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1 | AN ACT concerning economic development.
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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 1. Short title. This Act may be cited as the Employ | ||||||||||||||||||||||||
5 | Illinois Job Renewal Act. | ||||||||||||||||||||||||
6 | Section 5. Definitions. As used in this Act: | ||||||||||||||||||||||||
7 | "Department" means the Department of Commerce and Economic | ||||||||||||||||||||||||
8 | Opportunity. | ||||||||||||||||||||||||
9 | "Local government entity" means a county or a municipality. | ||||||||||||||||||||||||
10 | Section 10. Qualifications for Job Renewal Zones. An area | ||||||||||||||||||||||||
11 | is qualified to become a Job Renewal Zone if: | ||||||||||||||||||||||||
12 | (1) it is located in a county or is a county with no | ||||||||||||||||||||||||
13 | more than 200,000 residents according to the latest data | ||||||||||||||||||||||||
14 | available from the U.S Census Bureau; and | ||||||||||||||||||||||||
15 | (2) it has experienced unemployment rates over the last | ||||||||||||||||||||||||
16 | 5 years that are higher than at least 75% of all Illinois | ||||||||||||||||||||||||
17 | local government entities. | ||||||||||||||||||||||||
18 | Section 15. Certification of Job Renewal Zones by the | ||||||||||||||||||||||||
19 | Department. | ||||||||||||||||||||||||
20 | (a) The Department must develop an application for Job | ||||||||||||||||||||||||
21 | Renewal Zone certification and contact local government | ||||||||||||||||||||||||
22 | entities that may be qualified to be a Job Renewal Zone under | ||||||||||||||||||||||||
23 | Section 10 to inform them of their potential qualification. In | ||||||||||||||||||||||||
24 | determining those local government entities to be certified, in | ||||||||||||||||||||||||
25 | addition to characteristics mentioned in subsection (b), the | ||||||||||||||||||||||||
26 | Department must certify an equal amount of zones in the various | ||||||||||||||||||||||||
27 | regions of the State. The Department shall designate Job | ||||||||||||||||||||||||
28 | Renewal Zones in a manner that maximizes their effect equally | ||||||||||||||||||||||||
29 | in regions of the State. The Department may not designate more | ||||||||||||||||||||||||
30 | than 10 Job Renewal Zones in the State.
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1 | (b) In considering applications for the certification of a | ||||||
2 | Job Renewal Zone, the Department must consider all of the | ||||||
3 | following factors: | ||||||
4 | (1) The degree to which the applicant has experienced | ||||||
5 | population decline or equalized assessed property value | ||||||
6 | decline or stagnant growth at greater levels than other | ||||||
7 | local government entities that are eligible for Job Renewal | ||||||
8 | Zone certification. | ||||||
9 | (2) The degree to which the applicant maintains a | ||||||
10 | residency with higher levels of poverty relative to other | ||||||
11 | local government entities that are eligible for Job Renewal | ||||||
12 | Zone certification. | ||||||
13 | (3) The degree to which school districts within the | ||||||
14 | jurisdiction of the local government entity applying for | ||||||
15 | certification have experienced decline or stagnation in | ||||||
16 | student enrollment having detrimental effects on the | ||||||
17 | schools' State education funding at levels greater than | ||||||
18 | other local government entities that are eligible for | ||||||
19 | certification. | ||||||
20 | (4) Whether the applicant has developed a strategic | ||||||
21 | development plan that will guide the redevelopment of its | ||||||
22 | community or county in a manner that benefits all residents | ||||||
23 | of the applicant local government entity. | ||||||
24 | (5) Any other relevant factors determined by the | ||||||
25 | Department. | ||||||
26 | Section 20. Taxes on businesses in Job Renewal Zones. | ||||||
27 | (a) All businesses located in a Job Renewal Zone, in | ||||||
28 | addition to any other benefits and incentives that may be | ||||||
29 | offered at the discretion of the Department or the local | ||||||
30 | government entity creating the Job Renewal Zone as is provided | ||||||
31 | under the Enterprise Zone Act, shall qualify for exemptions | ||||||
32 | from the following taxes:
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33 | (1) taxes imposed under subsections (a) and (b) of | ||||||
34 | Section 201 of the Illinois Income Tax Act;
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35 | (2) the personal property tax replacement income tax |
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1 | under subsection (c) of Section 201 of the Illinois Income | ||||||
2 | Tax Act; and
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3 | (3) the State's portion of the State use or occupation | ||||||
4 | taxes.
