TIF-REDEVELOPMENT PROJECT COST House SponsorsRep. Debbie Meyers-Martin and Stephanie A. Kifowit 1/10/2023HouseSession Sine Die 65 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-3 Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that "redevelopment project costs" include costs payable to businesses located within the redevelopment area that have experienced business interruption or other adverse conditions directly or indirectly attributable to the COVID-19 public health emergency. Provides that the costs may be reimbursed in the form of grants, subsidies, or loans and that the municipality may establish procedures for the payment of such costs, including application procedures, grant or loan agreements, certifications, payment methodologies, and other accountability measures that may be imposed upon participating businesses. Defines "costs of business interruption". 1/26/2021HouseFiled with the Clerk by Rep. Debbie Meyers-Martin 1/29/2021HouseFirst Reading 1/29/2021HouseReferred to Rules Committee 2/23/2021HouseAssigned to Revenue & Finance Committee 2/24/2021HouseAdded Co-Sponsor Rep. Stephanie A. Kifowit 3/4/2021HouseTo Property Tax Subcommittee 3/27/2021HouseRule 19(a) / Re-referred to Rules Committee 1/10/2023HouseSession Sine Die