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<xml>
<title>Illinois General Assembly - Bill Status for HB 4852   </title>
<shortdesc>MUNI CD-TIF-USE OF PROCEEDS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Harry Osterman</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>65 ILCS 5/11-74.4-3</reference><aliasreference>from Ch. 24, par. 11-74.4-3</aliasreference><SynopsisText>     Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that, after July 1, 2006, the term "redevelopment costs" includes costs associated with lead-abatement activities for property that is contiguous to, but not included within, the redevelopment project area if those lead-abatement activities further the purpose of the redevelopment project. Effective July 1, 2006.</SynopsisText></synopsis>
<actions>
<statusdate>1/19/2006</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Harry Osterman</action>
<statusdate>1/19/2006</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/19/2006</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

