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IL SB3676

Bill

Status

Failed

1/7/2025

Primary Sponsor

Jil Tracy

Click for details

Origin

Senate

103rd General Assembly

AI Summary

  • Authorizes the Department of Commerce and Economic Opportunity to certify one additional pilot River Edge Redevelopment Zone in the City of Quincy, Illinois

  • Amends the River Edge Redevelopment Zone Act (65 ILCS 115/10-5.3) to add Quincy to the list of cities eligible for pilot zones

  • River Edge Redevelopment Zones provide economic incentives for redevelopment of areas along rivers and can remain in effect for up to 30 calendar years

  • Existing pilot River Edge Redevelopment Zones have been established in East St. Louis, Rockford, Aurora, Elgin, Peoria, Joliet, and Kankakee

  • Municipalities with certified zones must submit a plan within 60 days encouraging participation by minority persons, women, persons with disabilities, and veterans

Legislative Description

RIVER EDGE REDEVELOP-QUINCY

Last Action

Session Sine Die

1/7/2025

Committee Referrals

Assignments5/3/2024
Revenue2/28/2024
Assignments2/9/2024

Full Bill Text

No bill text available