IllinoisSB3436104th General Assembly (2025–2026)Senate

CAP CITY REDEVELOPMENT ZONE

Sponsored By: Doris Turner (Democratic)

In Committee

Summary

Creates the Capital City Redevelopment Zone Act. Sets forth qualifications for an area to be designated as a Capital City Redevelopment Zone. Provides procedures and requirements for the initiation of a Capital City Redevelopment Zone by a municipality. Requires a municipality that has adopted an ordinance designating an area as a Capital City Redevelopment Zone to apply to the Department of Commerce and Economic Opportunity for certification of the zone. Sets forth requirements for certification. Provides for procedures and requirements for the review of Capital City Redevelopment Zone applications and the certification, amendment, and decertification of a Capital City Redevelopment Zone. Provides for adoption of tax increment financing. Describes the powers and duties of the Department of Commerce and Economic Opportunity. Provides requirements for administration of a Capital City Redevelopment Zone. Provides requirements for notice of cessation of business operations for businesses within a Capital City Redevelopment Zone. Provides for an income tax deduction. Sets forth accounting requirements regarding tax exemptions and other benefits under the Act. Provides for a capital city construction jobs income tax credit. Specifies the requirements that apply to taxpayers seeking capital city construction job tax credits. Creates the Capital City Development Fund as a special fund in the State treasury. Provides for grants to eligible developers. Makes findings. Defines terms. Makes conforming changes. Adds references to the Capital City Redevelopment Zone Act in the Corporate Accountability for Tax Expenditures Act, the Illinois Income Tax Act, the Retailers' Occupation Tax Act, the Property Tax Code, and the Environmental Protection Act. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Doris Turner

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  2. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

    5/15/2026Senate
  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  4. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  5. Assigned to Revenue

    2/17/2026Senate
  6. Referred to Assignments

    2/4/2026Senate
  7. First Reading

    2/4/2026Senate
  8. Filed with Secretary by Sen. Doris Turner

    2/4/2026Senate

Bill Text

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