Act 620 - ECONOMIC DEVELOPMENT AREA TAX INCREMENT ALLOCATION ACT
- Section 20 ILCS 620/1 - Short title
- Section 20 ILCS 620/2 - Legislative declaration of public purpose
- Section 20 ILCS 620/3 - Definitions
- Section 20 ILCS 620/4 - Establishment of economic development project areas; ordinance; notice; hearing; changes in economic development plan
- Section 20 ILCS 620/4.5 - Recapture
- Section 20 ILCS 620/4.7 - Municipal reports
- Section 20 ILCS 620/5 - Submission to Department; certification by Department; limitation on number of permissible economic development project areas
- Section 20 ILCS 620/6 - Filing with county clerk; certification of initial equalized assessed value
- Section 20 ILCS 620/7 - Creation of special tax allocation fund
- Section 20 ILCS 620/8 - Issuance of obligations for economic development project costs
- Section 20 ILCS 620/8a - Cancellation and repayment of tax benefits
- Section 20 ILCS 620/9 - Powers of municipalities
- Section 20 ILCS 620/9.5 - Eminent Domain
- Section 20 ILCS 620/10 - Conflicts of interest; disclosure
- Section 20 ILCS 620/11 - Payment of project costs; revenues from governmental property