Illinois 2025-2026 Regular Session

Illinois Senate Bill SB1309 Latest Draft

Bill / Introduced Version Filed 01/28/2025

                            104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 SB1309 Introduced 1/28/2025, by Sen. Michael W. Halpin 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 Sterling. LRB104 09854 RTM 19922 b   A BILL FOR 104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 SB1309 Introduced 1/28/2025, by Sen. Michael W. Halpin SYNOPSIS AS INTRODUCED:  65 ILCS 115/10-5.3 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 Sterling.  LRB104 09854 RTM 19922 b     LRB104 09854 RTM 19922 b   A BILL FOR
104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 SB1309 Introduced 1/28/2025, by Sen. Michael W. Halpin SYNOPSIS AS INTRODUCED:
65 ILCS 115/10-5.3 65 ILCS 115/10-5.3
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 Sterling.
LRB104 09854 RTM 19922 b     LRB104 09854 RTM 19922 b
    LRB104 09854 RTM 19922 b
A BILL FOR
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  SB1309  LRB104 09854 RTM 19922 b
1  AN ACT concerning local government.
2  Be it enacted by the People of the State of Illinois,
3  represented in the General Assembly:
4  Section 5. The River Edge Redevelopment Zone Act is
5  amended by changing Section 10-5.3 as follows:
6  (65 ILCS 115/10-5.3)
7  Sec. 10-5.3. Certification of River Edge Redevelopment
8  Zones.
9  (a) Approval of designated River Edge Redevelopment Zones
10  shall be made by the Department by certification of the
11  designating ordinance. The Department shall promptly issue a
12  certificate for each zone upon its approval. The certificate
13  shall be signed by the Director of the Department, shall make
14  specific reference to the designating ordinance, which shall
15  be attached thereto, and shall be filed in the office of the
16  Secretary of State. A certified copy of the River Edge
17  Redevelopment Zone Certificate, or a duplicate original
18  thereof, shall be recorded in the office of the recorder of
19  deeds of the county in which the River Edge Redevelopment Zone
20  lies.
21  (b) A River Edge Redevelopment Zone shall be effective
22  upon its certification. The Department shall transmit a copy
23  of the certification to the Department of Revenue, and to the

 

104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 SB1309 Introduced 1/28/2025, by Sen. Michael W. Halpin SYNOPSIS AS INTRODUCED:
65 ILCS 115/10-5.3 65 ILCS 115/10-5.3
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 Sterling.
LRB104 09854 RTM 19922 b     LRB104 09854 RTM 19922 b
    LRB104 09854 RTM 19922 b
A BILL FOR

 

 

65 ILCS 115/10-5.3



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1  designating municipality. Upon certification of a River Edge
2  Redevelopment Zone, the terms and provisions of the
3  designating ordinance shall be in effect, and may not be
4  amended or repealed except in accordance with Section 10-5.4.
5  (c) A River Edge Redevelopment Zone shall be in effect for
6  the period stated in the certificate, which shall in no event
7  exceed 30 calendar years. Zones shall terminate at midnight of
8  December 31 of the final calendar year of the certified term,
9  except as provided in Section 10-5.4.
10  (d) In calendar years 2006 and 2007, the Department may
11  certify one pilot River Edge Redevelopment Zone in the City of
12  East St. Louis, one pilot River Edge Redevelopment Zone in the
13  City of Rockford, and one pilot River Edge Redevelopment Zone
14  in the City of Aurora.
15  In calendar year 2009, the Department may certify one
16  pilot River Edge Redevelopment Zone in the City of Elgin.
17  On or after the effective date of this amendatory Act of
18  the 97th General Assembly, the Department may certify one
19  additional pilot River Edge Redevelopment Zone in the City of
20  Peoria.
21  On or after the effective date of this amendatory Act of
22  the 103rd General Assembly, the Department may certify 2
23  additional pilot River Edge Redevelopment Zones, including one
24  in the City of Joliet and one in the City of Kankakee.
25  On or after the effective date of this amendatory Act of
26  the 103rd General Assembly, the Department may certify 7

 

 

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1  additional pilot River Edge Redevelopment Zones, including one
2  in the City of East Moline, one in the City of Moline, one in
3  the City of Ottawa, one in the City of LaSalle, one in the City
4  of Peru, one in the City of Rock Island, and one in the City of
5  Quincy.
6  On or after the effective date of this amendatory Act of
7  the 104th General Assembly, the Department may certify one
8  additional pilot River Edge Redevelopment Zone in the City of
9  Sterling.
10  After certifying the additional pilot River Edge
11  Redevelopment Zones authorized by the above paragraphs, the
12  Department may not certify any additional River Edge
13  Redevelopment Zones, but it may amend and rescind
14  certifications of existing River Edge Redevelopment Zones in
15  accordance with Section 10-5.4, except that no River Edge
16  Redevelopment Zone may be extended on or after the effective
17  date of this amendatory Act of the 97th General Assembly. Each
18  River Edge Redevelopment Zone in existence on the effective
19  date of this amendatory Act of the 97th General Assembly shall
20  continue until its scheduled termination under this Act,
21  unless the Zone is decertified sooner. At the time of its term
22  expiration each River Edge Redevelopment Zone will become an
23  open enterprise zone, available for the previously designated
24  area or a different area to compete for designation as an
25  enterprise zone. No preference for designation as a Zone will
26  be given to the previously designated area.

 

 

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