Chapter 65 — MUNICIPALITIES

(65 ILCS 110/30) Sec. 30. Ordinance adopted after public hearing. (a) At any time within 30 days of the final adjournment of the public hearing, a municipality may, by ordinance, approve the economic development plan, establish the economic development project area, and authorize…

(65 ILCS 110/35) Sec. 35. Amendment of plan. (a) After a municipality has by ordinance approved an economic development plan and established an economic development project area, the plan may be amended and the boundaries of the area may be altered only as provided in this Sectio…

(65 ILCS 110/40) Sec. 40. Limitation on number of economic development project areas. No municipality shall be authorized under this Act to establish economic development project areas and to adopt tax increment allocation financing for those areas later than 60 months following …

(65 ILCS 110/45) Sec. 45. Filing with county clerk; certification of initial equalized assessed value. (a) A municipality that has by ordinance approved an economic development plan, established an economic development project area, and adopted tax increment allocation financing …

(65 ILCS 110/5) Sec. 5. Legislative Declaration. (a) The General Assembly finds, determines, and declares the following: (1) Actions taken by the Secretary of Defense to close military installations under Title II of the Defense Authorization Amendments and Base Closure and Reali…

(65 ILCS 110/50) Sec. 50. Special tax allocation fund. (a) If a county clerk has certified the "total initial equalized assessed value" of the taxable real property within an economic development project area in the manner provided in Section 45, each year after the date of the c…

(65 ILCS 110/55) Sec. 55. Issuance of obligations for economic development project costs. (a) Obligations secured by the special tax allocation fund provided for in Section 50 for the economic development project area may be issued to provide for the payment of economic developme…

(65 ILCS 110/57) Sec. 57. Cancellation and repayment of tax benefits. Any tax abatement or benefit granted by a taxing district under an agreement entered into under this Act to a private individual or entity for the purpose of originating, locating, maintaining, rehabilitating, …

(65 ILCS 110/60) Sec. 60. Powers of municipalities; economic development project area commissions. In addition to powers that it may now have, a municipality has the following powers under this Act: (1) To make and enter into all contracts necessary or incidental to the implement…

(65 ILCS 110/62) Sec. 62. Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject to, and shall be exercised in accordance with, the Eminent Domain Act. (Source: P.A. 94-105…

(65 ILCS 110/65) Sec. 65. Conflicts of interest; disclosure. (a) If any member of the corporate authorities of a municipality or an employee or consultant of the municipality involved in the planning, analysis, preparation, or administration of an economic development plan or an …

(65 ILCS 110/70) Sec. 70. Payment of project costs; revenues from municipal property. Revenues received by the municipality from any property, building, or facility owned, leased, or operated by the municipality or any agency or authority established by the municipality in furthe…

(65 ILCS 110/72) Sec. 72. Status report; hearing. No later than 10 years after the corporate authorities of a municipality adopt an ordinance to establish an economic development project area, the municipality must compile a status report concerning the economic development proje…

(65 ILCS 110/74) Sec. 74. Requirement for annual budget. Beginning in fiscal year 2011 and in each fiscal year thereafter, a municipality must detail in its annual budget (i) the revenues generated from economic development project areas by source and (ii) the expenditures made b…

(65 ILCS 110/75) Sec. 75. Partial invalidity. If any Section, subdivision, paragraph, sentence, or clause of this Act is, for any reason, held to be invalid or unconstitutional, the decision shall not affect any remaining portion, Section or part of this Act that can be given eff…

(65 ILCS 115/10-1) Sec. 10-1. This Article may be cited as the River Edge Redevelopment Zone Act, and references in this Article to "this Act" mean this Article. (Source: P.A. 94-1021, eff. 7-12-06.)

