State of Illinois
90th General Assembly
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90_HB2901

      20 ILCS 655/5.3           from Ch. 67 1/2, par. 608
          Amends the Illinois Enterprise Zone Act.   Increases  the
      maximum  number  of years an enterprise zone may be in effect
      from 20 to 30.  Effective immediately.
                                                     LRB9009330KDks
                                               LRB9009330KDks
 1        AN ACT to amend  the  Illinois  Enterprise  Zone  Act  by
 2    changing Section 5.3.
 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:
 5        Section 5.  The Illinois Enterprise Zone Act  is  amended
 6    by changing Section 5.3 as follows:
 7        (20 ILCS 655/5.3) (from Ch. 67 1/2, par. 608)
 8        Sec.  5.3.  Certification  of Enterprise Zones; Effective
 9    date.
10        (a)  Approval of designated  Enterprise  Zones  shall  be
11    made  by  the  Department by certification of the designating
12    ordinance. The Department shall promptly issue a  certificate
13    for  each  Enterprise Zone upon its approval. The certificate
14    shall be signed by the Director of the Department, shall make
15    specific reference to the designating ordinance, which  shall
16    be  attached thereto, and shall be filed in the office of the
17    Secretary of State. A certified copy of the  Enterprise  Zone
18    Certificate,  or  a  duplicate  original  thereof,  shall  be
19    recorded  in the office of recorder of deeds of the county in
20    which the Enterprise Zone lies.
21        (b)  An Enterprise  Zone  shall  be  effective  upon  its
22    certification.  The  Department  shall transmit a copy of the
23    certification to  the  Department  of  Revenue,  and  to  the
24    designating municipality or county.
25        Upon  certification  of an Enterprise Zone, the terms and
26    provisions of the designating ordinance shall be  in  effect,
27    and  may not be amended or repealed except in accordance with
28    Section 5.4.
29        (c)  An Enterprise Zone shall be  in  effect  for  30  20
30    calendar  years, or for a lesser number of years specified in
31    the certified designating ordinance. Enterprise  Zones  shall
                            -2-                LRB9009330KDks
 1    terminate  at  midnight  of December 31 of the final calendar
 2    year of the certified term, except  as  provided  in  Section
 3    5.4.
 4        (d)  No more than 12 Enterprise Zones may be certified by
 5    the  Department  in  calendar  year  1984,  no  more  than 12
 6    Enterprise Zones  may  be  certified  by  the  Department  in
 7    calendar  year  1985, no more than 13 Enterprise Zones may be
 8    certified by the Department in calendar year  1986,  no  more
 9    than  15  Enterprise Zones may be certified by the Department
10    in calendar year 1987, and no more than 20  Enterprise  Zones
11    may  be certified by the Department in calendar year 1990. In
12    other calendar years, no more than 13 Enterprise Zones may be
13    certified  by  the  Department.  The  Department   may   also
14    designate  up  to  8  additional Enterprise Zones outside the
15    regular  application  cycle  if  warranted  by  the   extreme
16    economic  circumstances as determined by the Department.  The
17    Department may also designate one additional Enterprise  Zone
18    outside   the   regular  application  cycle  if  an  aircraft
19    manufacturer  agrees  to  locate  an  aircraft  manufacturing
20    facility in the proposed  Enterprise  Zone.   Notwithstanding
21    any  other  provision of this Act, no more than 89 Enterprise
22    Zones may be certified by the Department for the 10  calendar
23    years commencing with 1983. The 7 additional Enterprise Zones
24    authorized   by   Public  Act  86-15  shall  not  lie  within
25    municipalities or unincorporated areas of counties that  abut
26    or  are  contiguous to Enterprise Zones certified pursuant to
27    this Section prior  to  June  30,  1989.   The  7  additional
28    Enterprise  Zones  (excluding  the additional Enterprise Zone
29    which may  be  designated  outside  the  regular  application
30    cycle)  authorized by Public Act 86-1030 shall not lie within
31    municipalities or unincorporated areas of counties that  abut
32    or  are  contiguous to Enterprise Zones certified pursuant to
33    this Section prior to February  28,  1990.  In  any  calendar
34    year,  the  Department  may  not  certify  more  than 3 Zones
                            -3-                LRB9009330KDks
 1    located within the  same  municipality.  The  Department  may
 2    certify  Enterprise  Zones  in  each of the 10 calendar years
 3    commencing with 1983. The Department  may  not  certify  more
 4    than  a  total of 18 Enterprise Zones located within the same
 5    county   (whether    within    municipalities    or    within
 6    unincorporated   territory)   for   the   10  calendar  years
 7    commencing with 1983.  Thereafter,  the  Department  may  not
 8    certify  any  additional  Enterprise Zones, but may amend and
 9    rescind  certifications  of  existing  Enterprise  Zones   in
10    accordance with Section 5.4.
11    (Source: P.A.   86-15;  86-1030;  86-1175;  86-1456;  87-435;
12    87-1177.)
13        Section 99.  Effective date.  This Act takes effect  upon
14    becoming law.

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