ENTERPRISE ZONE-HIGH IMPACT Senate SponsorsSen. Chapin Rose, William E. Brady-Andy Manar-Julie A. Morrison-Michael W. Frerichs and Napoleon Harris, III House Sponsors(Rep. Adam Brown) 1/13/2015SenateSession Sine Die New ActCreates the Illinois Economic Development Act of 2013. Contains only a short title provision.Senate Floor Amendment No. 1 Deletes reference to:New ActAdds reference to:20 ILCS 655/5.5from Ch. 67 1/2, par. 609.135 ILCS 200/18-165Replaces everything after the enacting clause. Amends the Illinois Enterprise Zone Act. Provides that a business that intends to (i) make a minimum investment of $500,000,000, which will be placed in service in a qualified property, (ii) create 125 full-time equivalent jobs at a designated location in Illinois, and (iii) establish a fertilizer plant at a designated location in Illinois may be designated as a high impact business. Amends the Property Tax Code to provide for an abatement of property taxes for property of any commercial or industrial development of at least 225 (instead of 500) acres. Effective immediately. 1/24/2013SenateFiled with Secretary by Sen. John J. Cullerton 1/24/2013SenateFirst Reading 1/24/2013SenateReferred to Assignments 3/13/2013SenateAssigned to Executive 3/20/2013SenateDo Pass Executive; 010-000-000 3/20/2013SenatePlaced on Calendar Order of 2nd Reading March 21, 2013 3/29/2013SenateChief Sponsor Changed to Sen. Chapin Rose 4/10/2013SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Chapin Rose 4/10/2013SenateSenate Floor Amendment No. 1 Referred to Assignments 4/10/2013SenateSenate Floor Amendment No. 1 Assignments Refers to State Government and Veterans Affairs 4/10/2013SenateAdded as Co-Sponsor Sen. William E. Brady 4/11/2013SenateSenate Floor Amendment No. 1 Recommend Do Adopt State Government and Veterans Affairs; 012-000-000 4/16/2013SenateSecond Reading 4/16/2013SenateSenate Floor Amendment No. 1 Adopted; Rose 4/16/2013SenatePlaced on Calendar Order of 3rd Reading April 17, 2013 4/17/2013SenateAdded as Chief Co-Sponsor Sen. Andy Manar 4/17/2013SenateAdded as Chief Co-Sponsor Sen. Julie A. Morrison 4/17/2013SenateAdded as Chief Co-Sponsor Sen. Michael W. Frerichs 4/23/2013SenateAdded as Co-Sponsor Sen. Napoleon Harris, III 4/23/2013SenateThird Reading - Passed; 051-000-000 4/24/2013HouseArrived in House 4/24/2013HouseChief House Sponsor Rep. Adam Brown 4/29/2013HouseFirst Reading 4/29/2013HouseReferred to Rules Committee 1/13/2015SenateSession Sine Die