2 edition of Enterprise zones in Illinois found in the catalog.
Enterprise zones in Illinois
by Illinois Tax Foundation in Springfield, Ill. (201 E. Adams, Suite 350, Springfield 62701)
Written in English
|Statement||Kent D. Redfield, John F. McDonald.|
|Contributions||McDonald, John F., 1943-, Illinois Tax Foundation., Sangamon State University. Institute for Public Affairs.|
|LC Classifications||HC107.I33 I537 1991|
|The Physical Object|
|Pagination||66 p. ;|
|Number of Pages||66|
|LC Control Number||92621500|
A wide range of financial incentives are available to businesses that expand or locate in Carbondale's Enterprise Zone. Carbondale's Enterprise Zone is part of a broader zone jointly created by the City of Murphysboro, the City of Carbondale, Jackson County and the Illinois Department of Commerce and Economic Opportunity in Enterprise Zone. A variety of state and local incentives are available in the Decatur-Macon County Enterprise Zone including local property tax abatement for eligible projects. Designated Enterprise Zone Projects may also be eligible for incentives from the state that are customized to meet the unique needs of the business, including tax.
Montgomery County EMA disaster relief shelters, economic developments enterprise zones, natural hazard tornado maps to name just a few. Maps are available to the public for a reasonable fee, the fee schedule may be obtained at the GIS office located on the third floor of the old court house. ENTERPRISE ZONES IN SELECTED STATES. This section of the report compares the operation of enterprise zones in a representative sample of states: Indiana, California, Connecticut, Florida and Texas. The number of enterprise zone and related areas located in each of these states and Illinois .
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The Illinois Enterprise Zone Program is designed to stimulate economic growth and neighborhood revitalization in economically depressed areas of the state through state and local tax incentives, regulatory relief and improved governmental services.
Illinois enterprise zones by Illinois. Dept. of Commerce and Community Affairs,Illinois Dept. of Commerce and Community Affairs edition, in English Illinois enterprise zones ( edition) |.
The Enterprise Zone Program is a state and local partnership. It emphasizes a creative coalition of state and local government, business, labor and community groups to encourage economic growth and neighborhood revitalization in distressed geographical areas of Illinois. The success of an enterprise zone depends, in large part, on local commitment.
The Illinois Enterprise Zone Act, 20 ILCS /1, et seq. (the “Act”), took effect December 7,and was amended effective in and The purpose of the Act is to stimulate business and industrial growth and retention in depressed areas and stimulate neighborhood revitalization of depressed areas by means of relaxed government.
The Illinois Enterprise Zone Act was signed into law in It is a statewide program which encourages economic growth and investment in enterprise zones through the provision of state incentives, and optional local incentives to businesses relocating or expanding within the Enterprise Zones.
The Cook County Enterprise zones in Illinois book suburban enterprise zones. The maps provided below are for illustrative purposes only and may not be used as grounds to demonstrate eligibility.
Actual boundaries may vary based upon date, formatting and scale. Please contact your Local Zone Administrator to verify if a specific location resides within the boundaries of the Enterprise Zone. Enterprise zones are specific geographic areas designed to stimulate economic growth and neighborhood revitalization.
The Illinois Enterprise Zone Act was signed into law on December 7, Businesses and projects locating and expanding in Enterprise Zones may be eligible for exemption on the retailers’ occupation tax paid on building materials, property tax abatement, and various other.
The Enterprise Zone Program provides state and city incentives to help local businesses expand. Enterprise zones are geographic areas designated by the city and certified by the state of Illinois to receive various tax incentives and other benefits.
This digital map has the County boundaries for the state. When you zoom into the County or Counties you are interested in viewing in more detail, the Census Tract boundaries will appear.
A wide range of financial incentives are available to businesses that expand or locate in the Greater Centralia Area Enterprise Zone. This zone was certified by the State of Illinois beginning Decem and terminates on Decem In addition to the City of Centralia, this zone is located in Central City, Wamac and unincorporated areas of Clinton, Jefferson, Marion and.
TIF and Enterprise Zones For information regarding Canton's Tax Increment Financing (TIF) areas and Enterprise Zone, please contact Mayor Kent McDowell at or via email at [email protected] Illinois is Not Alone.
Evaluating Enterprise Zones is not easy and is subject to many uncertainties and assumptions. For example a report evaluating EZs in Maryland issued by Maryland’s Department of Legislative Services Office of Policy Analysis found “The Department of Business and Economic Development and the Comptroller’s Office Do Not Assess the Effectiveness of the Enterprise.
Enterprise Zone Process Guide Revised January 3rd, South Main Street – Suite Decatur, Illinois USA T) F) Revised 1/17 2 The Decatur / Macon County Enterprise Zone Program is a true partnership between state and local government. It emphasizes a creative coalition of.
Champaign/Champaign County Enterprise Zone. The City of Champaign was awarded an Enterprise Zone by the State of Illinois which began on January 1, This Enterprise Zone replaced the former Enterprise Zone and is once again a joint effort between the City of Champaign and Champaign County.
The goal of the Enterprise Zone is to stimulate economic growth and neighborhood revitalization in. The Enterprise Zone Map identifies the portion of the community that has been for inclusion. The State of Illinois offers incentives designed to encourage businesses to locate or expand operations within an enterprise zones.
A summary of incentives are identified below: Sales Tax Exemption A percent state sales tax exemption is permitted. The Madison County Discovery, Gateway Commerce Center, River bend, and the Southwestern Madison County Enterprise Zones are specific areas that have been designated by the State of Illinois, Madison County and participating municipalities to provide special tax incentives to encourage businesses to locate, expand and retain their operations with the enterprise zones.
The Springfield/Sangamon County Enterprise Zone is a state and local partnership jointly administered by the Illinois Department of Commerce and Economic Opportunity, Sangamon County, and the City of Springfield.
Enterprise Zones offer a unique mix of local and state incentives to help retain, expand, and attract businesses to Sangamon County and the City of Springfield.
The Illinois Enterprise Zone Act took effect December 7, An enterprise zone is a specific area designated by the State of Illinois in cooperation with a local government to receive various incentives and other benefits to stimulate economic activity and neighborhood revitalization.
Enterprise zones range from a half square mile to fifteen. This Act shall be known and may be cited as the "Illinois Enterprise Zone Act". (Source: P.A. ) (20 ILCS /2) (from Ch. 67 1/2, par. ) Sec. The General Assembly finds and declares that the health, safety and welfare of the people of this State are dependent upon a healthy economy and vibrant communities; that the continual.
The Illinois Enterprise Zone Program is designed to stimulate economic growth and neighborhood revitalization in economically depressed areas of the state. This is accomplished through state and local tax incentives, regulatory relief, and improved governmental services, thus providing an economic stimulus to an area that would otherwise be neglected.
Enterprise Zones North Central Illinois Council of Governments administers three enterprise zones within the organization’s coverage area.
These enterprise zones include the Bureau/Putnam Area Enterprise Zone, the Illinois Valley Area Enterprise Zone, and the Marshall County Enterprise Zone. Enterprise zones in Illinois are geographic areas identified by local governments and approved by .City of Springfield, IL City of Springfield - Home of.The City of Moline is a participant in the Illinois Quad City Enterprise Zone.
Moline works in cooperation with East Moline, Milan, Rock Island, Silvis, and Rock Island County to expand the enterprise zone to assist projects using tax incentives.
According to the application to expand enterprise zones, the intent of the program is to create and.