IL SB1601 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Bipartisan Bill
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 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.
Title
ENTERPRISE ZONE-EXTEND 20 YRS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | Senate | Session Sine Die |
2011-03-31 | Senate | Added as Chief Co-Sponsor Sen. Pamela J. Althoff |
2011-03-18 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2011-03-09 | Senate | Postponed - Local Government |
2011-03-02 | Senate | Assigned to Local Government |
2011-02-09 | Senate | Referred to Assignments |
2011-02-09 | Senate | First Reading |
2011-02-09 | Senate | Filed with Secretary by Sen. Michael W. Frerichs |
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=1601&GAID=11&DocTypeID=SB&SessionID=84&GA=97 |
Text | https://www.ilga.gov/legislation/97/SB/09700SB1601.htm |