ILLINOIS ENTERPRISE ZONE PROGRAM
TAX QUESTIONS AND
ANSWERS
May 1996
The Illinois Enterprise Zone Act took effect December 7, 1982. An
enterprise zone is a specific area designated by the State of Illinois in
cooperation with a local government to receive various tax incentives and other
benefits to stimulate economic activity and neighborhood revitalization.
The Enterprise Zone Program is administered at the state level by the
Illinois Department of Commerce and Community Affairs. For general information
on the program, contact the Department at 312/814-2319 in Chicago, or at
217/785-6142 in Springfield. The hearing impaired may call at 312/419-0667 in
Chicago or at 217/785-6055 in Springfield.
Enterprise zones range from a half square mile to fifteen square miles.
ENTERPRISE ZONE TAX BENEFITS
The following summarizes the most often asked questions on the tax benefits
offered through the Enterprise Zone Program.
