The IEZA board has drafted it goals and objectives for 2006.
GOAL I: Continue to improve communications and record keeping with all individuals, governments, organizations and businesses involved in the Illinois Enterprise Zone Program.
GOAL II: Continue to broaden awareness of the Illinois Enterprise Zone Program through cooperative efforts with other Economic Development organizations.
GOAL III: Increase membership of Zone Administrators and other business categories.
GOAL IV: Remain active in legislation affecting zones.
GOAL V: Educate new zone administrators.
GOAL VI: Promote and hi-lite successful business investment with Illinois Enterprise Zones.
Recently a question was raised concerning whether or not County Public Safety Sales Tax is exempt under EZ Building Materials Sales Tax Exemption.
Officials from the Illinois Department of Revenue have confirmed that County Public Safety Sales Tax is automatically exempt.
The EZ Building Materials Sales Tax Exemption also covers Home Rule Sales Tax, Non Home Rule Sales Tax and Business District Sales Tax.
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 be available only to those contractors or other entities with a certificate issued by the Illinois Department of Revenue.
This bulletin provides a brief description of the requirements. For complete information about what you need, visit their website at tax.illinois.gov and click on the “Business Incentives Reporting and Building Materials Exemption Certification” link.
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 to file Enterprise Zone reports pursuant to Public Act 97-905, Zone Administrators aren’t as lucky. The deadline to complete this online reporting is March 30, 2013.
Within the last week, the Department of Revenue issued letters to Zone Administrators of record with a PIN number and your Enterprise Zone name. This is the information needed to get into the system in order to complete the forms.
Please keep in mind, businesses have been granted an extension to May 29 to file reports.
In the event that you find fields that are problematic or questionable, please contact me and I will refer those questions directly to the Department of Revenue.
For your convenience, below is the link to the reporting website:
www.tax.illinois.gov (please click on the EZ Reporting tab, then New Business Incentives Reporting Information link).
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 Extension Legislation makes major changes in the way Zones are selected, managed, and reported. While the end goal of long term extension was achieved, the implementation of the program modifications will change the way administrators operate the program at the local level, the way companies report activity in each zone and the way the Department of Commerce and Economic Opportunity and the Department of Revenue gather and evaluate information.
The goal of the Fall 2012 IEZA Conference is to begin to outline the issues we will all need to address, recognizing this is a fluid and dynamic process and that some processes are still in development. So if you already have a Zone, use a Zone or want a new Zone, I hope you will join us November, in Springfield to learn more.
Thank you and hope to see you soon!
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.
“The bill Governor Quinn signed today 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 in the future,” said Craig Coil, President of the IEZA and the Economic Development Corporation of Decatur & Macon County.
Coil added, “More importantly, it also gives communities with existing zones the opportunity to renew for up to 25 years, thereby stabilizing their long term economic development strategies and giving employers of all sizes and types a measure of predictability in planning for future job development and capital project opportunities.”
Eight Enterprise Zones located in Chicago, Rockford, Decatur, Peoria, Canton/Fulton County, Des Plaines River Valley and East St. Louis were scheduled to begin expiring in 2013, but today’s action ensures they are all able to compete for jobs and economic development on a level playing field.
“As economic developers, we compete every day for jobs and investment with locations throughout the country and around the world and the Illinois Enterprise Zone program has kept us in the game for nearly 30 years”, Coil said. “By passing and signing this bill, Governor Quinn and the General Assembly have helped all of us who are involved in economic development in Illinois and the communities we represent remain competitive for the foreseeable future”.
Championed by the Illinois Manufacturers Association (IMA) with significant technical assistance and support provided by the Illinois Enterprise Zone Association (IEZA) and the Taxpayers Federation of Illinois (TFI), Senate Bill 3616 represents a true collaboration of ideas and opinions. Illinois employers as well as media and local government leaders, Chambers of Commerce and Economic Development Organizations throughout the state helped promote the merits of the bill as well, reaching out to their respective legislators about the importance of remaining competitive for the long term.
The Illinois Enterprise Zone Association is a volunteer non-profit organization dedicated to the marketing and promotion of Illinois Enterprise Zones and the training and education of Illinois Enterprise Zone administrators. The IEZA volunteer leadership team of officers, Board members and general members represent nearly 85% of the 97 Illinois Enterprise Zones and are actively involved in the growth and economic development of Illinois communities.
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.
Championed by the Illinois Manufacturers Association (IMA) with significant technical assistance and support provided by the Illinois Enterprise Zone Association (IEZA) and the Illinois Taxpayers Federation (IFT), 3616 was the culmination of months of work. Employers of all sizes as well as media and local government leaders, Chambers of Commerce and Economic Development Organizations throughout the state helped promote the initiative as well, reaching out to their respective legislators. *Mark Denzler of the IMA along with Tom Johnson of ITF should be commended for their diligence and determination in getting this passed. Mark was the captain of the ship and did a great job of building consensus and keeping things moving.*
At the legislative level, Senator Mike Frerichs (D-Urbana/Champaign) and Senator Pamela Althoff (R-Crystal Lake) were exemplary leaders on the negotiating team in the upper chamber along with President John Cullerton, who made this a primary issue for the Senate this session, as well as Minority Leader Christine Radogno. *Senators Frerichs and Althoff made the case for zones during the statewide Enterprise Zone Special Committee hearings and were instrumental in getting the message out about the importance of the program to the future of Illinois economic development efforts.*
In the House, Representative John Bradley (D-Marion) and Representative David Harris (R- Mt.Prospect), in addition to Speaker Mike Madigan, worked well together to help that chamber reach concensus. * Representative Bradley in particular was instrumental in making sure the program met the needs of the our employers going forward while at the same time providing transparency and accountability to the taxpayers in these difficult financial times.*
I also don’t want to forget the Board of Directors of the IEZA for their input during this process and all of you who contacted your legislators and community leaders to garner support for the program. The extension could not have happended wthout everyone coming togther for the common cause.
Chamber and Caucus Group Staffs
And finally, I have to thank the unsung heroes of the effort to pass this bill. The staffs of both chambers and all four caucus groups, as well as those from the Governor’s office, DCEO and Revenue. They did an amazing amount of work to bring all of the pieces together into the final bill, especially given all of the other things on their plates. Little if anything can be accomplished at the Capital without the staffs and they deserve significant recognition.
In the coming months, the IEZA wll be working closely with DCEO and the Illinois Department of Revenue to design, test and communicate new zone operating procedures and revised application processes and very soon we will be forwarding information related to the details of the bill and key timelines to be aware of as Zone Administrators and community leaders.
Stay tuned, there’s lots more to come.
President Illinois Enterprise Zone Association
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.
The IMA with input from IEZA initiated this legislation and worked with supporters from both sides of the aisle in the Senate. President John Cullerton and Republican Leader Christine Radogno formed a special Enterprise Zone Committee that conducted four public hearings around the state to solicit testimony and support from hundreds of companies, economic development officials, labor unions, and elected leaders.
SB 3688 creates long term stability and predictability by extending zones for 25 years, creating ten new zones, enlarging the current geographic size, modernizing the tax structure, and requiring additional transparency and accountability by enterprise zone administrators.
Despite the overwhelming popularity and measured success of the enterprise zone program, it faces an uncertain future in the House of Representatives that has twice failed to act. Everyone is encouraged to call your respective state representatives and ask them to support the enterprise zone legislation (SB 3688).