TIF-PTELL-VARIOUS Senate SponsorsSen. Chuck Weaver House Sponsors(Rep. Jim Durkin) 1/13/2021SenateSession Sine Die 70 ILCS 518/5Amends the Southeastern Illinois Economic Development Authority Act. Makes a technical change in a Section concerning the short title.Senate Floor Amendment No. 1 Deletes reference to:70 ILCS 518/5Adds reference to:35 ILCS 200/18-18565 ILCS 5/11-74.4-8from Ch. 24, par. 11-74.4-8Replaces everything after the enacting clause. Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that any ordinance adopting tax increment financing on or after the effective date of the amendatory Act shall specify a date for the dissolution of the special tax allocation fund and a date for the termination of the designation of the redevelopment project area. Provides that, within 90 days after the effective date of the amendatory Act, each municipality shall amend all existing tax increment financing ordinances to specify a date for the dissolution of the special tax allocation fund and a date for termination of the designation of the redevelopment project area. Provides that municipalities shall notify affected taxing districts of the termination of redevelopment project areas by July 1 (currently, November 1) of the calendar year in which the redevelopment project area is terminated. Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if a municipality has failed to provide timely notice to all taxing bodies of the termination of a redevelopment project area and the county clerk has been notified of that failure, then "recovered tax increment value" means the amount of the current year's equalized assessed value in the first year beginning at least 60 days after the notice has been provided. 1/31/2019SenateFiled with Secretary by Sen. William E. Brady 1/31/2019SenateFirst Reading 1/31/2019SenateReferred to Assignments 2/20/2019SenateAssigned to Executive 3/6/2019SenateDo Pass Executive; 016-000-000 3/6/2019SenatePlaced on Calendar Order of 2nd Reading March 7, 2019 3/7/2019SenateSecond Reading 3/7/2019SenatePlaced on Calendar Order of 3rd Reading March 12, 2019 4/1/2019SenateChief Sponsor Changed to Sen. Chuck Weaver 4/4/2019SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Chuck Weaver 4/4/2019SenateSenate Floor Amendment No. 1 Referred to Assignments 4/9/2019SenateSenate Floor Amendment No. 1 Assignments Refers to Revenue 4/10/2019SenateSenate Floor Amendment No. 1 Recommend Do Adopt Revenue; 008-000-000 4/12/2019SenateRecalled to Second Reading 4/12/2019SenateSenate Floor Amendment No. 1 Adopted; Weaver 4/12/2019SenatePlaced on Calendar Order of 3rd Reading 4/12/2019SenateThird Reading - Passed; 053-000-000 4/15/2019HouseArrived in House 4/15/2019HouseChief House Sponsor Rep. Jim Durkin 4/30/2019HouseFirst Reading 4/30/2019HouseReferred to Rules Committee 4/30/2019HouseAssigned to Revenue & Finance Committee 5/9/2019HouseDo Pass / Short Debate Revenue & Finance Committee; 015-000-000 5/9/2019HousePlaced on Calendar 2nd Reading - Short Debate 5/22/2019HouseSecond Reading - Short Debate 5/22/2019HouseHeld on Calendar Order of Second Reading - Short Debate 5/24/2019HouseFinal Action Deadline Extended-9(b) May 31, 2019 5/31/2019HouseFinal Action Deadline Extended-9(b) June 30, 2019 6/28/2019HouseRule 19(a) / Re-referred to Rules Committee 1/13/2021SenateSession Sine Die