Illinois 2025-2026 Regular Session

Illinois House Bill HB1142

Introduced
1/9/25  
Refer
1/9/25  
Refer
2/11/25  

Caption

TIF DISTRICTS-REFERENDUM

Impact

In adapting these regulations, HB1142 modifies existing processes for public notice and participation. It mandates that all voters in the affected taxing districts be notified about the redevelopment project area, utilizing multiple communication methods, including publication, mailing, and postings on municipal websites. These legislative requirements are crafted to keep community stakeholders informed and promote accountable governance in municipal redevelopment strategies. Alongside the modifications to notification procedures, the bill requires the ordinance to delineate the projected impact of the redevelopment area on local taxes, which could influence financial planning within the taxing districts.

Summary

House Bill 1142 amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. The bill establishes that before adopting an ordinance to approve a redevelopment project area, such approval must be obtained through a referendum conducted among the voters of affected taxing districts. This requirement aims to enhance democratic engagement and ensure that local residents have a say in significant redevelopment decisions that impact their communities. The bill also outlines the specific requirements for the ordinance or resolution proposing the redevelopment project area, ensuring transparency in the submission and language utilized for the referendum.

Contention

A central point of contention surrounding HB1142 involves the tension between local control and state oversight. Proponents argue that introducing a voter referendum empowers residents by giving them a direct role in local economic developments, aligning with the principles of governing through the consent of the governed. Conversely, opponents may view this requirement as cumbersome or an impediment to timely development efforts. Critics argue that such referenda could delay necessary developments and place additional burdens on municipalities already struggling with resource allocation. These concerns highlight the ongoing debate on the balance of authority between municipalities and the need for community input in planning reformation.

Companion Bills

No companion bills found.

Similar Bills

IL SB1832

MUNI-TIF-BLIGHTED HOMES

IN HB1561

Tax increment financing.

NJ S3097

Modifies requirements for certain projects under Economic Redevelopment and Growth Grant program.

MO SB808

Modifies provisions relating to economic development

SC H3333

Tax Increment Financing

IL SB1432

MUNI CD-TIF SURPLUS FUNDS

IL SB0085

TIF EXTENSION RESTRICTIONS

SC S0190

Military Base TIF