Bill Text: IL SB1251 | 2013-2014 | 98th General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Amends the Central Illinois Economic Development Authority Act. Provides that the Authority may, by ordinance, designate certain territories as an Enterprise Zone under the Illinois Enterprise Zone Act in addition to any other enterprise zones that may be created under that Act. Provides that these designated territories shall have all the privileges and rights of an Enterprise Zone pursuant to the Illinois Enterprise Zone Act, but shall not be counted in determining the number of Enterprise Zones to be created in any year pursuant to that Act. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Failed) 2015-01-13 - Session Sine Die [SB1251 Detail]

Download: Illinois-2013-SB1251-Introduced.html

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98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 SB1251 Introduced 1/31/2013, by Sen. Andy Manar SYNOPSIS AS INTRODUCED:
70 ILCS 504/75 new
Amends the Central Illinois Economic Development Authority Act. Provides that the Authority may, by ordinance, designate certain territories as an Enterprise Zone under the Illinois Enterprise Zone Act in addition to any other enterprise zones that may be created under that Act. Provides that these designated territories shall have all the privileges and rights of an Enterprise Zone pursuant to the Illinois Enterprise Zone Act, but shall not be counted in determining the number of Enterprise Zones to be created in any year pursuant to that Act. Effective immediately.
LRB098 08116 OMW 38207 b
A BILL FOR
SB1251 LRB098 08116 OMW 38207 b
AN ACT concerning local government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Central Illinois Economic Development
Authority Act is amended by adding Section 75 as follows:
(70 ILCS 504/75 new)
Sec. 75. Enterprise zones. The Authority may by ordinance
designate a portion of the territorial jurisdiction of the
Authority for certification as an Enterprise Zone under the
Illinois Enterprise Zone Act in addition to any other
enterprise zones that may be created under that Act, which area
shall have all the privileges and rights of an Enterprise Zone
pursuant to the Illinois Enterprise Zone Act, but that shall
not be counted in determining the number of Enterprise Zones to
be created in any year pursuant to that Act.
Section 99. Effective date. This Act takes effect upon
becoming law.