MUNI CD-TIF SURPLUS FUNDS Senate SponsorsSen. Laura M. Murphy 1/10/2023SenateSession Sine Die 65 ILCS 5/11-74.4-7from Ch. 24, par. 11-74.4-7Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that all surplus funds in the special tax allocation fund shall be distributed as soon as possible after they are calculated (rather than distributed annually within 180 days after the close of the municipality's fiscal year). 12/15/2021SenateFiled with Secretary by Sen. Laura M. Murphy 12/15/2021SenateFirst Reading 12/15/2021SenateReferred to Assignments 1/10/2023SenateSession Sine Die