Illinois General Assembly - Bill Status for SB1601
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 Bill Status of SB1601  97th General Assembly


Short Description:  ENTERPRISE ZONE-EXTEND 20 YRS

Senate Sponsors
Sen. Michael W. Frerichs - Pamela J. Althoff

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 655/5.3from Ch. 67 1/2, par. 608
35 ILCS 120/1ffrom Ch. 120, par. 440f
220 ILCS 5/9-222.1from Ch. 111 2/3, par. 9-222.1


Synopsis As Introduced
Amends the Illinois Enterprise Zone Act. Provides that an Enterprise Zone may be extended for an additional 20 years upon application by the corporate authorities of the county or municipality that designated the Enterprise Zone. Amends the Retailers' Occupation Tax Act. Provides that exemptions granted under the Act for tangible personal property used or consumed in an Enterprise Zone may be in effect for not more than 50 (instead of 20) years. Amends the Public Utilities Act to make conforming changes in provisions concerning tax exemptions for businesses located in Enterprise Zones.

Actions 
DateChamber Action
  2/9/2011SenateFiled with Secretary by Sen. Michael W. Frerichs
  2/9/2011SenateFirst Reading
  2/9/2011SenateReferred to Assignments
  3/2/2011SenateAssigned to Local Government
  3/9/2011SenatePostponed - Local Government
  3/18/2011SenateRule 3-9(a) / Re-referred to Assignments
  3/31/2011SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff
  1/8/2013SenateSession Sine Die

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