Bill Status of HB 5834   97th General Assembly

Short Description:  ENTERPRISE ZONE-EXTEND 20 YRS

House Sponsors
Rep. Richard Morthland

Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 655/5.3from Ch. 67 1/2, par. 608
35 ILCS 120/1ffrom Ch. 120, par. 440f
220 ILCS 5/9-222.1from Ch. 111 2/3, par. 9-222.1

Synopsis As Introduced
Amends the Illinois Enterprise Zone Act. Provides that an Enterprise Zone shall be extended for an additional 20 years upon application by the corporate authorities of the county or municipality that designated the Enterprise Zone. Amends the Retailers' Occupation Tax Act. Provides that exemptions granted under the Act for tangible personal property used or consumed in an Enterprise Zone may be in effect for not more than the term of the enterprise zone. Amends the Public Utilities Act and the Retailers' Occupation Tax Act to make conforming changes in provisions concerning tax exemptions for businesses located in Enterprise Zones. Effective immediately.

Actions 
DateChamber Action
  2/16/2012HouseFiled with the Clerk by Rep. Richard Morthland
  2/16/2012HouseFirst Reading
  2/16/2012HouseReferred to Rules Committee
  1/8/2013HouseSession Sine Die

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