SB 1601

  • Illinois Senate Bill
  • 97th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Enterprise Zone-Extend 20 Yrs

Abstract

Amends the Illinois Enterprise Zone Act. Provides that an Enterprise Zone may 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 50 (instead of 20) years. Amends the Public Utilities Act to make conforming changes in provisions concerning tax exemptions for businesses located in Enterprise Zones.

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Jan 08, 2013

Senate

Session Sine Die

Mar 31, 2011

Senate

Added as Chief Co-Sponsor Sen. Pamela J. Althoff

Mar 18, 2011

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 09, 2011

Senate

Postponed - Local Government

Mar 02, 2011

Senate

Assigned to Local Government

Feb 09, 2011

Senate

Filed with Secretary by Sen. Michael W. Frerichs

Senate

Referred to Assignments

Senate

First Reading

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