IL HB5548

Amends the Illinois Municipal Code to permit non-home rule municipalities to use revenue tax proceeds for costs associated with abating unsafe or dilapidated structures, in addition to existing uses for municipal operations, public infrastructure, and property tax relief.

Modifies Sections 8-11-1.1, 8-11-1.3, 8-11-1.4, and 8-11-1.5 to include abatement of unsafe or dilapidated structures as an authorized expenditure category under the Non-Home Rule Municipal Retailers' Occupation Tax Act, Service Occupation Tax Act, and Use Tax Act.

Updates the election ballot language to inform voters that revenue taxes may be used for "costs associated with the abatement of unsafe or dilapidated structures" alongside existing authorized purposes.

Applies to revenue taxes approved by referendum on or after the effective date of this Act.

Takes effect immediately upon becoming law.