WJBD Radio

Images

Now Playing

Local News

WJBD - Local News - Senate Adjourns Without Voting on Tax Breaks

Senate Adjourns Without Voting on Tax Breaks

SPRINGFIELD, Ill. (AP) - The Illinois Senate has adjourned its fall session without voting on tax breaks for Archer Daniels Midland Company or the newly merged OfficeMax and Office Depot.

Sen. Tom Cullerton is sponsor of the bill to give up to $53 million in tax breaks to Office Depot Inc., which emerged from the merger of Naperville-based OfficeMax and Florida-based Office Depot. He expects lawmakers will return to Springfield in December to deal with the state pension crisis. Cullerton says some legislators wanted to wait to give out tax breaks until after they'd passed pension reform.

Sen. Andy Manar is sponsor of the ADM bill. He says he feels progress has been made on the $30 million ADM bill.   The incentives are aimed at getting the companies to keep their headquarters in Illinois.

See other LocalNews news:

IDNR Funding Available to Seal Abandoned Oil Wells
Deadline for Applefest Vendors Approaching
Central City Schools Tentative Budget in the Black for First Time in Five Years
Governor Signs New Regulations To Prevent Concussions
Quinn Says Illinois Economy Is Strong, Despite BLS Numbers




This Site logo