Illinois Enterprise Zone Board Voted to Approve 49 Applications to Establish or Renew Enterprise Zones; Will Not be Certified at This Time
Director Jim Schultz Issues Statement on Enterprise Zones
SPRINGFIELD, IL – “In compliance with the statutory timeframe, the Illinois Enterprise Zone Board voted to approve 49 applications to establish or renew enterprise zones. In light of Illinois’ current fiscal uncertainty and ongoing budget impasse, the Department of Commerce and Economic Opportunity will not certify the enterprise zones at this time. Local and state tax incentives are important business development tools, but cannot be truly effective while the state continues to bleed jobs due to high costs of doing business. To issue tax incentives without addressing these cost drivers would be a disservice to Illinois businesses and communities. The Department of Commerce will continue to evaluate the appropriate time to certify the approved enterprise zones.â€
Enterprise Zones Approved By Enterprise Zone Board:
- Alexander/Pulaski
- Bedford Park
- Belleville
- Bensenville
- Boone County
- Cal Sag
- Canton Fulton County
- Champaign City/County
- Chicago I
- Chicago II
- Chicago III
- Chicago IV
- Chicago V
- Cicero
- Clinton County
- Danville
- Decatur/Macon County
- DeKalb County
- Des Plaines River Valley
- Diamond
- Edgar County/Paris
- Fairmont City/Caseyville
- Fairview Heights
- Franklin Park
- Galesburg
- Harvard/Woodstock
- Hodgkins/McCook
- Kankakee County
- Kankakee River Valley
- Loves Park/Machesney Park
- Macomb/Bushnell
- Madison County Discovery
- Monmouth Warren County
- Mt. Carmel/Wabash County
- Mt. Vernon/Waltonville
- Nashville/Washington County
- Northern Tazewell County
- Ottawa Area
- Peoria Urban
- Quincy/Adams
- Riverbend
- Rockford EZ 1
- Rockford I-90
- Southern Tazewell
- SW Madison County
- Springfield/Sangamon County
- Streator Area
- Urbana/Champaign County
- Will-Cook County
