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(35 ILCS 120/1d) (from Ch. 120, par. 440d)
Sec. 1d. Subject to the provisions of Section 1f, all tangible personal
property to be used or consumed within an enterprise zone established
pursuant to the "Illinois Enterprise Zone Act", as amended, or subject to
the provisions of Section 5.5 of the Illinois Enterprise Zone Act, all
tangible personal property to be used or consumed by any High Impact Business,
in the process of the manufacturing or assembly of tangible personal property
for wholesale or retail sale or lease or in the process of graphic arts
production if used or consumed at a facility which is a Department of
Commerce and Economic Opportunity certified business and located in a county
of more than 4,000 persons and less than 45,000 persons is exempt from
the tax imposed by
this Act. This exemption includes repair and replacement parts for
machinery and equipment used primarily in the process of manufacturing or
assembling tangible personal property or in the process of graphic arts
production if used or consumed at a facility which is a Department of
Commerce and Economic Opportunity certified business and located in a county
of more than 4,000 persons and less than 45,000 persons for wholesale or retail sale, or
lease, and equipment, manufacturing or graphic arts fuels, material and
supplies for the
maintenance, repair or operation of such manufacturing or assembling
or graphic arts machinery or equipment. The exemption provided in this Section for tangible personal property to be used or consumed in the process of manufacturing or assembly of tangible personal property for wholesale or retail sale or lease, and the repair and replacement parts for that machinery and equipment, does not apply to such property used or consumed in (i) the generation of electricity for wholesale or retail sale; (ii) the generation or treatment of natural or artificial gas for wholesale or retail sale that is delivered to customers through pipes, pipelines, or mains; or (iii) the treatment of water for wholesale or retail sale that is delivered to customers through pipes, pipelines, or mains. The provisions of this amendatory Act of the 98th General Assembly are declaratory of existing law as to the meaning and scope of this exemption.
(Source: P.A. 98-583, eff. 1-1-14.)
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