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5 | (b) Any business located in a Job Renewal Zone from which | ||||||
6 | the Department has determined at least 51% of its products or | ||||||
7 | services are exported outside of the State shall automatically | ||||||
8 | qualify for EDGE cash incentives as they are provided under the | ||||||
9 | EDGE Tax Credit Act.
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10 | Section 25. Agricultural Renewal Zones. | ||||||
11 | (a) In addition to the 10 Job Renewal Zones, the Department | ||||||
12 | may certify up to 10 Agriculture Renewal Zones. | ||||||
13 | (b) Agriculture Renewal Zones may not be larger than the | ||||||
14 | agricultural processing facility for which the zone has been | ||||||
15 | designated. For purposes of this Section, "agricultural | ||||||
16 | facility" means one or more facilities or operations that | ||||||
17 | transform, package, sort, or grade livestock or livestock | ||||||
18 | products, agricultural commodities, or plants or plant | ||||||
19 | products into goods that are used for intermediate for final | ||||||
20 | consumption including goods for nonfood use, and surrounding | ||||||
21 | property.
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22 | (c) An Agriculture Renewal Zone may be designated anywhere | ||||||
23 | in which a Job Renewal Zone may be located, under this Act, if | ||||||
24 | the local government entity with jurisdiction has approved its | ||||||
25 | location.
An Agriculture Renewal Zone may not be designated | ||||||
26 | within a Job Renewal Zone.
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27 | (d) A business in an Agriculture Renewal Zone qualifies for | ||||||
28 | the same benefits and incentives eligible to businesses in a | ||||||
29 | Job Renewal Zone. | ||||||
30 | Section 30. Deadline for zone certification; expiration. | ||||||
31 | (a) The Department must set a deadline for its receipt of | ||||||
32 | applications for all zone certifications. The Department must | ||||||
33 | certify all Job Renewal Zones and Agriculture Renewal Zones by | ||||||
34 | July 1, 2007. |
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1 | (b) All Job Renewal Zones and Agriculture Renewal Zones | ||||||
2 | expire on June 30, 2019. | ||||||
3 | Section 35. Report required; extension of program. | ||||||
4 | (a) By January 1, 2018, the Department must prepare a | ||||||
5 | report to the Governor and the General Assembly detailing the | ||||||
6 | effects of the Job Renewal and Agriculture Renewal programs on | ||||||
7 | the local government entities. The report must include, without | ||||||
8 | limitation, information concerning:
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9 | (1) Employment growth and unemployment decline;
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10 | (2) Population change;
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11 | (3) Changes in poverty rates;
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12 | (4) Changes in per capita income of the residents of | ||||||
13 | the zone;
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14 | (5) Changes in the equalized assessed value of property | ||||||
15 | within the zone;
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16 | (6) Changes in the cost of providing services to zone | ||||||
17 | residents borne by the local government entity where the | ||||||
18 | zone is located;
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19 | (7) Changes in revenues collected by the local | ||||||
20 | government entity in which the zone is located; and
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21 | (8) Changes in the cost of housing in the zone. | ||||||
22 | (b) If the General Assembly extends the expiration date of | ||||||
23 | this program, the Department shall consider the progress of | ||||||
24 | economic development of each zone then designated and | ||||||
25 | surrounding areas when deciding whether the current 10 Job | ||||||
26 | Renewal Zones and 10 Agriculture Renewal Zones will be | ||||||
27 | re-extended.
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28 | Section 99. Effective date. This Act takes effect upon | ||||||
29 | becoming law.
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