Illinois International Port District
Grantee, Foreign-Trade Zone #22
A foreign-trade zone is a designated location in the United States where companies can use special procedures that help encourage U.S. activity and value added – in competition with foreign alternatives – by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings. All designated sites must be approved for FTZ status by the Foreign-Trade Zones Board, a division of the Department of Commerce.
A site which has been granted zone status may not be used for zone activity until the site has been separately approved for FTZ activation by local U.S. Customs and Border Protection (CBP) officials, and the zone activity remains under the supervision of CBP. FTZ sites and facilities remain within the jurisdiction of local, state, or federal governments or agencies.
Benefits of an FTZ designated site to the community include:
- Helping to facilitate and expedite international trade.
- Providing special customs procedures as a public service to help firms conduct international trade related operations in competition with foreign plants.
- Encouragement and facilitation of exports.
- Helping to attract offshore activity and encouraging retention of domestic activity.
- Assisting state/local economic development efforts.
- Helping to create employment opportunities.
As Grantee of FTZ#22, the Illinois International Port District accepts applications for potential FTZ sites within Cook, Lake, McHenry, Kane, DeKalb, DuPage, Will, Kendall, and Grundy counties. Applications may be found on the Import Administration website, http://ia.ita.doc.gov/ftzpage/index.html, under the link “How To Apply.” The correct application form to use is “ASF Minor Boundary Modifications (Usage-Driven Sites).”
The application process is as follows:
- Potential site operator submits application and required fee to the Illinois International Port District (Grantee).
- Grantee reviews application, attaches concurrence letter, and forwards application to CBP and the FTZ Board for further review.
- CBP inspects site and issues concurrence letter to Grantee and FTZ Board.
- FTZ Board reviews/approves application.
- Operating Agreement is executed between Grantee and Site Operator.
- First annual fee becomes due.
- Operator asks for formal activation from CBP.
Further information may be found on the FTZ Board Import Administration website, or by calling the Illinois International Port District at (773) 646-4400.
Click here for a list of FTZ Operators