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IL SB2747
Bill
Status
3/18/2010
Primary Sponsor
Deanna Demuzio
Click for details
AI Summary
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Amends the Illinois Enterprise Zone Act to allow enterprise zones established before this act's effective date to expand their boundaries until December 31, 2012
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Expansion territory must have had an average unemployment rate in the previous calendar year of more than 10% or 120% of the state's annual average unemployment rate for that year, whichever is less
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Expanded zone area must meet existing criteria including being contiguous, comprising one-half to 12 square miles (or up to 15 square miles in certain multi-jurisdiction cases), and being a depressed area
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Redefines unemployment criteria to include all persons not currently employed who have exhausted unemployment benefits, regardless of whether they are actively seeking employment
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Takes effect upon becoming law
Legislative Description
ENTERPRISE ZON-EXPAND BOUNDARY
Last Action
Chief Sponsor Changed to Sen. Kimberly A. Lightford
11/10/2010