- EZ Building Materials Sales Tax Exemption Recently a question was raised concerning whether or not County Public Safety Sales Tax is exempt under EZ Building Materials Sales Tax Exemption.
- Goals & Objectives for 2006
The IEZA board has drafted it goals and objectives for 2006.
- IDOR Releases New Process Instructions for Sales Tax Exemption Certificates
EFFECTIVE June 17, 2013
Contractors and other entities participating in a real estate construction, rehabilitation, or renovation project in an Enterprise Zone or a River Edge Redevelopment Zone – or for a state-certified High Impact Business – may purchase building materials for the project exempt from sales tax.
Beginning July 1, 2013, the building materials exemption will ...
- IDOR Reporting Deadline for Zone Administrators
Online Reporting Due March 30, 2013
IDOR Reporting Deadline
Enterprise Zone and River Edge Redevelopment Zone Administrators are now required to annually collect and compile information regarding job creation, job retention and capital investment and submit to the Department of Revenue. Although businesses have been granted an extension until May 20, 2013 ...
- Letter from Craig Coil
September 28, 2012
First let me apologize for the delay in getting the program to you for our upcoming conference in Springfield… The IEZA Board of Directors and I have been working closely with a number of groups to make sure we can present accurate information about the revised Illinois Enterprise Zone Program.
The 2012 Enterprise Zone ...
- Governor Quinn Signs Enterprise Zone Extension Legislation!
After nearly three years of discussion and negotiation, the Illinois Enterprise Zone Association (IEZA) today congratulated Governor Pat Quinn (D-Illinois) on signing Senate Bill 3616. The bill, sponsored by Sen. Michael Frerichs (D-Champaign),Sen. Pamela Althoff (R-Crystal Lake), Rep. John Bradley (D-Marion) and Rep. David Harris (R-Mt. Prospect), passed the General Assembly unanimously and is the culmination of months of negotiation and bi-partisan cooperation. The end result adds up to 25 years to the life of Illinois Enterprise Zones and modernizes a critical economic development tool which has gone essentially unchanged since its inception in the late 1980’s.
- Enterprise Zone 25 Year Extension Legislation Passes!
After nearly three years of discussion and negotiation, the Illinois General Assembly unanimously passed Enterprise Zone extension legislation last night. Senate Bill 3616 will provide stable and predictable job creation and retention incentives for the long term, more transparency and performance reporting and revised qualification criteria which may give communities not currently designated as Enterprise Zones the chance to be considered for designation. It also gives communities with existing zones the opportunity to renew for up to 25 years. The bill awaits Governor Quinn's signature.
- Enterprise Zone Extension Passes Senate Unanimously
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.
- Bipartisan Statewide Hearings on Enterprise Zones Announced
February 27, 2012
SPRINGFIELD, IL – On Monday, State Senators Pamela Althoff (R – McHenry) and Michael Frerichs (D – Champaign) were named co‐chairs of a newly created bipartisan Senate Special Committee on Enterprise Zone Extensions that will travel the state to gather input on proposed legislation to modernize and extend the Enterprise Zone Program.
The Enterprise Zone Program, established in 1982, is one of the state’s most proven and successful economic development tools. Beginning next year, these zones will start to expire and businesses statewide will lose access to the various incentives they offer.
- Goals & Objectives for 2010
During the IEZA’s 2010 Annual Board Retreat, the Board approved the following Goals & Objectives for 2011:
GOAL I: Continue to improve communications with all individuals, governments, organizations and businesses related to the Illinois Enterprise Zone Program.
- Objective: Produce electronic IEZA Newsletters.
- Send congratulatory letter to all new legislators and include information about IEZA.
- Objective: Utilize outside ...