IL HB4661 | 2015-2016 | 99th General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on April 20 2016 - 50% progression, died in committee
Action: 2016-05-27 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Creates the Local Government Stabilization Authority Act. Authorizes the corporate authorities of Calumet Township, Thornton Township, and Bremen Township to create, by ordinance, a Local Government Stabilization Authority that shall use available funds to facilitate the return of vacant, abandoned, and tax-delinquent properties to productive use, combatting community deterioration, and creating economic growth. Provides definitions. Sets forth procedure regarding the creation of an Authority and funding sources. Further provides for the following: (1) an Authority's tax-exempt status; (2) the appointment of the Board of Directors and Chairperson, their terms of office, their removal, and vacancies; (3) the responsibilities and powers of the Board of Directors; and (4) an Executive Director to administer an Authority on a day-to-day basis. Sets forth the powers of an Authority to implement the purpose of the Act, including the authority to borrow money, enter into partnerships and joint ventures, and contract for goods and services. Permits an Authority to acquire, hold, manage, and dispose of real property. Requires an Authority to prepare an annual budget and provide annual financial statements and reports to the corporate authorities. Permits the corporate authorities to dissolve an Authority and provides requirements regarding the transfer of an Authority's debts, liabilities, and obligations. Effective immediately.

Tracking Information

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Title

LOCAL GOV STABILIZATION ACT

Sponsors


Roll Calls

2016-04-20 - House - Third Reading in House (Y: 101 N: 14 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2016-05-27SenateRule 3-9(a) / Re-referred to Assignments
2016-05-13SenateRule 2-10 Committee Deadline Established As May 27, 2016
2016-05-11SenatePostponed - Local Government
2016-05-03SenateAssigned to Local Government
2016-04-20SenateReferred to Assignments
2016-04-20SenateFirst Reading
2016-04-20SenateChief Senate Sponsor Sen. Napoleon Harris, III
2016-04-20SenatePlaced on Calendar Order of First Reading
2016-04-20SenateArrive in Senate
2016-04-20HouseThird Reading - Short Debate - Passed 101-014-000
2016-04-19HousePlaced on Calendar Order of 3rd Reading - Short Debate
2016-04-19HouseHouse Floor Amendment No. 2 Adopted
2016-04-19HouseHouse Floor Amendment No. 1 Adopted
2016-04-14HouseHeld on Calendar Order of Second Reading - Short Debate
2016-04-14HouseSecond Reading - Short Debate
2016-04-14HouseHouse Floor Amendment No. 2 Recommends Be Adopted Counties & Townships Committee; 009-000-000
2016-04-13HouseHouse Floor Amendment No. 2 Rules Refers to Counties & Townships Committee
2016-04-12HouseHouse Floor Amendment No. 2 Referred to Rules Committee
2016-04-12HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Thaddeus Jones
2016-04-07HouseHouse Floor Amendment No. 1 Recommends Be Adopted Counties & Townships Committee; 011-000-000
2016-04-06HouseHouse Floor Amendment No. 1 Rules Refers to Counties & Townships Committee
2016-04-06HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2016-04-06HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Thaddeus Jones
2016-04-06HousePlaced on Calendar 2nd Reading - Short Debate
2016-04-06HouseDo Pass / Short Debate Counties & Townships Committee; 011-000-000
2016-03-23HouseAssigned to Counties & Townships Committee
2016-02-05HouseReferred to Rules Committee
2016-02-05HouseFirst Reading
2016-02-03HouseFiled with the Clerk by Rep. Thaddeus Jones

Illinois State Sources


Bill Comments

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