Illinois Compiled Statutes
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20 ILCS 655/3
(20 ILCS 655/3)
(from Ch. 67 1/2, par. 603)
As used in this Act, the following words shall
have the meanings ascribed to them, unless the context otherwise requires:
(a) "Department" means the Department of Commerce and Economic Opportunity.
(b) "Enterprise Zone" means an area of the State certified by the Department
as an Enterprise Zone pursuant to this Act.
(c) "Depressed Area" means an area in which pervasive poverty, unemployment
and economic distress exist.
(d) "Designated Zone Organization" means an association or entity: (1)
the members of which are substantially all residents of the Enterprise Zone;
(2) the board of directors of which is elected by the members of the organization;
(3) which satisfies the criteria set forth in Section 501(c)(3) or 501(c)(4) of the
Internal Revenue Code; and (4) which exists primarily for the purpose of
performing within such area or zone for the benefit of the residents and businesses
thereof any of the functions set forth in Section 8 of this Act.
(e) "Agency" means each officer, board, commission and agency created
by the Constitution, in the executive branch of State government, other
than the State Board of Elections; each officer, department, board, commission,
agency, institution, authority, university, body politic and corporate of
the State; and each administrative unit or corporate outgrowth of the State
government which is created by or pursuant to statute, other than units
of local government and their officers, school districts and boards of election
commissioners; each administrative unit or corporate outgrowth of the above
and as may be created by executive order of the Governor. No entity shall
be considered an "agency" for the purposes of this Act unless authorized
by law to make rules or regulations.
(f) "Rule" means each agency statement of general applicability that implements,
applies, interprets or prescribes law or policy, but does not include (i)
statements concerning only the internal management of an agency and not
affecting private rights or procedures available to persons or entities
outside the agency, (ii) intra-agency memoranda, or (iii) the prescription
of standardized forms.
(g) "Board" means the Enterprise Zone Board created in Section 5.2.1.
(h) "Local labor market area" means an economically integrated area within which individuals can reside and find employment within a reasonable distance or can readily change jobs without changing their place of residence.
(i) "Full-time equivalent job" means a job in which the new employee works for the recipient or for a corporation under contract to the recipient at a rate of at least 35 hours per week. A recipient who employs labor or services at a specific site or facility under contract with another may declare one full-time, permanent job for every 1,820 hours worked per year under that contract. Vacations, paid holidays, and sick time are included in this computation. Overtime is not considered a part of regular hours.
(j) "Full-time retained job" means any employee defined as having a full-time or full-time equivalent job preserved at a specific facility or site, the continuance of which is threatened by a specific and demonstrable threat, which shall be specified in the application for development assistance. A recipient who employs labor or services at a specific site or facility under contract with another may declare one retained employee per year for every 1,750 hours worked per year under that contract, even if different individuals perform on-site labor or services.
(Source: P.A. 102-108, eff. 1-1-22