The Illinois Enterprise Zone Program is designed to stimulate economic growth and neighborhood revitalization. This is accomplished through state and local tax incentives, regulatory relief, and improved governmental services.
Businesses located (or those that choose to locate) in a designated enterprise zone can become eligible to obtain special state and local tax incentives, regulatory relief, and improved governmental services.
Businesses located or expanding in an Illinois enterprise zone may be eligible for the following incentives: an exemption on the retailers’ occupation tax paid on building materials(6.25%), and an investment tax credit of .5 percent of qualified property. Additional exemptions, such as an expanded state sales tax exemption on purchases of personal property used or consumed in the manufacturing process or in the operation of a pollution control facility and an exemption on the state utility tax for electricity, natural gas and the Illinois Commerce Commission’s administrative charge and telecommunication excise tax are available for companies that make the minimum statutory investment that either creates or retains the necessary number of jobs.
To receive a Certificate of Eligibility for Sales Tax Exemption, please complete the application below and submit to firstname.lastname@example.org. If you have any questions regarding the Village of Bensenville’s enterprise zone please contact Zone Administrator Scott Viger at (630) 350-3411.