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IL SB2747

Bill

Status

Engrossed

3/18/2010

Primary Sponsor

Deanna Demuzio

Click for details

Origin

Senate

96th General Assembly

AI Summary

  • 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

  • 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

  • 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

  • Redefines unemployment criteria to include all persons not currently employed who have exhausted unemployment benefits, regardless of whether they are actively seeking employment

  • Takes effect upon becoming law

Legislative Description

ENTERPRISE ZON-EXPAND BOUNDARY

Last Action

Chief Sponsor Changed to Sen. Kimberly A. Lightford

11/10/2010

Committee Referrals

Executive2/25/2010
Assignments1/28/2010

Full Bill Text

No bill text available