In CommitteeFiled Feb 6, 2026
Sponsor: Margaret A. DeLaRosa
Latest Action
Referred to Rules Committee
Feb 13, 2026
Summary
The bill amends the Illinois Municipal Code to allow the Village of Lisle more time to finish a redevelopment project approved on March 2, 2015 and to retire the bonds that fund it. By changing the statutory deadline, the village can push the project’s end date and bond repayment beyond the usual 23‑year limit. This helps ensure the project can be completed without violating state financing rules.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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