Zone administrator Reporting Requirements

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By Paul Berks
Deputy General Counsel
Illinois Department of Revenue

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Zone administrator Reporting Requirements

  1. 1. April 25, 2013Paul Berks, Deputy General CounselIllinois Department of Revenue
  2. 2.  Purpose Implementation Frequently Asked Questions Compliance
  3. 3.  Are Tax Incentives Furthering Public Policy Goals? Do The Benefits of the Tax Incentives Outweigh theCosts? GOOD GOVERNMENT PROJECT: The State ShouldKnow Whether Its Programs Are Working and WhatThey Cost.
  4. 4.  How do you calculate full time employees?◦ Take all the people who work at the site (includeemployees, contractors, hourly, salaried, etc . . .)◦ Divide total hours worked by 1820 How do we account for residential projects?◦ You don’t because you can’t – no tracking, ownersnot always aware of benefits◦ NEXT YEAR: building material exemptioncertificates include a reporting requirement
  5. 5.  What is a “retained job?”◦ Retained jobs means any full-time equivalent jobpreserved at a specific facility or site, that wasthreatened to be lost by a specific anddemonstrable threat, that is specified in theapplication for development assistance.
  6. 6.  Over 2/3 compliance rate – Thankyou. 31 Zone Administrators have notfiled reportsCentralia Area
  7. 7. Chicago Heights
  8. 8.  Chicago I Chicago II Chicago III Chicago IV Chicago V Chicago VI
  9. 9.  Des Plaines River Valley East St. Louis Area Elgin
  10. 10.  Ford Heights/Sauk Village Freeport/Stephenson County Greenville/Smithboro
  11. 11.  Jackson County Lawrenceville/Lawrence County Macoupin County Massac County
  12. 12.  Maywood Montgomery County Perry Quad Cities
  13. 13.  Robinson/Crawford County Salem/Marion County Saline County
  14. 14.  South Beloit/Rockton/WinnebagoCounty Streator Area Summit/Bedford Park
  15. 15.  Vandalia/FayetteCounty/Brownstown Waukegan/North Chicago Western Illinois EconomicDevelopment Authority
  16. 16.  Tax.illinois.gov (look for “EZ Reporting” Tab) E-mail address Last Resort: Call or e-mail me: PaulBerks, (312)814-4680 ;paul.berks@illinois.gov

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