Illinois’ workers’ compensation system costs taxpayers $1 billion per year, and employers repeatedly cite hefty workers’ compensation costs as a driving factor in fleeing the state for friendlier business climates. High workers’ compensation costs most directly affect labor-intensive blue-collar employment sectors – which have struggled to regain their footing in Illinois since the Great Recession. Despite mounting evidence that workers’ compensation...

The state agreed to the tax credits in exchange for Capital One hiring 210 new employees and retaining 900.

Illinois’ EDGE tax credit program expired April 30; however, proponents of EDGE have passed a one-month extension in the Illinois House of Representatives.