New Law Aims to Make Job Creation and Increment Progress Public for TIF Districts
A bill signed by Governor J.B. Pritzker seeks to provide more information about the actual performance of Tax Increment Financing (“TIF”) districts. In late July, Governor Pritzker signed House Bill 571, which was written by Rep. Jonathan Carroll, a Democrat from Northbrook, and sponsored by Sen. Ann Gillespie, a Democrat from Arlington Heights. The bill [...]