|
|
|
95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB2040
Introduced 2/26/2007, by Rep. David Reis SYNOPSIS AS INTRODUCED: |
|
20 ILCS 655/4 |
from Ch. 67 1/2, par. 604 |
|
Amends the Illinois Enterprise Zone Act. Provides that any compact and contiguous parcel of property that is used for the sole purpose of providing space for for the production of domestic renewable fuel is qualified to become an enterprise zone regardless of whether that parcel is located in an area that otherwise fails to qualify to be an enterprise zone. Effective immediately.
|
| |
|
|
FISCAL NOTE ACT MAY APPLY | |
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
|
|
A BILL FOR
|
|
|
|
|
HB2040 |
|
LRB095 07617 BDD 32135 b |
|
|
1 |
| AN ACT concerning State government.
|
2 |
| Be it enacted by the People of the State of Illinois,
|
3 |
| represented in the General Assembly:
|
4 |
| Section 5. The Illinois Enterprise Zone Act is amended by |
5 |
| changing Section 4 as follows:
|
6 |
| (20 ILCS 655/4) (from Ch. 67 1/2, par. 604)
|
7 |
| Sec. 4. Qualifications for Enterprise Zones. |
8 |
| (1) Except as provided in subsection (1.5), an
An area is |
9 |
| qualified to become an enterprise zone which:
|
10 |
| (a) is a contiguous area, provided that a zone area may |
11 |
| exclude wholly
surrounded territory within its boundaries;
|
12 |
| (b) comprises a minimum of one-half square mile and not |
13 |
| more than 12
square miles, or 15 square miles if the zone |
14 |
| is located within the
jurisdiction of 4 or more counties or |
15 |
| municipalities, in total area,
exclusive of lakes and |
16 |
| waterways;
however, in such cases where the enterprise zone |
17 |
| is a joint effort of
three or more units of government, or |
18 |
| two or more units of government if
situated in a township |
19 |
| which is divided by a municipality of 1,000,000 or
more |
20 |
| inhabitants, and where the certification has been in
effect |
21 |
| at least one year, the total area shall comprise a minimum |
22 |
| of
one-half square mile and not more than thirteen square |
23 |
| miles in total area
exclusive of lakes and waterways;
|