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 Enterprise Zones encourage job growth and
investment in economically depressed areas. Companies within a zone,
or that agree to move into one, can qualify for tax incentives that
include sales tax exemptions on purchases of building materials and
manufacturing equipment and an exemption for utility taxes. Each
zone is administered by a local official under rules set by the
state.
Illinois law provides that 49 zones can be
declared this year. The remainder of the state’s 97 available zones
will be designated in 2016 through 2020.
Ten of the current applications call for new
zones, while the rest seek renewal of existing zones. A listing of
the applications received by the deadline of Dec. 31, 2014, is
attached.
DCEO will score each application and submit its
findings to a five-member Enterprise Zone Board by June 30, 2015.
The board, to be appointed by Gov. Bruce Rauner, is expected to
approve or deny the applications by Sept. 30, 2015, and the new
zones will take effect Jan. 1, 2016.
State law gives the new zones a 15-year term,
with a review by the board after 13 years for a possible 10-year
extension.
To be deemed eligible for a zone, applications
will be measured according to 10 criteria. They are: 1) a relatively
high unemployment rate; 2) potential for significant job creation
and investment; 3) relatively high poverty; 4) abandoned coal mines,
brownfields or federal disaster declarations; 5) major layoffs; 6)
high vacancy rate of industrial and commercial buildings; 7)
existing plans to improve the local tax base; 8) plan for improving
public infrastructure; 9) career skills programs at high schools and
community colleges; and 10) unusual changes in the taxable value of
business properties.
For more information on Illinois’ Enterprise Zone Program, and for
more resources about doing business in Illinois, visit
www.illinois.gov/dceo.
Applications for
Enterprise Zones (67 total). Boldface entries represent
applications for new zones.
Cook County (13)
1.
Bedford Park, Bridgeview, Justice and
Summit
2.
Cal Sag (Alsip, Blue Island, Calumet Park,
Country Club Hills, Dixmoor, East Hazel Crest, Harvey, Hazel Crest,
Homewood, Markham, Merrionette Park, Midlothian, Oak Forest,
Phoenix, Robbins, Worth, Cook County)
3.
Calumet (Calumet City, Dolton, Lansing,
Riverdale, South Holland, Thornton, Cook County)
4.
Chicago I
5.
Chicago II
6.
Chicago III
7.
Chicago IV
8.
Chicago V
9.
Chicago VI
10.
Town of Cicero
11.
Franklin Park
12.
Hodgkins and McCook
13.
Lincoln & 394 Corridor (Beecher, Chicago
Heights, Crete, Ford Heights, Glenwood, Olympia Fields, Sauk
Village, South Chicago Heights, Steger, Cook County, and Will
County)
Collar Counties (Lake,
McHenry, Kane, DuPage, Will) (5)
14.
Bensenville
15.
Des Plaines River Valley (Joliet,
Lockport, Rockdale, Romeoville, Will County)
16.
Diamond
17.
Harvard, Woodstock, McHenry County
18.
Will – Cook (Matteson, Monee, Park Forest,
Richton Park, University Park, Will County, Cook County)
Rest of Illinois (49)
19.
Alexander- Pulaski County (Alexander
County, Pulaski County, Cairo, Mound City, Mounds)
20.
Belleville
21.
Bloomington/Normal/McLean County/Gibson
City/Ford County
22.
Boone County (Boone County, Belvidere,
Poplar Grove, Capron)
23.
Bureau/Putnam Area (Granville, Hennepin,
Mark, Ladd, Princeton, Spring Valley, Bureau County, Putnam County)
24.
Canton/Fulton County
25.
Centralia, Wamac, Village of Central City,
Clinton County , Marion County, Jefferson County and Washington
County
26.
City of Champaign & Champaign County
27.
Clinton County (Clinton County, Carlyle,
Breese, Trenton, New Baden, Germantown, Aviston, Albers,
Damiansville)
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28.
Danville/Vermilion County
29.
Decatur/Macon County (Decatur, Macon
County, Forsyth, Long Creek, Mount Zion)
30.
DeKalb County (DeKalb County, Cortland,
DeKalb, Genoa, Sandwich, Sycamore, Waterman)
31.
Edgar County (Paris, Edgar County,
Chrisman, Kansas)
32.
Effingham & Effingham County
33.
Fairmont City, Caseyville, Brooklyn, St.
Clair County
34.
Fairview Heights
35.
Franklin County I-57 (Benton, West
Frankfort, West City, Franklin County)
36.
Galesburg
37.
Greenville/Bond County
38.
Henry County (Annawan, Henry County,
Atkinson, Cambridge, Carbon Cliff, Galva, Geneseo, Orion, Woodhull)
39.
Illinois Valley (LaSalle County, LaSalle,
North Utica, Oglesby, Peru)
40.
Jasper County (Jasper County, Newton and
Sainte Marie)
41.
Kankakee County
42.
Kankakee County, Manteno, Grant Park,
Momence, Hopkins Park
43.
Kankakee County, City of Kankakee, Aroma
Park, Bourbonnais, Bradley, Herscher
44.
Loves Park/Machesney Park
45.
Macomb, Bushnell, McDonough County
46.
Madison County Discovery (Collinsville,
Village of Glen Carbon, City of Highland, Village of Maryville,
Village of St. Jacob)
47.
Marshall County (Marshall County, Henry,
Lacon, Sparland, Toluca, Wenona)
48.
Massac County (Metropolis, Brookport,
Joppa, Massac County)
49.
Monmouth/Warren County
50.
Mt. Carmel/Wabash County
51.
Mt. Vernon/Waltonville/Dix/Jefferson
County
52.
Nashville/Washington County
53.
Olney/Richland County
54.
Ottawa Area (Grundy County, LaSalle
County, Marseilles, Ottawa, Seneca, Channahon, Coal City, Morris)
55.
Peoria Urban (Peoria, Peoria County, West
Peoria, Peoria Heights)
56.
Peoria Rural (Peoria County, Chillicothe,
Princeville, Elmwood, Hanna City)
57.
Quad Cities (Rock Island, Moline, East
Moline, Silvis, Milan, Rock Island County)
58.
Quincy/Adams/Brown County (Quincy, Adams
County, Mt. Sterling, Brown County)
59.
Riverbend (Madison County, Alton,
Bethalto, East Alton, Hartford, Roxana, South Roxana, Wood River)
60.
Rockford EZ #1: City of Rockford
61.
Rockford I-90: City of Rockford
62.
Southwest Madison County (Madison County,
Madison, Granite City, Venice)
63.
Springfield & Sangamon County
64.
Streator Area (Streator, LaSalle, County
of Livingston)
65.
Southern Tazewell County (Pekin, Morton,
Tremont, Tazewell County)
66.
Northern Tazewell County (East Peoria,
Washington, Germantown Hills, Tazewell County)
67.
Urbana (Urbana/Champaign County)
[Dave Roeder, Department of Commerce
and Economic Opportunity]
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