Illinois Statutes

§ 11-74.4-3.5

Illinois § 11-74.4-3.5
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 5/Illinois Municipal Code.
Art.Art 11 prec Div 74.2 - Commercial Blight Areas

This text of Illinois § 11-74.4-3.5 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
65 Ill. Comp. Stat. 11-74.4-3.5 (2026).

Text

(Text of Section from P.A. 104-322) Sec. 11-74.4-3.5. Completion dates for redevelopment projects.

(a)Unless otherwise stated in this Section, the estimated dates of completion of the redevelopment project and retirement of obligations issued to finance redevelopment project costs (including refunding bonds under Section 11-74.4-7) may not be later than December 31 of the year in which the payment to the municipal treasurer, as provided in subsection (b) of Section 11-74.4-8 of this Act, is to be made with respect to ad valorem taxes levied in the 23rd calendar year after the year in which the ordinance approving the redevelopment project area was adopted if the ordinance was adopted on or after January 15, 1981. (a-5) If the redevelopment project area is located within a transit facility

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Legislative History

(Source: P.A. 103-315, eff. 7-28-23; 103-575, eff. 12-8-23; 103-1016, eff. 8-9-24; 103-1058, eff. 12-31-24; 104-452, eff. 12-12-25.)

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Bluebook (online)
Illinois § 11-74.4-3.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/11-74.4-3.5.