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Neutral Bill Mar 16, 2026

TIF-VETERAN ORGANIZATIONS

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.

https://legiscan.com/IL/bill/HB4335/2025
Kevin Schmidt State Representative
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