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IL SB2849

Bill

Official Source

Status

Introduced

1/14/2026

Primary Sponsor

Mike Porfirio

Click for details

Origin

Senate

104th General Assembly

AI Summary

  • Extends the completion deadline for the Village of Bedford Park's 65th Street TIF District, originally established by ordinance on August 10, 2010

  • Amends Section 11-74.4-3.5 of the Tax Increment Allocation Redevelopment Act within the Illinois Municipal Code

  • Extends both the estimated redevelopment project completion date and the retirement date for obligations issued to finance redevelopment project costs

  • Takes effect immediately upon becoming law

  • Sponsored by Senator Mike Porfirio and introduced on January 13, 2026

Legislative Description

MUNI CD-TIF-BEDFORD PARK

Last Action

Rule 2-10 Committee Deadline Established As April 24, 2026

3/13/2026

Committee Referrals

Revenue2/3/2026
Assignments1/14/2026

Full Bill Text

No bill text available