enterprise zone

Some will expire in 2013
3:27 pm
Tue May 1, 2012

Enterprise Zones in Illinois Near End

The legislation that established Enterprise Zones in Illinois was passed in the mid-1980s. Many are nearly at the end of their 30 year lifespan.

Enterprise zones abate the property taxes on improvements for up to 10 years. The zones also offer a state sales tax exemption on building materials that are purchased in the state and are used in an enterprise zone.

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