Full Text of SB3676 103rd General Assembly
SB3676 103RD GENERAL ASSEMBLY | | | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 SB3676 Introduced 2/9/2024, by Sen. Jil Tracy SYNOPSIS AS INTRODUCED: | | | Amends the River Edge Redevelopment Zone Act. Provides that the Department of Commerce and Economic Opportunity may certify one additional pilot River Edge Redevelopment Zone in the City of Quincy. |
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| | A BILL FOR |
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| 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 |
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| 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the terms and provisions of the | 3 | | designating ordinance shall be in effect, and may not be | 4 | | amended or repealed except in accordance with Section 10-5.4.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 | | On or after the effective date of this amendatory Act of | 26 | | the 103rd General Assembly, the Department may certify one |
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| 1 | | additional pilot River Edge Redevelopment Zone in the City of | 2 | | Quincy. | 3 | | After certifying the additional pilot River Edge | 4 | | Redevelopment Zones authorized by the above paragraphs, the | 5 | | Department may not certify any additional River Edge | 6 | | Redevelopment Zones, but it may amend and rescind | 7 | | certifications of existing River Edge Redevelopment Zones in | 8 | | accordance with Section 10-5.4, except that no River Edge | 9 | | Redevelopment Zone may be extended on or after the effective | 10 | | date of this amendatory Act of the 97th General Assembly. Each | 11 | | River Edge Redevelopment Zone in existence on the effective | 12 | | date of this amendatory Act of the 97th General Assembly shall | 13 | | continue until its scheduled termination under this Act, | 14 | | unless the Zone is decertified sooner. At the time of its term | 15 | | expiration each River Edge Redevelopment Zone will become an | 16 | | open enterprise zone, available for the previously designated | 17 | | area or a different area to compete for designation as an | 18 | | enterprise zone. No preference for designation as a Zone will | 19 | | be given to the previously designated area. | 20 | | (e) A municipality in which a River Edge Redevelopment | 21 | | Zone has been certified must submit to the Department, within | 22 | | 60 days after the certification, a plan for encouraging the | 23 | | participation by minority persons, women, persons with | 24 | | disabilities, and veterans in the zone. The Department may | 25 | | assist the municipality in developing and implementing the | 26 | | plan. The terms "minority person", "woman", and "person with a |
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| 1 | | disability" have the meanings set forth under Section 2 of the | 2 | | Business Enterprise for Minorities, Women, and Persons with | 3 | | Disabilities Act. "Veteran" means an Illinois resident who is | 4 | | a veteran as defined in subsection (h) of Section 1491 of Title | 5 | | 10 of the United States Code. | 6 | | (Source: P.A. 103-9, eff. 6-7-23.) |
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