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Illinois Gov signs reform to tax increment financing law
Gov George Ryan signed a reform bill addressing TIF districts amid controversy over what areas qualify, how funds are spent, and who is involved. The measure tightens district definitions, expands taxing bodies’ oversight, and requires school districts to be reimbursed for students from TIF towns like Willow Springs.
MENTIONED IN THIS ARTICLE
Gov. Ryan
George Ryan
Willow Springs
Ryan
Metra
Town Center
State of
Illinois
Radogna
Tricts
TIF
Argo
Don Eslick
Illinois Tax Increment Financing District Association