Fabio
130 lines
8.6 KiB
Markdown
130 lines
8.6 KiB
Markdown
---
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type: "Bill"
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title: "MUNICIPAL CODE-TIF REPORTING"
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description: "Amends the Illinois Municipal Code. Provides that a municipality reporting Tax Increment Financing information shall additionally report to the Comptroller: (1) the number of jobs, aspirational or otherwise, if any, projected to be created for each redevelopment project area at the time of approval of the redevelopment agreement; (2) the number of jobs, if any, created as a result of the development under the same guidelines and assumptions as was used for the projections used at the time of approval of the redevelopment agreement to date for that reporting period; (3) the amount of increment projected to be created at the time of approval of the redevelopment agreement for each redevelopment project area; (4) the amount of increment created as a result of the development to date for that reporting period using the same assumptions as was used for the projections used at the time of approval of the redevelopment agreement; and (5) the stated rate of return identified by the developer to the municipality for each redevelopment project area, if any. In provisions requiring a municipality to report an analysis prepared by a financial advisor or underwriter, provides that the advisor or underwriter shall be chosen by the municipality and that analysis shall additionally include actual debt service."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "102nd"
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identifier: "HB 571"
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citation: "Illinois HB 571 (102nd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Ann Gillespie", "Jonathan Carroll"]
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version_count: 4
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action_count: 50
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vote_count: 2
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first_action: "2021-02-03"
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last_action: "2021-07-23"
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source: "openstates"
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source_identifier: "ocd-bill/7ef132db-78b9-43ca-9d39-e6b18ad512ea"
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source_url: "https://ilga.gov/legislation/BillStatus.asp?DocNum=571&GAID=16&DocTypeID=HB&LegId=128649&SessionID=110&GA=102"
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source_hash: "c3b4fff43b814ae653debe19e61d17c141f552214810845e584d627d9a318b8e"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 571 (102nd) — MUNICIPAL CODE-TIF REPORTING
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Amends the Illinois Municipal Code. Provides that a municipality reporting Tax Increment Financing information shall additionally report to the Comptroller: (1) the number of jobs, aspirational or otherwise, if any, projected to be created for each redevelopment project area at the time of approval of the redevelopment agreement; (2) the number of jobs, if any, created as a result of the development under the same guidelines and assumptions as was used for the projections used at the time of approval of the redevelopment agreement to date for that reporting period; (3) the amount of increment projected to be created at the time of approval of the redevelopment agreement for each redevelopment project area; (4) the amount of increment created as a result of the development to date for that reporting period using the same assumptions as was used for the projections used at the time of approval of the redevelopment agreement; and (5) the stated rate of return identified by the developer to the municipality for each redevelopment project area, if any. In provisions requiring a municipality to report an analysis prepared by a financial advisor or underwriter, provides that the advisor or underwriter shall be chosen by the municipality and that analysis shall additionally include actual debt service.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB0571.pdf)
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2. **Engrossed** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB0571eng.pdf)
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3. **House Amendment 001** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB0571ham001.pdf)
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4. **Enrolled** (enrolled) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB0571enr.pdf)
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## Votes
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- Third Reading — **56–0** (pass) · upper
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- Third Reading — **114–1** (pass) · lower
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## Sponsors
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- Ann Gillespie — primary (person)
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- Jonathan Carroll — primary (person)
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- Andrew S. Chesney — cosponsor (person)
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- Angelica Guerrero-Cuellar — cosponsor (person)
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- Blaine Wilhour — cosponsor (person)
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- Deb Conroy — cosponsor (person)
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- Doris Turner — cosponsor (person)
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- John Connor — cosponsor (person)
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- Julie A. Morrison — cosponsor (person)
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- Karina Villa — cosponsor (person)
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- LaToya Greenwood — cosponsor (person)
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- Laura Fine — cosponsor (person)
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- Laura M. Murphy — cosponsor (person)
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- Mark L. Walker — cosponsor (person)
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- Maurice A. West, II — cosponsor (person)
