SB0043sam002 96TH GENERAL ASSEMBLY

Sen. James F. Clayborne Jr.

Filed: 3/12/2009

09600SB0043sam002 LRB096 03898 RLC 22323 a

AMENDMENT TO SENATE BILL 43

AMENDMENT NO. ______. Amend Senate Bill 43, AS AMENDED, by replacing the underscored language in the definition of "public works" in Sec. 2 of Section 5 with the following: ". Public works" also includes (1) all projects located in an enterprise zone as defined in the Illinois Enterprise Zone Act, excepting projects performed by a business enterprise located in an enterprise zone where that business enterprise existed prior to the adoption of an initiating ordinance pursuant to subsection (a) of Section 5 of the Illinois Enterprise Zone Act, or projects located in an economic development project area as defined in the Economic Development Project Area Tax Increment Allocation Act of 1995, excepting projects performed by a business enterprise located in an economic development project area where that business enterprise existed prior to a municipality initiating an economic development plan as defined in the Economic Development Project Area Tax Increment Allocation Act of 1995, or (2) regardless of the exceptions contained in clause (1), any project that will derive a financial benefit, in whole or in part, from loans, grants, subsidies, incentives, or other financial benefit made available pursuant to the Illinois Enterprise Zone Act or the Economic Development Project Area. Provided however, "Public works" shall not include projects at an owner-occupied single family residence, excepting single-family tract housing, or at an owner-occupied multi-family residence with 6 or fewer units located in an enterprise zone or an economic development project area".