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 Bill Status of HB4220  100th General Assembly


Short Description:  ENTERPRISE ZONES-APPLICATIONS

House Sponsors
Rep. Avery Bourne and Daniel Swanson

Hearings
Sales and Other Taxes Subcommittee Hearing Mar 1 2018 9:33AM Capitol Building Room 122B Springfield, IL
Revenue & Finance Committee Hearing Mar 1 2018 9:30AM Capitol Building Room 122B Springfield, IL


Last Action
DateChamber Action
  2/6/2018HouseTo Sales and Other Taxes Subcommittee

Statutes Amended In Order of Appearance
20 ILCS 655/4from Ch. 67 1/2, par. 604
20 ILCS 655/4.1
20 ILCS 655/5.1from Ch. 67 1/2, par. 606
20 ILCS 655/5.2from Ch. 67 1/2, par. 607
20 ILCS 655/5.3from Ch. 67 1/2, par. 608
20 ILCS 655/8.1


Synopsis As Introduced
Amends the Illinois Enterprise Zone Act. Provides that, in calendar year 2018, the Department of Commerce and Economic Opportunity may certify an additional 25 Enterprise Zones. Provides that, for Enterprise Zones scheduled to expire after January 1, 2023, the application process shall begin 5 years prior to the year in which the Zone expires. Provides that the Department of Commerce and Economic Opportunity may award partial points during the application process if the applicant demonstrates job creation and investment levels below the threshold set forth in the statute. Provides that the Department of Commerce and Economic Opportunity may adjust the scoring for applicants that are located entirely within a county with a population of less than 300,000 if the Department finds that the designation will help to alleviate the effects of poverty and unemployment within the proposed Enterprise Zone. Provides for provisional certification of substantially complete Enterprise Zone applications. Effective immediately.

Actions 
DateChamber Action
  1/8/2018HouseFiled with the Clerk by Rep. Avery Bourne
  1/16/2018HouseFirst Reading
  1/16/2018HouseReferred to Rules Committee
  1/24/2018HouseAssigned to Revenue & Finance Committee
  2/6/2018HouseAdded Co-Sponsor Rep. Daniel Swanson
  2/6/2018HouseTo Sales and Other Taxes Subcommittee

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