Sec. 40. Limitation on number of economic development project areas.
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/il/chapter-65/act-110/40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 40. Limitation on number of economic development project areas. No municipality shall be authorized under this Act to establish economic development project areas and to adopt tax increment allocation financing for those areas later than 60 months following the effective date of this Act.