Bill Text: IL SB2475 | 2017-2018 | 100th General Assembly | Introduced
Bill Title: Amends the River Edge Redevelopment Zone Act. Provides that, on and after the effective date, the Department of Commerce and Economic Opportunity may certify as a River Edge Redevelopment Zone any area that meets the qualifications set forth in the Act.
Sponsorship: Partisan Bill (Republican 1)
Status: (Failed) 2019-01-09 - Session Sine Die [SB2475 Detail]
Download: Illinois-2017-SB2475-Introduced.html
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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 River Edge Redevelopment Zone Act is amended | |||||||||||||||||||
| 5 | by changing Section 10-5.3 as follows:
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| 6 | (65 ILCS 115/10-5.3)
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| 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 be | |||||||||||||||||||
| 15 | 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 upon | |||||||||||||||||||
| 22 | its certification. The Department shall transmit a copy of the | |||||||||||||||||||
| 23 | certification to the Department of Revenue, and to the | |||||||||||||||||||
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| 1 | designating municipality.
Upon certification of a River Edge | ||||||
| 2 | Redevelopment Zone, the terms and provisions of the designating | ||||||
| 3 | ordinance shall be in effect, and may not be amended or | ||||||
| 4 | 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 pilot | ||||||
| 16 | River Edge Redevelopment Zone in the City of Elgin. | ||||||
| 17 | On or after July 28, 2011 (the effective date of Public Act | ||||||
| 18 | 97-203) this amendatory Act of the 97th General Assembly, the | ||||||
| 19 | Department may certify one additional pilot River Edge | ||||||
| 20 | Redevelopment Zone in the City of Peoria. | ||||||
| 21 | On or after the effective date of this amendatory Act of | ||||||
| 22 | the 100th General Assembly, the Department may certify as a | ||||||
| 23 | River Edge Redevelopment Zone any area that meets the | ||||||
| 24 | qualifications set forth in this Act. | ||||||
| 25 | Thereafter the Department may not certify any additional | ||||||
| 26 | River Edge Redevelopment Zones, but may amend and rescind | ||||||
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| 1 | certifications of existing River Edge Redevelopment Zones in | ||||||
| 2 | accordance with Section 10-5.4, except that no River Edge | ||||||
| 3 | Redevelopment Zone may be extended on or after the effective | ||||||
| 4 | date of this amendatory Act of the 97th General Assembly. | ||||||
| 5 | (d-5) Each River Edge Redevelopment Zone in existence on | ||||||
| 6 | August 7, 2012 (the effective date of Public Act 97-905) this | ||||||
| 7 | amendatory Act of the 97th General Assembly shall continue | ||||||
| 8 | until its scheduled termination under this Act, unless the Zone | ||||||
| 9 | is decertified sooner. At the time of its term expiration each | ||||||
| 10 | River Edge Redevelopment Zone in existence on August 7, 2012 | ||||||
| 11 | (the effective date of Public Act 97-905) will become an open | ||||||
| 12 | enterprise zone, available for the previously designated area | ||||||
| 13 | or a different area to compete for designation as an enterprise | ||||||
| 14 | zone. No preference for designation as a Zone will be given to | ||||||
| 15 | the previously designated area. | ||||||
| 16 | (e) A municipality in which a River Edge Redevelopment Zone | ||||||
| 17 | has been certified must submit to the Department, within 60 | ||||||
| 18 | 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 a | ||||||
| 26 | veteran as defined in subsection (h) of Section 1491 of Title | ||||||
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| 1 | 10 of the United States Code.
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| 2 | (Source: P.A. 100-391, eff. 8-25-17.)
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