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91_HB0305sam001
LRB9101600PTpkam04
1 AMENDMENT TO HOUSE BILL 305
2 AMENDMENT NO. . Amend House Bill 305 on page 11, by
3 deleting lines 10 through 31; and
4 on page 12, by replacing line 4 with the following:
5 "11-74.4-8a and adding Sections 8-8-3.5 and 11-74.4-4.2 as
6 follows:
7 (65 ILCS 5/8-8-3.5 new)
8 Sec. 8-8-3.5. Tax Increment Financing Report. The
9 reports filed under subsection (d) of Section 11-74.4-5 of
10 the Tax Increment Allocation Redevelopment Act in the
11 Illinois Municipal Code must be separate from any other
12 annual report filed with the Comptroller. The Comptroller
13 must, in cooperation with reporting municipalities, create a
14 format for the reporting of information described in
15 paragraphs 1.5 and 5 and in subparagraph (G) of paragraph 7
16 of subsection (d) of Section 11-74.4-5 of the Tax Increment
17 Allocation Redevelopment Act that facilitates consistent
18 reporting among the reporting municipalities. The Comptroller
19 may allow these reports to be filed electronically and may
20 display the report, or portions of the report, electronically
21 via the Internet. All reports filed under this Section must
22 be made available for examination and copying by the public
-2- LRB9101600PTpkam04
1 at all reasonable times."; and
2 on page 16, line 30, before the colon, by inserting "to which
3 it pertains"; and
4 on page 18, by replacing lines 13 through 15 with the
5 following:
6 "within the intent of the Act and (ii) is reasonably
7 distributed throughout the vacant part or parts of the
8 redevelopment project area to which it pertains:"; and
9 on page 49, by replacing line 23 with the following:
10 "(11.5) If the redevelopment project area is
11 located within a municipality with a population of more
12 than 100,000, the cost of day care services for children
13 of"; and
14 on page 54, by replacing line 18 with the following:
15 "(a) The changes made by this amendatory Act of the 91st
16 General Assembly do not apply to a municipality that, (i)
17 before the effective date of this amendatory Act of the 91st
18 General Assembly, has adopted an ordinance or resolution
19 fixing a time and place for a public hearing under Section
20 11-74.4-5 or (ii) before July 1, 1999, has adopted an
21 ordinance or resolution providing for a feasibility study
22 under Section 11-74.4-4.1, but has not yet adopted an
23 ordinance approving redevelopment plans and redevelopment
24 projects or designating redevelopment project areas under
25 this Section, until after that municipality adopts an
26 ordinance approving redevelopment plans and redevelopment
27 projects or designating redevelopment project areas under
28 this Section; thereafter the changes made by this amendatory
29 Act of the 91st General Assembly apply to the same extent
30 that they apply to redevelopment plans and redevelopment
31 projects that were approved and redevelopment projects that
32 were designated before the effective date of this amendatory
-3- LRB9101600PTpkam04
1 Act of the 91st General Assembly.
2 By ordinance introduced in the governing body of the";
3 and
4 on page 62, by replacing line 28 with the following:
5 "Sec. 11-74.4-5. (a) The changes made by this amendatory
6 Act of the 91st General Assembly do not apply to a
7 municipality that, (i) before the effective date of this
8 amendatory Act of the 91st General Assembly, has adopted an
9 ordinance or resolution fixing a time and place for a public
10 hearing under this Section or (ii) before July 1, 1999, has
11 adopted an ordinance or resolution providing for a
12 feasibility study under Section 11-74.4-4.1, but has not yet
13 adopted an ordinance approving redevelopment plans and
14 redevelopment projects or designating redevelopment project
15 areas under Section 11-74.4-4, until after that municipality
16 adopts an ordinance approving redevelopment plans and
17 redevelopment projects or designating redevelopment project
18 areas under Section 11-74.4-4; thereafter the changes made by
19 this amendatory Act of the 91st General Assembly apply to the
20 same extent that they apply to redevelopment plans and
21 redevelopment projects that were approved and redevelopment
22 projects that were designated before the effective date of
23 this amendatory Act of the 91st General Assembly.
24 Prior to the adoption of an"; and
25 on page 70, lines 28 and 29, by replacing "in the financial
26 report required under Section 3 of the Governmental Account
27 Audit Act" with "under Section 8-8-3.5 of the Illinois
28 Municipal Code".