summary
Introduced
01/09/2025
01/09/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that, before an ordinance may be adopted approving a redevelopment project area, the redevelopment project area must be approved by referendum of the voters of the affected taxing districts. Includes requirements for the ordinance or resolution proposing the redevelopment project area, for submission of and language for the referendum, and approval of the referendum when a majority of the voters in each of the affected taxing districts approve the referendum. Modifies notice requirements for the public meeting, and requires the notification of all voters of the affected taxing districts. Requires notice by publication, mailing, and on the website of the municipality (rather than by publication and mailing), and modifies the timing in which notices must be sent. Requires that a notice also must contain a copy of the proposed ordinance designating the redevelopment project area, a list of all taxes levied by each of the taxing districts that constitute the joint review board, a statement of the projected impact that the redevelopment project area will have on those taxing district, and the proposed referendum language. Makes other changes. Effective immediately.
AI Summary
This bill amends the Illinois Municipal Code to introduce a mandatory referendum process for establishing Tax Increment Financing (TIF) districts. Specifically, before a municipality can adopt an ordinance designating a redevelopment project area, the voters of all taxing districts that constitute the joint review board must first approve the area through a referendum. The referendum will ask voters whether the municipality should establish a redevelopment project area, and it must be approved by a majority of voters in each affected taxing district. The bill also modifies notice requirements for public hearings, mandating that notices now include additional information such as a copy of the proposed ordinance, a list of taxes levied by affected taxing districts, a statement of projected impact on those districts, and the proposed referendum language. Notices must now be published on the municipality's website, mailed to all registered voters in the affected taxing districts, and include translations when appropriate. These changes aim to increase transparency and public input in the TIF district creation process by giving voters direct decision-making power and ensuring they are comprehensively informed about proposed redevelopment areas.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Rule 19(a) / Re-referred to Rules Committee (on 03/21/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1142&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB1142.htm |
Loading...