Bill Text: IL HB5471 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Amends the River Edge Redevelopment Zone Act. Provides that the Department of Commerce and Economic Opportunity may certify one additional pilot River Edge Redevelopment Zone in the City of Quincy.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee [HB5471 Detail]

Download: Illinois-2023-HB5471-Introduced.html

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103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB5471 Introduced , by Rep. Randy E. Frese SYNOPSIS AS INTRODUCED:
65 ILCS 115/10-5.3
Amends the River Edge Redevelopment Zone Act. Provides that the Department of Commerce and Economic Opportunity may certify one additional pilot River Edge Redevelopment Zone in the City of Quincy.
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A BILL FOR
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AN ACT concerning local government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The River Edge Redevelopment Zone Act is
amended by changing Section 10-5.3 as follows:
(65 ILCS 115/10-5.3)
Sec. 10-5.3. Certification of River Edge Redevelopment
Zones.
(a) Approval of designated River Edge Redevelopment Zones
shall be made by the Department by certification of the
designating ordinance. The Department shall promptly issue a
certificate for each zone upon its approval. The certificate
shall be signed by the Director of the Department, shall make
specific reference to the designating ordinance, which shall
be attached thereto, and shall be filed in the office of the
Secretary of State. A certified copy of the River Edge
Redevelopment Zone Certificate, or a duplicate original
thereof, shall be recorded in the office of the recorder of
deeds of the county in which the River Edge Redevelopment Zone
lies.
(b) A River Edge Redevelopment Zone shall be effective
upon its certification. The Department shall transmit a copy
of the certification to the Department of Revenue, and to the

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designating municipality. Upon certification of a River Edge
Redevelopment Zone, the terms and provisions of the
designating ordinance shall be in effect, and may not be
amended or repealed except in accordance with Section 10-5.4.
(c) A River Edge Redevelopment Zone shall be in effect for
the period stated in the certificate, which shall in no event
exceed 30 calendar years. Zones shall terminate at midnight of
December 31 of the final calendar year of the certified term,
except as provided in Section 10-5.4.
(d) In calendar years 2006 and 2007, the Department may
certify one pilot River Edge Redevelopment Zone in the City of
East St. Louis, one pilot River Edge Redevelopment Zone in the
City of Rockford, and one pilot River Edge Redevelopment Zone
in the City of Aurora.
In calendar year 2009, the Department may certify one
pilot River Edge Redevelopment Zone in the City of Elgin.
On or after the effective date of this amendatory Act of
the 97th General Assembly, the Department may certify one
additional pilot River Edge Redevelopment Zone in the City of
Peoria.
On or after the effective date of this amendatory Act of
the 103rd General Assembly, the Department may certify 2
additional pilot River Edge Redevelopment Zones, including one
in the City of Joliet and one in the City of Kankakee.
On or after the effective date of this amendatory Act of
the 103rd General Assembly, the Department may certify one

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additional pilot River Edge Redevelopment Zone in the City of
Quincy.
After certifying the additional pilot River Edge
Redevelopment Zones authorized by the above paragraphs, the
Department may not certify any additional River Edge
Redevelopment Zones, but it may amend and rescind
certifications of existing River Edge Redevelopment Zones in
accordance with Section 10-5.4, except that no River Edge
Redevelopment Zone may be extended on or after the effective
date of this amendatory Act of the 97th General Assembly. Each
River Edge Redevelopment Zone in existence on the effective
date of this amendatory Act of the 97th General Assembly shall
continue until its scheduled termination under this Act,
unless the Zone is decertified sooner. At the time of its term
expiration each River Edge Redevelopment Zone will become an
open enterprise zone, available for the previously designated
area or a different area to compete for designation as an
enterprise zone. No preference for designation as a Zone will
be given to the previously designated area.
(e) A municipality in which a River Edge Redevelopment
Zone has been certified must submit to the Department, within
60 days after the certification, a plan for encouraging the
participation by minority persons, women, persons with
disabilities, and veterans in the zone. The Department may
assist the municipality in developing and implementing the
plan. The terms "minority person", "woman", and "person with a

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