92nd General Assembly
Status of HB2180
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 Full Text  Bill Summary

   New Act                                                                     
   30 ILCS 105/5.545 new                                                       

        Re-enacts the provisions of the East St. Louis  Area  Development      
   Act as the East St. Louis Area Development Act of 2001. Also creates a      
   demonstration  enterprise  zone  in  the East St. Louis area. Provides      
   that the East St. Louis  Area  Development  Authority  shall  exercise      
   authority  over  the  zone  regarding  specified matters. Provides for      
   operation of the zone and for  the  creation  of  an  Enterprise  Zone      
   Assistance Fund. Amends the State Finance Act to create the Enterprise      
   Zone Assistance Fund. Effective immediately.                                
          FISCAL NOTE (East St. Louis Financial Advisory Authority)            
          Estimated costs are as follows:                                      
          Authority administrative and support costs                           
           First year                                          $  500,000      
           Second year                                            450,000      
           Third year                                             450,000      
          Long range comprehensive master plan                                 
           First year                                          $  250,000      
           Second year                                                -0-      
           Third year                                             100,000      
          Neighborhood comprehensive redevelopment plan                        
           First year                                          $  150,000      
           Second year                                            150,000      
           Third year                                             150,000      
          Initial study                                                        
           First year                                          $  100,000      
           Second year                                                -0-      
           Third year                                                 -0-      
          Enterprise zone assistance fund                                      
           First year                                          $2,000,000      
           Second year                                          2,000,000      
           Third year                                           2,000,000      
   FEB-22-2001  H  FILED WITH CLERK                                               
   FEB-22-2001  H  FIRST READING                                                  
   FEB-22-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-23-2001  H       ASSIGNED TO COMMITTEE               URBAN REVITAL         
   MAR-06-2001  H                         FISCAL NOTE FILED                       
   MAR-06-2001  H                   COMMITTEE               URBAN REVITAL         
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary