What does the Fairmont City/Caseyville/Brooklyn Enterprise Zone mean for me?
Contractors and other entities participating in a real estate construction, rehabilitation, or renovation project in an Enterprise Zone may purchase building materials for the project exempt from sales tax.
The building materials exemption will be available only to those contractors or other entities with a certificate issued by the Illinois Department of Revenue.
This webpage provides a brief description of the requirements. For complete information about what you need, visit the Illinois Department of Revenue’s “Business Incentives Reporting and Building Materials Exemption Certification” page.
Where is the Fairmont City/Caseyville/Brooklyn Enterprise Zone?
The Enterprise Zone covers all three cities. Complete zone coverage is found on the Fairmont Caseyville Brooklyn Enterprise Zone Map
Who is eligible for a Building Materials Exemption Certificate?
Each construction contractor or other entity that purchases building materials to be incorporated into real estate in an Enterprise Zone or by rehabilitation, remodeling or new construction.
How do I apply for a Building Materials Exemption Certificate?
Applicants must complete the Application for Building Materials Tax Exemption
The Zone Administrator must then submit those applications on behalf of those construction contractors or other entities purchasing materials to incorporate into real estate in an Enterprise Zone.
All applications must be submitted through the “Business Incentives Reporting and Building Materials Exemption Certification” link at the Department of Revenue’s website, at tax.illinois.gov. This is done by the Zone Administrator.
Who is the Zone Administrator?
Mr. Robert Allen
City Hall Annex, 2568 N 41st St, Ste C
Fairmont City, Illinois 62201
What information does a Zone Administrator have to provide to apply for an exemption certificate?
Required information can be found on the Application for Building Materials Tax Exemption. It includes: Name, address and e-mail address of the construction contractor or other entity seeking a certificate,
Name of the Enterprise Zone,
The address (or location) of the project,
The estimated amount of the exemption based on the percentage of the contract that consists of materials, and
Federal Employer Identification Number (FEIN) or Applicant ID
IMPORTANT: If you are a sole proprietor using a Social Security Number (SSN) as your business identification number, you must first obtain an “Applicant ID” through the Building Materials Exemption Certificate program to complete your application.
How long will it take for an exemption certificate to be issued?
The Department of Revenue will issue an exemption certificate within 72 hours of receiving an application.
How long is a certificate valid?
A maximum of 2 years
When will contractors and other entities have to begin using Department of Revenue-issued certificates?
January 01, 2016
What are the penalties for misuse of an exemption certificate?
Certificate holders are responsible for ensuring that their certificates are used only to make qualified purchases. A certificate holder who uses the certificate or allows it to be used to improperly avoid tax will be assessed taxes and penalties on the purchase, an additional monetary penalty equal to the state and local sales taxes on the purchase, and may be barred from securing certificates.