(a) The boundaries of a proposed business improvement district may not overlap with the boundaries of another business improvement district or with the boundaries of a special service area established pursuant to the Special Service Area Tax Law. (b) The boundaries of any proposed business improvement district may overlap with the boundaries of a tax increment financing district.
65 ILCS 125/25
Boundaries of business improvement district
Known as the Business Improvement District Law
The act spans §§ 65-125-1 to 65-125-999 (22 sections).
P.A. 103-646, eff. 7-1-24.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.