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IL HB4009
Bill
Status
3/2/2021
Primary Sponsor
Anthony DeLuca
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AI Summary
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Tax abatement for 10 years on property containing a grocery store or supermarket owned by a minority person, woman, or person with disability that sells fresh produce but not alcohol and is located in a food desert.
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Defines "food desert" as a census tract with 20% poverty rate or median income at or below 80% of area median, where at least 33% of population lives more than 1 mile from a supermarket (or 10 miles in non-metropolitan areas).
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Counties and municipalities required to waive all building permit fees for initial construction of qualifying grocery stores.
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Secretary of State waives annual report filing fees for corporations and limited liability companies operating qualifying grocery stores in food deserts.
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Owner must apply annually to Department of Commerce and Economic Opportunity for certification of eligibility for the tax abatement.
Legislative Description
PROP TAX-GROCERY STORE ABATE
Last Action
Rule 19(a) / Re-referred to Rules Committee
2/18/2022