IL HB5834 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
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.
Title
ENTERPRISE ZONE-EXTEND 20 YRS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | House | Session Sine Die |
2012-02-16 | House | Referred to Rules Committee |
2012-02-16 | House | First Reading |
2012-02-16 | House | Filed with the Clerk by Rep. Richard Morthland |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
20 | 655 | 5.3 | Amended Code | Citation Text |
220 | 5 | 9-222.1 | Amended Code | Citation Text |
35 | 120 | 1f | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5834&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
Text | https://www.ilga.gov/legislation/97/HB/09700HB5834.htm |