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Tax credit plan gets House OK

Published: Saturday, May 31, 2014 1:15 a.m. CST

SPRINGFIELD (AP) – Illinois lawmakers have advanced a plan to expand tax credits to small businesses with the idea that it’ll create jobs in areas of high unemployment and poverty.

The House voted 107-4 Friday to approve House Speaker Michael Madigan’s plan to change the state’s EDGE tax credit program.

Supporters say it’ll stop businesses from asking lawmakers for special deals.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
 

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