Village of Bethalto
213 N. Prairie St., Bethalto, IL 62010
(618)377-8051 (Phone)
(618)377-5264 (Fax)

Enterprise Zone

Enterprise Zone Map

The Riverbend Enterprise Zone offers outstanding investment opportunities for companies seeking a full range of location or expansion incentives. Start-up costs and long-term operating costs can be significantly reduced through a combination of state and local tax incentives, low-cost financing, and employee training programs. It is simple to take advantage of zone incentives and a network of development professionals stand ready to assist.

  • Property tax abatement on increased assessed valuation due to new construction or renovation for four years
  • 6.60+% sales tax exemption on building materials
  • 1% investment tax credits on machinery, equipment and buildings
  • 0.5% investment tax credit for firms that increase their employment in Illinois by 1%
  • $500 jobs tax credit for each eligible new employee (minimum five eligible new hires in one year)
  • Deductions from state income tax on dividends paid by corporations doing substantial business within the zone
  • Low interest business financing program
  • Employment training assistance programs

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