HB 4335
Tif-veteran organizations
Tif-Veteran Organizations
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- Passed House
- Passed Senate
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- Became Law
Bill overview
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that "redevelopment project costs" includes, among other things, costs of operations, infrastructure, and programming of not-for-profit veterans and military organizations located within the redevelopment project area, including organizations designated as tax-exempt organizations under Section 501(c)(19) of the federal Internal Revenue Code.
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