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Enterprise Zone Extension Passes Senate Unanimously |
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(Published 4/26/12)
Minutes ago, the Illinois Senate unanimously passed legislation (SB 3688) championed by the Illinois Manufacturers' Association (IMA) and the Illinois Enterprise Zone Association (IEZA) that extends Illinois enterprise zones for an additional twenty-five years. Co-sponsored by Senator Mike Frerichs (D-Champaign) and Sen. Pam Althoff (R-Crystal Lake), this critical legislation will maintain an economic development tool used to help attract and retain jobs across the state. Without an extension, the ninety-seven enterprise zones will begin expiring in 2013 including zones in Decatur, Peoria, Rockford, Chicago, East St. Louis, Des Plaines River Valley and Canton/Fulton County. |
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The IEZA (Illinois Enterprise Zone Association) is a coalition of enterprise zone officials, economic development professionals, state and local government, business, labor and community groups, partnering together to promote, strengthen and enhance the Illinois Enterprise Zone Program.
In short, the IEZA helps to stimulate business development within Illinois' 95 designated enterprise zones - creating and retaining jobs.
We welcome you to explore this website to learn more about the IEZA, and the Illinois Enterprise Zone Program. No matter if you're a private developer, a business owner, an IEZA member, or a government official, it is our goal here with this website to provide you with a valuable, single-source resource tool for all your Illinois enterprise zone information needs. |
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