(65 ILCS 115/10-10) Sec. 10-10. Income tax deduction. (a) A business entity may receive a deduction against income subject to State taxes for a contribution to a designated zone organization if the project for which the contribution is made has been specifically approved by the d…

(65 ILCS 115/10-10.1) Sec. 10-10.1. (Repealed). (Source: P.A. 99-733, eff. 1-1-17. Repealed internally, eff. 8-1-20)

(65 ILCS 115/10-10.2) Sec. 10-10.2. Accounting. (a) Any business receiving tax incentives due to its location within a River Edge Redevelopment Zone must annually report to the Department of Revenue information reasonably required by the Department to enable the Department of Rev…

(65 ILCS 115/10-10.3) Sec. 10-10.3. River Edge Construction Jobs Credit. (a) Beginning on January 1, 2021, a business entity may receive a tax credit against the tax imposed under subsections (a) and (b) of Section 201 in an amount equal to 50% (or 75% if the project is located i…

(65 ILCS 115/10-10.4) Sec. 10-10.4. Certified payroll. Any taxpayer seeking River Edge construction job tax credits must: (1) annually, until construction is completed, submit a report that, at a minimum, describes the projected project scope, timeline, and anticipated budget; on…

(65 ILCS 115/10-15) Sec. 10-15. Riverfront Development Fund. (a) Purpose. The General Assembly has determined that it is in the interest of the State of Illinois to promote development that will protect, promote, and improve the riverfront areas of a financially distressed city d…

(65 ILCS 115/10-2) Sec. 10-2. Findings. The General Assembly finds and declares that those municipalities adjacent to or surrounding river areas often lack critical tools to safely revive and redevelop environmentally-challenged properties that will stimulate economic revitalizat…

(65 ILCS 115/10-3) Sec. 10-3. Definitions. As used in this Act: "Department" means the Department of Commerce and Economic Opportunity. "River Edge Redevelopment Zone" means an area of the State certified by the Department as a River Edge Redevelopment Zone pursuant to this Act. …

(65 ILCS 115/10-4) Sec. 10-4. Qualifications for River Edge Redevelopment Zones. An area is qualified to become a zone if it: (1) is a contiguous area adjacent to or surrounding a river; (2) comprises a minimum of one half square mile and not more than 12 square miles, exclusive …

(65 ILCS 115/10-5) Sec. 10-5. Initiation of River Edge Redevelopment Zones by Municipality. (a) No area may be designated as a river edge redevelopment zone except pursuant to an initiating ordinance adopted in accordance with this Section. (b) A municipality may by ordinance des…

(65 ILCS 115/10-5.1) Sec. 10-5.1. Application to Department. A municipality that has adopted an ordinance designating an area as a river edge redevelopment zone shall make written application to the Department to have the proposed zone certified. The application shall include: (1…

(65 ILCS 115/10-5.2) Sec. 10-5.2. Department Review of River Edge Redevelopment Zone Applications. (a) All applications must be considered and acted upon by the Department no later than 180 days after being received by the Department. (b) Upon receipt of an application from a mun…

(65 ILCS 115/10-5.3) Sec. 10-5.3. Certification of River Edge Redevelopment Zones. (a) Approval of designated River Edge Redevelopment Zones shall be made by the Department by certification of the designating ordinance. The Department shall promptly issue a certificate for each z…

(65 ILCS 115/10-5.4) Sec. 10-5.4. Amendment and decertification of River Edge Redevelopment Zones. (a) The terms of a certified zone designating ordinance may be amended to: (1) alter the boundaries of the Zone; (2) expand, limit or repeal tax incentives or benefits provided in t…

(65 ILCS 115/10-5.4.1) Sec. 10-5.4.1. Adoption of tax increment financing. (a) If (i) a redevelopment project area is, will be, or has been created by a municipality under Division 74.4 of Article 11 of the Illinois Municipal Code, (ii) the redevelopment project area contains pro…

(65 ILCS 115/10-6) Sec. 10-6. Powers and duties of Department. (a) The Department shall administer this Act and shall have the following powers and duties: (1) To monitor the implementation of this Act and submit reports evaluating the effectiveness of the program and setting for…

