Tag Archives: tax credit program

ILN Today Post

Illinois: Amazon.com tax incentive may be last deal for some time

A year ago, we addressed Illinois Gov. Bruce Rauner’s revival of the state’s Economic Development for a Growing Economy (EDGE) tax credit program, which is designed to give firms a reason to create new, full time jobs and make capital investments in the state. For example, EDGE is the tax incentive program that officials used in 2015 when they awarded incentives to ConAgra in connection with their relocation from Omaha to Chicago.

EDGE operates under Illinois’ Department of Commerce and Economic Opportunity. In its latest annual report, for 2015, the Department noted a few improvements that it and Gov. Rauner made after he took office in January 2015 to make sure that the state’s investments were fiscally responsible, and that they appropriately balanced investment with benefits.

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