Peoria Rural Economic Zone
The Illinois Enterprise Zone Program is designed to stimulate economic growth and neighborhood revitalization in economically depressed areas of the state. This is accomplished through state and local tax incentives, regulatory relief, and improved governmental services. Benefits include: property tax abatement, permit fee waivers, jobs tax credit, dividend income deduction. interest deduction, contribution deduction, building material sales tax exemption, machinery & equipment/pollution control facilities sales tax deduction, utility tax exemption, and investment tax credit.
Explore Hanna City’s Enterprise Zone (coming soon)
If you have received a building permit and would like to explore leveraging the enterprise zone program, please review the attached form and make an appointment to meet with the Village Administrator.