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Public Act 097-0818 |
HB4314 Enrolled | LRB097 15305 CEL 60405 b |
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AN ACT concerning regulation.
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Be it enacted by the People of the State of Illinois, |
represented in the General Assembly:
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Section 5. The Public Utilities Act is amended by changing |
Section 9-222.1 as follows:
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(220 ILCS 5/9-222.1) (from Ch. 111 2/3, par. 9-222.1)
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Sec. 9-222.1. A business enterprise which is located within |
an area
designated by a county or municipality as an enterprise |
zone pursuant to
the Illinois Enterprise Zone Act or located in |
a federally designated
Foreign Trade Zone or Sub-Zone shall be |
exempt from the additional charges
added to the business |
enterprise's utility bills as a pass-on of municipal
and State |
utility taxes under Sections 9-221 and 9-222 of this Act, to
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the extent such charges are exempted by ordinance adopted in |
accordance
with paragraph (e) of Section 8-11-2 of the Illinois |
Municipal Code in the
case of municipal utility taxes, and to |
the extent such
charges are exempted by the percentage |
specified by the Department of
Commerce and Economic |
Opportunity in the case of State utility taxes, provided
such |
business enterprise meets the following criteria:
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(1) it (i) makes investments which cause the creation |
of a
minimum of 200 full-time equivalent jobs in Illinois; |
(ii) makes investments
of at least $175,000,000 which cause |
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the creation of a minimum of 150 full-time
equivalent jobs |
in Illinois; (iii) makes investments that cause the |
retention of a minimum of 300 full-time equivalent jobs in |
the manufacturing sector, as defined by the North American |
Industry Classification System, in an area in Illinois in |
which the unemployment rate is above 9% and makes an |
application to the Department within 3 months after the |
effective date of this amendatory Act of the 96th General |
Assembly and certifies relocation of the 300 full-time |
equivalent jobs within 48 36 months after the application; |
(iv) makes
investments which cause the retention of a |
minimum of 1,000 full-time jobs
in Illinois; or (v) makes |
an application to the Department within 2 months after the |
effective date of this amendatory Act of the 96th General |
Assembly and makes investments that cause the retention of |
a minimum of 500 full-time equivalent jobs in 2009 and |
2010, 675 full-time jobs in Illinois in 2011, 850 full-time |
jobs in 2012, and 1,000 full-time jobs in 2013, in the |
manufacturing sector as defined by the North American |
Industry Classification System; and
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(2) it is either (i) located in an Enterprise Zone |
established
pursuant to the Illinois Enterprise Zone Act or |
(ii)
located in a federally designated Foreign Trade Zone |
or Sub-Zone and is
designated a High Impact Business by the |
Department of Commerce and
Economic Opportunity; and
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(3) it is certified by the Department of Commerce and |
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Economic Opportunity as complying with the requirements |
specified in clauses (1) and (2)
of this Section.
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The Department of Commerce and Economic Opportunity shall |
determine the
period during which such exemption from the |
charges imposed under Section
9-222 is in effect which shall
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not exceed 30 years or the certified term of the enterprise |
zone,
whichever period is shorter, except that the exemption |
period for a business enterprise qualifying under item (iii) of |
clause (1) of this Section shall not exceed 30 years.
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The Department of Commerce and Economic Opportunity shall |
have the power to
promulgate rules and regulations to carry out |
the provisions of this
Section including procedures for |
complying with the requirements specified
in clauses (1) and |
(2) of this Section and procedures
for applying for the |
exemptions authorized under this Section; to
define the amounts |
and types of eligible investments which
business enterprises |
must make in order to receive State utility tax
exemptions |
pursuant to Sections 9-222 and 9-222.1 of this Act; to approve
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such utility tax exemptions for business enterprises whose |
investments are
not yet placed in service; and to require that |
business enterprises granted
tax exemptions repay the exempted |
tax should the business enterprise fail
to comply with the |
terms and conditions of the certification. However, no
business |
enterprise shall be required, as a condition for certification
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under clause (3) of this Section, to attest that its
decision |
to invest under clause (1) of this Section and
to locate under |
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clause (2) of this Section is predicated
upon the availability |
of the exemptions authorized by this Section.
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A business enterprise shall be exempt, in whole
or in part, |
from the pass-on charges of municipal utility taxes imposed
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under Section 9-221, only if it meets the criteria
specified in |
clauses (1) through (3) of this Section and
the municipality |
has adopted an ordinance authorizing the
exemption under |
paragraph (e) of Section 8-11-2 of the Illinois Municipal
Code. |
Upon certification of the business enterprises by the
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Department of Commerce and Economic Opportunity, the |
Department of Commerce
and Economic Opportunity shall notify |
the Department of Revenue of such
certification. The Department |
of Revenue shall notify the public utilities
of the exemption |
status of business enterprises from the pass-on charges of
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State and municipal utility taxes. Such exemption status shall |
be
effective within 3 months after certification of the |
business enterprise.
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(Source: P.A. 96-716, eff. 8-25-09; 96-865, eff. 1-21-10.)
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Section 99. Effective date. This Act takes effect upon |
becoming law.
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