summary
Introduced
01/16/2026
01/16/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Municipal Code. Provides that, on and after the effective date of the amendatory Act, a redevelopment project area and any amendment adding an additional area to any existing redevelopment project areas created under the Tax Increment Allocation Redevelopment Act of the Municipal Code may include areas within the Big Island River Conservancy District created under the River Conservancy Districts Act only if the municipality receives unanimous consent from both (1) the board of trustees of the Big Island River Conservancy District and (2) the joint review board created to review the proposed redevelopment project area and any proposed amendment of any existing redevelopment area. Amends the River Conservancy Districts Act to make conforming changes. Effective immediately.
AI Summary
This bill amends the Illinois Municipal Code and the River Conservancy Districts Act to require unanimous consent from both the Big Island River Conservancy District's board of trustees and the joint review board before any part of the Big Island River Conservancy District can be included in a redevelopment project area or an amendment to an existing redevelopment project area. This change applies to areas designated for redevelopment under the Tax Increment Allocation Redevelopment Act, which is a process used by municipalities to encourage development by capturing future increases in property taxes. The bill also makes conforming changes to the River Conservancy Districts Act and takes effect immediately.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Placed on Calendar Order of 3rd Reading February 26, 2026 (on 02/25/2026)
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