SPRINGFIELD – A measure sponsored by State Senator Doris Turner (D-Springfield) that will extend the Enos Park tax increment financing district was signed into law by the governor on Tuesday.

“This is a major win for Springfield, the Enos Park Neighborhood and the Mid Illinois Medical District,” Turner said. “The Enos Park TIF district has been instrumental in revitalizing our neighborhoods and a great tool in the expansion of the central Illinois region.”

Senate Bill 1139 will extend the Tax Increment Financing (TIF) district in Enos Park for another 12 years. The legislation will provide extra support to keep independent small businesses and neighborhoods alive by permitting local municipalities to use TIF funds to establish loans and grants.

The newly built YMCA on Carpenter Street is an example of the success the TIF district has brought to the community.

Senate Bill 1139 was signed into law by Gov. JB Pritzker and takes effect Jan. 1, 2022