- Stage
- Failed
- Started in
- Senate
- Latest action
- Jan 10, 2023
Where it stands
Failed
This bill failed and is no longer moving.
What it does
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that all surplus funds in the special tax allocation fund shall be distributed as soon as possible after they are calculated (rather than distributed annually within 180 days after the close of the municipality's fiscal year).
What moved
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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