ADMINISTRATIVE CODE

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  3. TITLE 14: COMMERCE
  4. PART 524 RIVER EDGE REDEVELOPMENT ZONE PROGRAM
TITLE 14: COMMERCE
SUBTITLE B: CONSUMER PROTECTION
CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY
PART 524 RIVER EDGE REDEVELOPMENT ZONE PROGRAM
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SUBPART A: RIVER EDGE REDEVELOPMENT ZONES IN ILLINOIS

Section 524.10 Purpose
Section 524.20 Definitions

SUBPART B: APPLICATION FOR CERTIFICATION

Section 524.110 Eligible Applicants
Section 524.120 Eligibility Criteria
Section 524.130 Form of Application
Section 524.140 Application Procedures
Section 524.150 Application Evaluation and Ranking
Section 524.160 Certification

SUBPART C: AMENDMENT AND DECERTIFICATION

Section 524.210 Application to Amend an Ordinance
Section 524.220 Application to Change Boundaries
Section 524.230 Application to Change Incentives, Alter Termination Date, and Make Technical Corrections
Section 524.240 Decertification
Section 524.250 Adoption of Tax Increment Financing

SUBPART D: LOCAL RESPONSIBILITIES

Section 524.310 Zone Administration
Section 524.320 Business Cessation Notification

SUBPART E: DESIGNATED ZONE ORGANIZATIONS

Section 524.410 General
Section 520.420 Project Eligibility and Approval
Section 524.430 Charitable Contributions

SUBPART F: TAX INCENTIVES

Section 524.510 List of Available Tax Incentives
Section 524.520 Investment Tax Credit
Section 524.530 River Edge Construction Jobs Tax Credit
Section 524.540 Environmental Remediation Tax Credit
Section 524.550 Dividend Income Deduction
Section 524.560 Interest Income Deduction
Section 524.570 Building Materials Sales Tax Exemption

SUBPART G: RIVER EDGE REDEVELOPMENT GRANT PROGRAM

Section 524.610 Purpose
Section 524.620 Application Cycle
Section 524.630 Eligible Program Costs
Section 524.640 Grant Application
Section 524.650 Review of Grant Applications
AUTHORITY: Implemented and authorized by Section 10-6 of the River Edge Redevelopment Zone Act [65 ILCS 115/10-6].
SOURCE: Adopted by emergency rule at 30 Ill. Reg. 17575, effective October 23, 2006, for a maximum of 150 days; emergency rules modified pursuant to Joint Committee on Administrative Rules Objection at 31 Ill. Reg. 2680, effective January 22, 2007, for the remainder of 150 days; adopted at 31 Ill. Reg. 5509, effective March 20, 2007; amended at 38 Ill. Reg. 3350, effective January 15, 2014; amended at 46 Ill. Reg. 1834, effective January 11, 2022.