The Illinois Department of Commerce and Economic Opportunity (DCEO) gave a $100,000 grant to help "with the costs associated with hosting the Canadian 4th of July Celebration."
The Illinois Department of Commerce and Economic Opportunity (DCEO) gave $50,000 to promote awareness of Chicago and Illinois in the Republic of Ireland.
The Problem The State of Illinois spends around $50 million per year on tourism. Revenue from the Hotel Operators’ Occupation Tax, which is 6 percent of 94 percent of gross rental receipts, funds tourism spending. Revenue from the hotel tax also goes towards the Build Illinois Fund, the Illinois Sports Facilities Fund, and the General...
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...