<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5794         </title>
<shortdesc>TIF-CITY OF PONTIAC</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Thomas M. Bennett</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>65 ILCS 5/11-74.4-3.5</reference><aliasreference></aliasreference><SynopsisText>     Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Creates a tax increment allocation financing extension to the 47th year (currently, the 35th year) for 2 redevelopment project areas adopted by the City of Pontiac if the City of Pontiac adopts a specified ordinance and provides notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>8/24/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Thomas M. Bennett</action>
<statusdate>11/16/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>11/16/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

