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Commerce Department to Review Proposals for Enterprise Zones

Posted by Admin On January - 23 - 2015

Program Promotes Job Growth in Communities Across the State

SPRINGFIELD, IL —The Illinois Department of Commerce and Economic Opportunity (DCEO) said it has received 67 applications for Enterprise Zones from communities throughout the state. The department will now review the applications. State law requires proposals for new and existing Enterprise Zones to compete for up to 49 available designations.

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

Page 3

  1. Hodgkins and McCook
  2. 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)

  1. Bensenville
  2. Des Plaines River Valley (Joliet, Lockport, Rockdale, Romeoville, Will County)
  3. Diamond
  4. Harvard, Woodstock, McHenry County
  5. Will – Cook (Matteson, Monee, Park Forest, Richton Park, University Park, Will County, Cook County)

Rest of Illinois (49)

  1. Alexander- Pulaski County (Alexander County, Pulaski County, Cairo, Mound City, Mounds)
  2. Belleville
  3. Bloomington/Normal/McLean County/Gibson City/Ford County
  4. Boone County (Boone County, Belvidere, Poplar Grove, Capron)
  5. Bureau/Putnam Area (Granville, Hennepin, Mark, Ladd, Princeton, Spring Valley, Bureau County, Putnam County)
  6. Canton/Fulton County
  7. Centralia, Wamac, Village of Central City, Clinton County , Marion County, Jefferson County and Washington County
  8. City of Champaign & Champaign County
  9. Clinton County (Clinton County, Carlyle, Breese, Trenton, New Baden, Germantown, Aviston, Albers, Damiansville)
  10. Danville/Vermilion County
  11. Decatur/Macon County (Decatur, Macon County, Forsyth, Long Creek, Mount Zion)

Page 4

  1. DeKalb County (DeKalb County, Cortland, DeKalb, Genoa, Sandwich, Sycamore, Waterman)
  2. Edgar County (Paris, Edgar County, Chrisman, Kansas)
  3. Effingham & Effingham County
  4. Fairmont City, Caseyville, Brooklyn, St. Clair County
  5. Fairview Heights
  6. Franklin County I-57 (Benton, West Frankfort, West City, Franklin County)
  7. Galesburg
  8. Greenville/Bond County
  9. Henry County (Annawan, Henry County, Atkinson, Cambridge, Carbon Cliff, Galva, Geneseo, Orion, Woodhull)
  10. Illinois Valley (LaSalle County, LaSalle, North Utica, Oglesby, Peru)
  11. Jasper County (Jasper County, Newton and Sainte Marie)
  12. Kankakee County
  13. Kankakee County, Manteno, Grant Park, Momence, Hopkins Park
  14. Kankakee County, City of Kankakee, Aroma Park, Bourbonnais, Bradley, Herscher
  15. Loves Park/Machesney Park
  16. Macomb, Bushnell, McDonough County
  17. Madison County Discovery (Collinsville, Village of Glen Carbon, City of Highland, Village of Maryville, Village of St. Jacob)
  18. Marshall County (Marshall County, Henry, Lacon, Sparland, Toluca, Wenona)
  19. Massac County (Metropolis, Brookport, Joppa, Massac County)
  20. Monmouth/Warren County
  21. Mt. Carmel/Wabash County
  22. Mt. Vernon/Waltonville/Dix/Jefferson County
  23. Nashville/Washington County
  24. Olney/Richland County

Page 5

  1. Ottawa Area (Grundy County, LaSalle County, Marseilles, Ottawa, Seneca, Channahon, Coal City, Morris)
  2. Peoria Urban (Peoria, Peoria County, West Peoria, Peoria Heights)
  3. Peoria Rural (Peoria County, Chillicothe, Princeville, Elmwood, Hanna City)
  4. Quad Cities (Rock Island, Moline, East Moline, Silvis, Milan, Rock Island County)
  5. Quincy/Adams/Brown County (Quincy, Adams County, Mt. Sterling, Brown County)
  6. Riverbend (Madison County, Alton, Bethalto, East Alton, Hartford, Roxana, South Roxana, Wood River)
  7. Rockford EZ #1: City of Rockford
  8. Rockford I-90: City of Rockford
  9. Southwest Madison County (Madison County, Madison, Granite City, Venice)
  10. Springfield & Sangamon County
  11. Streator Area (Streator, LaSalle, County of Livingston)
  12. Southern Tazewell County (Pekin, Morton, Tremont, Tazewell County)
  13. Northern Tazewell County (East Peoria, Washington, Germantown Hills, Tazewell County)
  14. Urbana (Urbana/Champaign County)
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