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| | SB1251 Engrossed | | LRB098 08116 OMW 38207 b |
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1 | | AN ACT concerning local government.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Central Illinois
Economic Development |
5 | | Authority
Act is amended by adding Section 75 as follows:
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6 | | (70 ILCS 504/75 new) |
7 | | Sec. 75. Enterprise zones. The Authority may by ordinance |
8 | | designate a portion of the territorial jurisdiction of the |
9 | | Authority for certification as an Enterprise Zone under the |
10 | | Illinois Enterprise Zone Act in addition to any other |
11 | | enterprise zones that may be created under that Act, which area |
12 | | shall have all the privileges and rights of an Enterprise Zone |
13 | | pursuant to the Illinois Enterprise Zone Act, but that shall |
14 | | not be counted in determining the number of Enterprise Zones to |
15 | | be created in any year pursuant to that Act.
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16 | | Section 99. Effective date. This Act takes effect upon |
17 | | becoming law.
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