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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 SB3154 Introduced 2/1/2012, by Sen. David S. Luechtefeld SYNOPSIS AS INTRODUCED: |
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20 ILCS 655/4 | from Ch. 67 1/2, par. 604 |
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Amends the Illinois Enterprise Zone Act. Provides that an area that is located within the jurisdiction of 5 or more municipalities and located in a county in which a military base is located on the effective date of the amendatory Act is qualified to be designated as an enterprise zone if the total area comprises a minimum of one-half square mile and not more than 16 square miles (instead of 12 square miles) in total area, exclusive of lakes and waterways, and meets all other criteria for eligibility. Effective immediately.
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| | FISCAL NOTE ACT MAY APPLY | | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
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| | SB3154 | | LRB097 17612 HLH 62819 b |
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1 | | AN ACT concerning revenue.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Enterprise Zone Act is amended by |
5 | | changing Section 4 as follows:
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6 | | (20 ILCS 655/4) (from Ch. 67 1/2, par. 604)
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7 | | Sec. 4. Qualifications for Enterprise Zones. (1) An area is |
8 | | qualified to become an enterprise zone which:
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9 | | (a) is a contiguous area, provided that a zone area may |
10 | | exclude wholly
surrounded territory within its boundaries;
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11 | | (b) comprises a minimum of one-half square mile and not |
12 | | more than 12
square miles, or 15 square miles if the zone is |
13 | | located within the
jurisdiction of 4 or more counties or |
14 | | municipalities, in total area,
exclusive of lakes and |
15 | | waterways;
however, in such cases where the enterprise zone is |
16 | | a joint effort of
three or more units of government, or two or |
17 | | more units of government if
situated in a township which is |
18 | | divided by a municipality of 1,000,000 or
more inhabitants, and |
19 | | where the certification has been in
effect at least one year, |
20 | | the total area shall comprise a minimum of
one-half square mile |
21 | | and not more than thirteen square miles in total area
exclusive |
22 | | of lakes and waterways; however, if the enterprise zone is |
23 | | located within the jurisdiction of 5 or more municipalities and |