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SEP 29, 2013 - Huffington Post

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Illinois Lawmakers Considering Tax Breaks To Keep Agribusiness Giant ADM From Relocating

CHICAGO -- Illinois lawmakers are considering a tax incentive package in hopes of persuading agribusiness giant Archer Daniels Midland Company not to move its global headquarters out of the state. The proposal filed Friday in the Illinois House would give ADM a 10 percent break on utility taxes for up to 30 years and a credit against some state income tax withholdings. The value of the incentives was not disclosed. The package was introduced by state Rep. John Bradley, a Democrat from Marion who is chairman of the House Revenue and Finance Committee. The committee is scheduled to meet ... Read More

Tags: Illinois Lawmakers Considering Tax Breaks To Keep Agribusiness Giant ADM From Relocating,  Rahm Emanuel Latest News