Illinois Compiled Statutes 65 ILCS 110 Economic Development Project Area Tax Increment Allocation Act of 1995. Section 40

    (65 ILCS 110/40)

    Sec. 40. Limitation on number of economic development project areas. No municipality shall be authorized under this Act to establish economic development project areas and to adopt tax increment allocation financing for those areas later than 60 months following the effective date of this Act.

(Source: P.A. 89-176, eff. 1-1-96.)

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Last modified: February 18, 2015