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IL SB3382
Bill
AI Summary
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Amends Senate Bill 3382 to add effective date limitations to provisions regarding economic development areas.
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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.
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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.
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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