TIF-CITY OF PEKIN House SponsorsRep. Mark Luft 1/10/2023HouseSession Sine Die 65 ILCS 5/11-74.4-3.5 Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Creates a tax increment allocation financing extension to the 47th year (currently, the 35th year) after the adoption of the ordinance of November 11, 1986 by the City of Pekin. Requires adoption of an ordinance by the City of Pekin extending the completion date of the redevelopment project area to 47 years and providing notice to the taxing bodies that would otherwise constitute the joint review board. Effective immediately. 10/14/2021HouseFiled with the Clerk by Rep. Mark Luft 10/19/2021HouseFirst Reading 10/19/2021HouseReferred to Rules Committee 1/10/2023HouseSession Sine Die