the July 1, 2003 by the Village of Summit. Effective im…

Sponsor

Mike Porfirio (D-IL)

Introduced

2026-01-29

Policy area

Economics and Public Finance

Latest action

Rule 2-10 Committee Deadline Established As April 24, 2026