County Economic Development Project Area Tax Increment Allocation Act

Sections covered

• 55 ILCS 90/1Short title
• 55 ILCS 90/10Definitions
• 55 ILCS 90/110This Act takes effect upon becoming a law
• 55 ILCS 90/15Establishment of economic development project areas; Notice
• 55 ILCS 90/20Public hearing
• 55 ILCS 90/25Changes in plan
• 55 ILCS 90/30Ordinance adopted after public hearing
• 55 ILCS 90/35Amendment of plan
• 55 ILCS 90/38Cancellation and repayment of tax benefits
• 55 ILCS 90/40Limitation on number of economic development project areas
• 55 ILCS 90/45Filing with county clerk; certification of initial equalized assessed value
• 55 ILCS 90/5Legislative declaration of public purpose
• 55 ILCS 90/50Special tax allocation fund
• 55 ILCS 90/55Issuance of obligations for economic development project costs
• 55 ILCS 90/60Powers of counties; economic development project area commissions
• 55 ILCS 90/62Eminent domain
• 55 ILCS 90/65Conflicts of interest; disclosure
• 55 ILCS 90/70Payment of project costs; revenues from county property
• 55 ILCS 90/74Requirements for annual budget
• 55 ILCS 90/75Partial invalidity