Illinois issued more than $60 million in EDGE tax credits to Takeda Pharmaceuticals from 2003 to 2013, more than any other company received over that time.
Even after a 32 percent income tax hike, the Illinois General Assembly passed a state budget in 2017 that will generate an estimated $1.5 billion deficit in fiscal year 2018. That deficit is projected to grow to $2.15 billion in fiscal year 2019, according to the Governor’s Office of Management and Budget, or GOMB. The...
The Brandt Group of Companies inked a deal through Illinois’ state tax credit program and will receive property tax abatements from multiple local governments.
The Illinois House failed – by just one vote – to override Rauner’s veto of SB 1905, a ban of local Right-to-Work ordinances. But the bill is likely come back for another vote.
The Illinois House failed to override Gov. Bruce Rauner’s veto of Senate Bill 1905. If passed, the bill would criminalize local officials for enacting Right-to-Work ordinances.