TIF-SURPLUS FUNDS-SCHOOLS Senate SponsorsSen. Omar Aquino 1/10/2023SenateSession Sine Die 65 ILCS 5/11-74.4-2from Ch. 24, par. 11-74.4-265 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-365 ILCS 5/11-74.4-5from Ch. 24, par. 11-74.4-565 ILCS 5/11-74.4-7from Ch. 24, par. 11-74.4-765 ILCS 5/11-74.4-8from Ch. 24, par. 11-74.4-865 ILCS 5/11-74.4-8afrom Ch. 24, par. 11-74.4-8aAmends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that surplus tax revenues may be used to pay for costs of special education, social services, and other costs of a public school district. Provides that for municipalities with a population of over 1,000,000, redevelopment project costs include public school district qualified workers, costs of providing special educational facilities and services, school psychological services, and school social work services, and any surplus balance in the special tax allocation fund at the end of the fiscal year shall be used for these workers, facilities, and services. Removes provisions allowing anticipated redevelopment project costs to be deemed surplus funds. 2/26/2021SenateFiled with Secretary by Sen. Omar Aquino 2/26/2021SenateFirst Reading 2/26/2021SenateReferred to Assignments 3/23/2021SenateAssigned to Revenue 4/16/2021SenateRule 3-9(a) / Re-referred to Assignments 1/10/2023SenateSession Sine Die