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- Meg Loughran Cappel — cosponsor (person)
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- Michael Halpin — cosponsor (person)
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- Michael J. Zalewski — cosponsor (person)
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- Robyn Gabel — cosponsor (person)
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- Tony McCombie — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-02-03** Filed with the Clerk by Rep. Jonathan Carroll `filing`
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- **2021-02-08** First Reading `reading-1`
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- **2021-02-08** Referred to Rules Committee `referral-committee`
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- **2021-03-02** Assigned to Revenue & Finance Committee `referral-committee`
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- **2021-03-05** House Committee Amendment No. 1 Filed with Clerk by Rep. Jonathan Carroll `amendment-introduction`
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- **2021-03-05** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2021-03-11** House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
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- **2021-03-11** To Property Tax Subcommittee
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- **2021-03-25** Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000 `committee-passage`
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- **2021-03-25** Reported Back To Revenue & Finance Committee;
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- **2021-03-25** House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote `amendment-passage`
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- **2021-03-25** Do Pass as Amended / Short Debate Revenue & Finance Committee; 018-000-000 `committee-passage`
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- **2021-04-08** Placed on Calendar 2nd Reading - Short Debate
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- **2021-04-09** Added Co-Sponsor Rep. Michael Halpin
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- **2021-04-15** Added Co-Sponsor Rep. Robyn Gabel
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- **2021-04-20** Added Co-Sponsor Rep. Tony McCombie
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- **2021-04-20** Added Co-Sponsor Rep. Deb Conroy
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- **2021-04-20** Added Chief Co-Sponsor Rep. Michael J. Zalewski
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- **2021-04-20** Added Chief Co-Sponsor Rep. LaToya Greenwood
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- **2021-04-20** Second Reading - Short Debate `reading-2`
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- **2021-04-20** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2021-04-21** Third Reading - Short Debate - Passed 114-001-001 `passage, reading-3`
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- **2021-04-21** Added Co-Sponsor Rep. Blaine Wilhour
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- **2021-04-21** Added Co-Sponsor Rep. Andrew S. Chesney
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- **2021-04-21** Added Co-Sponsor Rep. Maurice A. West, II
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- **2021-04-21** Added Co-Sponsor Rep. Angelica Guerrero-Cuellar
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- **2021-04-21** Added Co-Sponsor Rep. Mark L. Walker
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- **2021-04-21** Arrive in Senate `introduction`
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- **2021-04-21** Placed on Calendar Order of First Reading April 22, 2021 `reading-1`
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- **2021-04-22** Chief Senate Sponsor Sen. Ann Gillespie
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- **2021-04-22** First Reading `reading-1`
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- **2021-04-22** Referred to Assignments `referral-committee`
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- **2021-04-28** Assigned to Revenue `referral-committee`
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- **2021-05-06** Do Pass Revenue; 009-000-000 `committee-passage`
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- **2021-05-06** Placed on Calendar Order of 2nd Reading May 10, 2021
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- **2021-05-11** Added as Alternate Chief Co-Sponsor Sen. Doris Turner
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- **2021-05-13** Second Reading `reading-2`
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- **2021-05-13** Placed on Calendar Order of 3rd Reading May 14, 2021
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- **2021-05-18** Added as Alternate Chief Co-Sponsor Sen. Julie A. Morrison
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- **2021-05-18** Added as Alternate Chief Co-Sponsor Sen. Laura Fine
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- **2021-05-18** Added as Alternate Chief Co-Sponsor Sen. Laura M. Murphy
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- **2021-05-28** Added as Alternate Co-Sponsor Sen. Karina Villa
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- **2021-05-28** Third Reading - Passed; 056-000-000 `passage, reading-3`
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- **2021-05-28** Passed Both Houses
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- **2021-05-28** Added as Alternate Co-Sponsor Sen. Meg Loughran Cappel
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- **2021-05-28** Added as Alternate Co-Sponsor Sen. John Connor
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- **2021-06-25** Sent to the Governor `executive-receipt`
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- **2021-07-23** Governor Approved `executive-signature`
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- **2021-07-23** Effective Date July 23, 2021
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- **2021-07-23** Public Act . . . . . . . . . 102-0127 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7ef132db-78b9-43ca-9d39-e6b18ad512ea`. Confidence: reported (aggregated from official Illinois legislature records).
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