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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, |
3 | | represented in the General Assembly:
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4 | | Section 3. 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. |
8 | | (1) An area is qualified to become an enterprise zone |
9 | | which:
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10 | | (a) is a contiguous area, provided that a zone area may |
11 | | exclude wholly
surrounded territory within its boundaries;
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12 | | (b) comprises a minimum of one-half square mile and not |
13 | | more than 12
square miles, or 15 square miles if the zone |
14 | | is located within the
jurisdiction of 4 or more counties or |
15 | | municipalities, in total area,
exclusive of lakes and |
16 | | waterways;
however, in such cases where the enterprise zone |
17 | | is a joint effort of
three or more units of government, or |
18 | | two or more units of government if
situated in a township |
19 | | which is divided by a municipality of 1,000,000 or
more |
20 | | inhabitants, and where the certification has been in
effect |
21 | | at least one year, the total area shall comprise a minimum |
22 | | of
one-half square mile and not more than thirteen square |
23 | | miles in total area
exclusive of lakes and waterways;
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1 | | (c) (blank);
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2 | | (d) (blank);
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3 | | (e) is (1) entirely within a municipality or (2) |
4 | | entirely within
the unincorporated
areas of a county, |
5 | | except where reasonable need is established for such
zone |
6 | | to cover portions of more than one municipality or county |
7 | | or (3)
both comprises (i) all or part of a municipality and |
8 | | (ii) an unincorporated
area of a county; and
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9 | | (f) meets 3 or more of the following criteria: |
10 | | (1) all or part of the local labor market area has |
11 | | had an annual average unemployment rate of at least |
12 | | 120% of the State's annual average unemployment rate |
13 | | for the most recent calendar year or the most recent |
14 | | fiscal year as reported by the Department of Employment |
15 | | Security; |
16 | | (2) designation will result in the development of |
17 | | substantial employment opportunities by creating or |
18 | | retaining a minimum aggregate of 1,000 full-time |
19 | | equivalent jobs due to an aggregate investment of |
20 | | $100,000,000 or more, and will help alleviate the |
21 | | effects of poverty and unemployment within the local |
22 | | labor market area; |
23 | | (3) all or part of the local labor market area has |
24 | | a poverty rate of at least 20% according to the latest |
25 | | federal decennial census, 50% or more of children in |
26 | | the local labor market area participate in the federal |
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1 | | free lunch program according to reported statistics |
2 | | from the State Board of Education, or 20% or more |
3 | | households in the local labor market area receive food |
4 | | stamps according to the latest federal decennial |
5 | | census; |
6 | | (4) an abandoned coal mine , or a brownfield (as |
7 | | defined in Section 58.2 of the Environmental |
8 | | Protection Act) , or an inactive nuclear powered |
9 | | electrical generation facility where spent nuclear |
10 | | fuel is stored on-site is located in the proposed zone |
11 | | area, or all or a portion of the proposed zone was |
12 | | declared a federal disaster area in the 3 years |
13 | | preceding the date of application; |
14 | | (5) the local labor market area contains a presence |
15 | | of large employers that have downsized over the years, |
16 | | the labor market area has experienced plant closures in |
17 | | the 5 years prior to the date of application affecting |
18 | | more than 50 workers, or the local labor market area |
19 | | has experienced State or federal facility closures in |
20 | | the 5 years prior to the date of application affecting |
21 | | more than 50 workers; |
22 | | (6) based on data from Multiple Listing Service |
23 | | information or other suitable sources, the local labor |
24 | | market area contains a high floor vacancy rate of |
25 | | industrial or commercial properties, vacant or |
26 | | demolished commercial and industrial structures are |
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1 | | prevalent in the local labor market area, or industrial |
2 | | structures in the local labor market area are not used |
3 | | because of age, deterioration, relocation of the |
4 | | former occupants, or cessation of operation; |
5 | | (7) the applicant demonstrates a substantial plan |
6 | | for using the designation to improve the State and |
7 | | local government tax base, including income, sales, |
8 | | and property taxes; |
9 | | (8) significant public infrastructure is present |
10 | | in the local labor market area in addition to a plan |
11 | | for infrastructure development and improvement; |
12 | | (9) high schools or community colleges located |
13 | | within the local labor market area are engaged in ACT |
14 | | Work Keys, Manufacturing Skills Standard |
15 | | Certification, or other industry-based credentials |
16 | | that prepare students for careers; or |
17 | | (10) the change in equalized assessed valuation of |
18 | | industrial and/or commercial properties in the 5 years |
19 | | prior to the date of application is equal to or less |
20 | | than 50% of the State average change in equalized |
21 | | assessed valuation for industrial and/or commercial |
22 | | properties, as applicable, for the same period of time. |
23 | | As provided in Section 10-5.3 of the River Edge |
24 | | Redevelopment Zone Act, upon the expiration of the term of each |
25 | | River Edge Redevelopment Zone in existence on the effective |
26 | | date of this amendatory Act of the 97th General Assembly, that |
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1 | | River Edge Redevelopment Zone will become available for its |
2 | | previous designee or a new applicant to compete for designation |
3 | | as an enterprise zone. No preference for designation will be |
4 | | given to the previous designee of the zone. |
5 | | (2) Any criteria established by the Department or by law |
6 | | which utilize the rate
of unemployment for a particular area |
7 | | shall provide that all persons who
are not presently employed |
8 | | and have exhausted all unemployment benefits
shall be |
9 | | considered unemployed, whether or not such persons are actively
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10 | | seeking employment.
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11 | | (Source: P.A. 97-905, eff. 8-7-12.)
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12 | | Section 99. Effective date. This Act takes effect upon |
13 | | becoming law. |