Illinois Compiled Statutes 20 Executive Branch: Article 3 - Brownfields Redevelopment and Intermodal Promotion Act

• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-1
  Short title. This Article may be cited as the Brownfields Redevelopment and Intermodal Promotion Act. References in this Article to "this Act" mean this Article....
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-5
  Findings. The General Assembly has determined that it is in the interest of the State of Illinois to facilitate remediation and productive re-use of brownfield...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-10
  Definitions. As used in this Act: "Affected Municipality" means a municipality whose boundaries are partially or completely within the Brownfields Redevelopment Zone and where an...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-15
  South Suburban Brownfields Redevelopment Zone Fund. The South Suburban Brownfields Redevelopment Zone Fund is created as a special fund in the State treasury. Upon certification...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-20
  South Suburban Brownfields Redevelopment Fund; eligible projects. In State fiscal years 2015 through 2021, all moneys in the South Suburban Brownfields Redevelopment Zone Fund shall...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-25
  Limitation on amounts for eligible projects. The total amount of tax increment to be transferred to the South Suburban Increment Fund shall not exceed $3,000,000...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-30
  Managing Partner; Advisory Council; responsibilities. (a) The Managing Partner shall report its recommendations to the Advisory Council. The Advisory Council consists of two members appointed...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-35
  Eligible projects. Funds may be used only for projects that are necessary for the establishment of a facility classified under the current edition of the...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-40
  Prohibited projects. Funds shall not be used to support projects that create the following types of permanent facilities and structures: (i) any type or kind...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-45
  Eligible activities. Funds held in the South Suburban Brownfields Redevelopment Fund may be expended for the following purposes: (1) Payment of costs undertaken directly by...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-50
  Agreements with Eligible Developers and Affected Municipalities. Prior to the expenditure of any amounts from the Fund (except for administration costs of the Managing Partner...
• Illinois Brownfields Redevelopment and Intermodal Promotion Act. - 20 ILCS 607, Section 3-55
  Rules. The Department and the Department of Revenue may promulgate rules necessary to implement this Act. (Source: P.A. 98-109, eff. 7-25-13.)

Last modified: February 18, 2015