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What is the Enterprise Zone?

The Illinois Enterprise Zone Act was signed into law December 7, 1982.  The purpose of the Act is to stimulate economic growth and neighborhood revitalization in economically depressed areas of the state.  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, thus providing an economic stimulus to an area that would otherwise be neglected.


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