Ill. Lawmakers Look To Extend Substantial Biz Tax Credits

Law360, Springfield (March 16, 2017, 10:38 PM EDT) -- Three possible plans for keeping businesses in Illinois with tax credits emerged Thursday in the state's General Assembly, as an earlier program that doled out more than 800 such credits is set to expire by the end of April.

Illinois' current EDGE tax credit — short for Economic Development for a Growing Economy — is set to expire next month after a last-minute extension at the beginning of the year gave it a few more months to live. EDGE was originally adopted in 1999, and the state has approved more than 800 tax credits through 2015, according to the state's Department...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!