(65 ILCS 115/10-8) Sec. 10-8. Zone Administration. The administration of a River Edge Redevelopment Zone shall be under the jurisdiction of the designating municipality. Each designating municipality shall, by ordinance, designate a Zone Administrator for the certified zones with…

(65 ILCS 115/10-9) Sec. 10-9. Notice of cessation of business operations. Any business located within the River Edge Redevelopment Zone that has received tax credits or exemptions, regulatory relief or any other benefits under this Act shall notify the Department and the municipa…

(65 ILCS 115/900-10) Sec. 900-10. Effective date. This Act takes effect upon becoming law. (Source: P.A. 94-1021, eff. 7-12-06.)

(65 ILCS 115/900-5) Sec. 900-5. Severability. The provisions of this Act are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 94-1021, eff. 7-12-06.)

(65 ILCS 125/1) Sec. 1. Short title. This Act may be cited as the Business Improvement District Law. (Source: P.A. 103-646, eff. 7-1-24.)

(65 ILCS 125/10) Sec. 10. Definitions. As used in this Act: "Activities" means services provided for the purpose of conferring benefit upon assessed owners of property located within a business improvement district, including, but not limited to: (1) promotion of events taking pl…

(65 ILCS 125/15) Sec. 15. District plan. (a) A business improvement district established under this Act is subject to and governed by a district plan, as may be amended as set forth in Section 60, and filed with the clerk. A district plan shall be prepared by the property owner o…

(65 ILCS 125/20) Sec. 20. Assessments and district charges. (a) Each district plan shall provide for an assessment levied upon property owners owning property within the business improvement district upon which district charges are based, except an assessment may not be levied ag…

(65 ILCS 125/25) Sec. 25. Boundaries of business improvement district. (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…

(65 ILCS 125/30) Sec. 30. Proposals to establish a business improvement district. (a) To propose a business improvement district, a written petition satisfying the requirements of Section 75 shall be filed with the clerk and shall include the name and legal status of the filing p…

(65 ILCS 125/35) Sec. 35. Resolution of intent to consider establishment of a business improvement district. After receiving a verified petition from the clerk, the governing body shall, within 90 days, adopt a resolution of intention to consider the establishment of a business i…

(65 ILCS 125/40) Sec. 40. Establishment. (a) Within 30 days after the public hearing to consider establishment of a business improvement district, the party who filed the district plan with the clerk may modify the district plan, including to satisfy any applicable legal requirem…

(65 ILCS 125/45) Sec. 45. Activities and improvements. (a) Upon establishment of a business improvement district, the municipality or county collector may levy and collect the district charge pursuant to Section 20 as allowed by the district plan and the ordinance adopting the di…

(65 ILCS 125/5) Sec. 5. Purpose. The General Assembly finds that it is in the interest of the State of Illinois to promote the economic revitalization and physical maintenance of business districts in order to create jobs, attract new businesses, retain existing businesses, incre…

(65 ILCS 125/50) Sec. 50. Governance. (a) The board of directors of a business improvement district shall be established as a not-for-profit corporation subject to all applicable State and federal laws or regulations. (b) The bylaws of a board of directors of a business improveme…

(65 ILCS 125/55) Sec. 55. Term; renewal. (a) The initial term for a business improvement district shall be a maximum of 5 years. Any business improvement district may be renewed one or more times by following the procedures for renewal as provided in the district plan if each pro…

(65 ILCS 125/60) Sec. 60. Amendments. (a) Only upon the written request of the board of directors of a business improvement district may the governing body amend the ordinance adopting the district plan upon which the establishment or renewal of the business improvement district …

(65 ILCS 125/65) Sec. 65. Reports. (a) The board of directors of a business improvement district or the district management association, whichever may be applicable, shall prepare or have prepared a report for each fiscal year, except the first fiscal year, for which district cha…