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IL HB6902

Bill

Official Source

Status

Introduced

8/27/2010

Primary Sponsor

John Fritchey

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Origin

House of Representatives

96th General Assembly

AI Summary

  • Amends the Illinois State Auditing Act to require the Auditor General to conduct financial and compliance audits of all tax increment financing (TIF) districts located within the City of Chicago by June 30, 2012.

  • The TIF audits must examine revenues, expenses, and transfers of funds in each tax increment financing district.

  • Effective immediately upon becoming law.

Legislative Description

AUDITOR GENERAL-AUDIT TIFS

Last Action

Referred to Rules Committee

11/10/2010

Committee Referrals

Rules11/10/2010

Full Bill Text

No bill text available