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IL SB3382

Bill

Status

Failed

1/8/2013

Primary Sponsor

Michael Noland

Click for details

Origin

Senate

97th General Assembly

AI Summary

  • Amends Senate Bill 3382 to add effective date limitations to provisions regarding economic development areas.

  • Restricts application of tax increment financing provisions to school districts located in economic development areas established or extended on or after the effective date of this amendatory act.

  • Adds temporal qualifiers to provisions addressing extended economic development agreements, limiting them to agreements entered into on or after the effective date of this amendatory act.

  • Applies new restrictions to multiple sections of the underlying bill, with identical effective date requirements repeated across provisions on pages 3, 8, 11, 16, and 22.

Legislative Description

ECON DEVELOPMENT-NOTICE

Last Action

Session Sine Die

1/8/2013

Committee Referrals

Assignments5/2/2012
Revenue2/24/2012
Assignments2/7/2012

Full Bill Text

No bill text available