Illinois Compiled Statutes 55 Counties: Article -
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 1
Short title. This Act may be cited as the County Economic Development Project Area Tax Increment Allocation Act of 1991. (Source: P.A. 87-1.)
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 5
Legislative declaration of public purpose. (a) The General Assembly finds, determines, and declares the following: (1) The loss of job opportunities for the residents...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 10
Definitions. In this Act, words or terms have the following meanings: (a) "Economic development plan" means the written plan of a county that sets...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 15
Establishment of economic development project areas; Notice. (a) The corporate authorities of a county shall by ordinance propose the establishment of an economic development...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 20
Public hearing. At the public hearing, any interested person or any affected taxing district may file with the county clerk written objections and may...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 25
Changes in plan. (a) At the public hearing or at any time before the adoption by the county of an ordinance approving an economic...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 30
Ordinance adopted after public hearing. (a) At any time within 30 days of the final adjournment of the public hearing, a county may, by...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 35
Amendment of plan. (a) After a county has by ordinance approved an economic development plan and established an economic development project area, the plan...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 38
Cancellation and repayment of tax benefits. Any tax abatement or benefit granted by a taxing district under an agreement entered into under this Act...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 40
Limitation on number of economic development project areas. No county shall be authorized under this Act to establish economic development project areas and to...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 45
Filing with county clerk; certification of initial equalized assessed value. (a) A county that has by ordinance approved an economic development plan, established an economic...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 50
Special tax allocation fund. (a) If a county clerk has certified the "total initial equalized assessed value" of the taxable real property within an economic...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 55
Issuance of obligations for economic development project costs. (a) Obligations secured by the special tax allocation fund provided for in Section 50 for the...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 60
Powers of counties; economic development project area commissions. In addition to powers that it may now have, a county has the following powers under...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 62
Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 65
Conflicts of interest; disclosure. (a) If any member of the corporate authorities of a county or an employee or consultant of the county involved...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 70
Payment of project costs; revenues from county property. Revenues received by the county from any property, building, or facility owned, leased, or operated by...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 74
Requirements for annual budget. Beginning in fiscal year 2011 and in each fiscal year thereafter, a county must detail in its annual budget (i) the...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 75
Partial invalidity. If any Section, subdivision, paragraph, sentence, or clause of this Act is, for any reason, held to be invalid or unconstitutional, that...
- Illinois County Economic Development Project Area Tax Increment Allocation Act of 1991. - 55 ILCS 90, Section 110
This Act takes effect upon becoming a law. (Source: P.A. 87-1.)
Last modified: February 18, 2015