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Barbara Flynn Currie

Effort stalls to revamp Illinois' corporate tax breaks program

Effort stalls to revamp Illinois' corporate tax breaks program

A year ago, lawmakers imposed a moratorium on special tax incentives used to help keep companies — and their jobs — in Illinois. They also created a committee to examine whether the program, which also rewarded companies even as they laid off workers, needed changes.

If there was a sense of urgency to revamp the program, described as essential to the state's economic vitality, it has since evaporated.

"With a new sheriff in town, things might look a little different," said House Majority Leader Barbara Flynn Currie, D-Chicago. She was referring to Gov.-elect Bruce Rauner, a Republican, who has criticized the program and has said it needs to be reformed...

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