Illinois Administrative Code
Title 14 - COMMERCE
Part 520 - ENTERPRISE ZONE AND HIGH IMPACT BUSINESS PROGRAMS
Subpart D - ENTERPRISE ZONE: LOCAL RESPONSIBILITIES
Section 520.420 - Business Cessation Notification
Current through Register Vol. 48, No. 12, March 22, 2024
a) Notification of Business Cessation. Section 11.1 of the Act requires a business located within an Enterprise Zone that has received tax credits or exemptions, regulatory relief, or any other benefits under the Act to notify the Department and the officials of the county and municipality in which the business is located, within 60 days after the cessation, of the cessation of business operations. For purposes of this regulation, business cessation shall mean:
b) Notice for Closed or Relocated Businesses. In the case of business cessation under the categories specified under subsections (a)(1) and (a)(2), notification shall consist of a letter from the person in charge at the affected facility identifying:
c) Notice for Acquired Businesses. In the case of a business cessation under the category specified in subsection (a)(3), notification shall consist of a letter from the person in charge at the affected facility identifying:
d) People to Notify. Notification of the business cessation shall be submitted to: