Bill Text: IL SB1407 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the River Edge Redevelopment Zone Act. Provides that the Department of Commerce and Economic Opportunity may certify 2 additional pilot River Edge Redevelopment Zone in the City of Joliet and the City of Kankakee. Makes conforming changes. Effective immediately.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced) 2023-05-18 - Added as Co-Sponsor Sen. Rachel Ventura [SB1407 Detail]
Download: Illinois-2023-SB1407-Introduced.html
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
1 | AN ACT concerning local government.
| |||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois,
| |||||||||||||||||||
3 | represented in the General Assembly:
| |||||||||||||||||||
4 | Section 5. The River Edge Redevelopment Zone Act is | |||||||||||||||||||
5 | amended by changing Section 10-5.3 as follows:
| |||||||||||||||||||
6 | (65 ILCS 115/10-5.3)
| |||||||||||||||||||
7 | Sec. 10-5.3. Certification of River Edge Redevelopment | |||||||||||||||||||
8 | Zones. | |||||||||||||||||||
9 | (a) Approval of designated River Edge Redevelopment Zones | |||||||||||||||||||
10 | shall be made by the Department by certification of the | |||||||||||||||||||
11 | designating ordinance. The Department shall promptly issue a | |||||||||||||||||||
12 | certificate for each zone upon its approval. The certificate | |||||||||||||||||||
13 | shall be signed by the Director of the Department, shall make | |||||||||||||||||||
14 | specific reference to the designating ordinance, which shall | |||||||||||||||||||
15 | be attached thereto, and shall be filed in the office of the | |||||||||||||||||||
16 | Secretary of State. A certified copy of the River Edge | |||||||||||||||||||
17 | Redevelopment Zone Certificate, or a duplicate original | |||||||||||||||||||
18 | thereof, shall be recorded in the office of the recorder of | |||||||||||||||||||
19 | deeds of the county in which the River Edge Redevelopment Zone | |||||||||||||||||||
20 | lies. | |||||||||||||||||||
21 | (b) A River Edge Redevelopment Zone shall be effective | |||||||||||||||||||
22 | upon its certification. The Department shall transmit a copy | |||||||||||||||||||
23 | of the certification to the Department of Revenue, and to the |
| |||||||
| |||||||
1 | designating municipality.
Upon certification of a River Edge | ||||||
2 | Redevelopment Zone, the terms and provisions of the | ||||||
3 | designating ordinance shall be in effect, and may not be | ||||||
4 | amended or repealed except in accordance with Section 10-5.4. | ||||||
5 | (c) A River Edge Redevelopment Zone shall be in effect for | ||||||
6 | the period stated in the certificate, which shall in no event | ||||||
7 | exceed 30 calendar years. Zones shall terminate at midnight of | ||||||
8 | December 31 of the final calendar year of the certified term, | ||||||
9 | except as provided in Section 10-5.4. | ||||||
10 | (d) In calendar years 2006 and 2007, the Department may | ||||||
11 | certify one pilot River Edge Redevelopment Zone in the City of | ||||||
12 | East St. Louis, one pilot River Edge Redevelopment Zone in the | ||||||
13 | City of Rockford, and one pilot River Edge Redevelopment Zone | ||||||
14 | in the City of Aurora. | ||||||
15 | In calendar year 2009, the Department may certify one | ||||||
16 | pilot River Edge Redevelopment Zone in the City of Elgin. | ||||||
17 | On or after the effective date of this amendatory Act of | ||||||
18 | the 97th General Assembly, the Department may certify one | ||||||
19 | additional pilot River Edge Redevelopment Zone in the City of | ||||||
20 | Peoria. | ||||||
21 | On or after the effective date of this amendatory Act of | ||||||
22 | the 103rd General Assembly, the Department may certify 2 | ||||||
23 | additional pilot River Edge Redevelopment Zones, including one | ||||||
24 | in the City of Joliet and one in the City of Kankakee. | ||||||
25 | After certifying the additional pilot River Edge | ||||||
26 | Redevelopment Zones authorized by the above paragraphs, |
| |||||||
| |||||||
1 | Thereafter the Department may not certify any additional River | ||||||
2 | Edge Redevelopment Zones, but it may amend and rescind | ||||||
3 | certifications of existing River Edge Redevelopment Zones in | ||||||
4 | accordance with Section 10-5.4, except that no River Edge | ||||||
5 | Redevelopment Zone may be extended on or after the effective | ||||||
6 | date of this amendatory Act of the 97th General Assembly. Each | ||||||
7 | River Edge Redevelopment Zone in existence on the effective | ||||||
8 | date of this amendatory Act of the 97th General Assembly shall | ||||||
9 | continue until its scheduled termination under this Act, | ||||||
10 | unless the Zone is decertified sooner. At the time of its term | ||||||
11 | expiration each River Edge Redevelopment Zone will become an | ||||||
12 | open enterprise zone, available for the previously designated | ||||||
13 | area or a different area to compete for designation as an | ||||||
14 | enterprise zone. No preference for designation as a Zone will | ||||||
15 | be given to the previously designated area. | ||||||
16 | (e) A municipality in which a River Edge Redevelopment | ||||||
17 | Zone has been certified must submit to the Department, within | ||||||
18 | 60 days after the certification, a plan for encouraging the | ||||||
19 | participation by minority persons, women, persons with | ||||||
20 | disabilities, and veterans in the zone. The Department may | ||||||
21 | assist the municipality in developing and implementing the | ||||||
22 | plan. The terms "minority person", "woman", and "person with a | ||||||
23 | disability" have the meanings set forth under Section 2 of the | ||||||
24 | Business Enterprise for Minorities, Women, and Persons with | ||||||
25 | Disabilities Act. "Veteran" means an Illinois resident who is | ||||||
26 | a veteran as defined in subsection (h) of Section 1491 of Title |
| |||||||
| |||||||
1 | 10 of the United States Code.
| ||||||
2 | (Source: P.A. 100-391, eff. 8-25-17.)
| ||||||
3 | Section 99. Effective date. This Act takes effect upon | ||||||
4 | becoming law.
|