IL SB2023

Amends the Illinois Enterprise Zone Act to allow the Department to award partial points on a pro-rata basis for job creation and investment below the 1,000 full-time jobs and $100,000,000 investment thresholds in criterion (2).

Adds new criterion (11) allowing the Department to adjust scoring for applicants located entirely within counties with populations under 300,000 if the designation will help alleviate poverty and unemployment.

Requires failure to report data for tax incentives to result in ineligibility to receive incentives, and allows Enterprise Zone decertification if 80% or more of businesses receiving tax incentives fail to submit required information.

Extends the application process timeline for Enterprise Zones scheduled to expire on or after January 1, 2022 to begin 5 years prior to expiration, with zones available for either previous designees or new applicants to compete for designation.

Permits the Department to provide provisional certification of substantially complete applications pending receipt of any missing items or additional information requested.