IllinoisHB4335104th General Assembly (2025–2026)House

TIF-VETERAN ORGANIZATIONS

Sponsored By: Kevin Schmidt

In Committee

Summary

Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that "redevelopment project costs" includes, among other things, costs of operations, infrastructure, and programming of not-for-profit veterans and military organizations located within the redevelopment project area, including organizations designated as tax-exempt organizations under Section 501(c)(19) of the federal Internal Revenue Code.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Kevin Schmidt

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/27/2026House
  2. To Tax Policy: Other Taxes Subcommittee

    2/26/2026House
  3. Assigned to Revenue & Finance Committee

    2/11/2026House
  4. Referred to Rules Committee

    1/14/2026House
  5. First Reading

    1/14/2026House
  6. Filed with the Clerk by Rep. Kevin Schmidt

    1/7/2026House

Bill Text

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