tax breaks

Enterprise zones
3:44 pm
Tue August 7, 2012

Quinn signs extension of tax breaks for Illinois businesses

Ill. Gov. Pat Quinn has signed legislation extending a widely used economic development tool.
(via Flickr/ChrisEaves.com)

Illinois Gov. Pat Quinn has signed legislation that extends the life span of a popular economic development tool in the state.

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Auto parts tax break
5:28 pm
Wed April 25, 2012

Auto parts tax break endorsed by Mo. House

Mo. Capitol
(Marshall Griffin/St. Louis Public Radio)

The Missouri House has given first-round approval to legislation that would expand tax breaks for auto parts manufacturers.

Ford and General Motors already have access to the incentives.  State Rep. Chuck Gatschenberger (R, Lake St. Louis), the bill’s sponsor, says it would expand the benefit to smaller auto parts builders.

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Illinois Tax Breaks
12:09 pm
Tue January 10, 2012

Quinn signs earned-income tax credit aimed at helping poor Ill. families

An interior look at the dome of the Illinois State Capitol building in Springfield, Ill.
(via Flickr/jglazer75)

Legislation that's aimed at helping poor Illinois families keep more of what they earn is now law.

Gov. Pat Quinn on Tuesday signed the legislation that expands the state's earned-income tax credit. It's now 5 percent of the federal credit, would climb to 7.5 percent next year and 10 percent the year after.

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Illinois Tax Breaks
4:42 pm
Fri December 16, 2011

Quinn signs tax breaks for Sears, CME

The Illinois Capitol building in Springfield, Ill.
(via Flickr/jglazer75)

Illinois Gov. Pat Quinn has approved legislation designed to keep key companies from leaving the state.

The Democrat's office announced Friday that Quinn signed tax-break legislation directed at Sears and the Chicago Mercantile Exchange.

He did not take action on companion legislation that would provide tax relief for individuals and his office did not immediately say when he would.

Illinois Tax Breaks
4:00 pm
Tue December 13, 2011

Ill. Senate OKs tax breaks for business, families; goes next to Quinn

A interior view of the dome of the Illinois State Capitol building in Springfield, Ill.
(via Flickr/jglazer75)

Will be updated.

Illinois lawmakers have approved a $330 million package of tax relief to businesses and individuals.

The state Senate approved the business measure 44-9 on Tuesday. The individual tax relief passed 48-4. Both now go to Democratic Gov. Pat Quinn, a supporter.

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Illinois Tax Breaks
12:12 pm
Mon December 12, 2011

Ill. House OKs tax relief for businesses, families

A interior view of the dome of the Illinois State Capitol building in Springfield, Ill.
(via Flickr/jglazer75)

Will be updated. For the latest updates on this story, follow Illinois Public Radio reporter @AmandaVinicky on Twitter.

Updated 2:58 p.m. with input of Illinois Gov. Pat Quinn.

Updated 2:29 p.m. - replaces story on passage of bill for working poor with version encompassing passage of both bills.

The Illinois House has approved tax breaks for businesses, including some big names that are threatening to leave the state.

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