IL lawmaker questions Quinn’s tax credit ‘moratorium’

Oct 8, 2013

One downstate legislator questions why legislation addressing the future of major corporations in Illinois has to come after a solution is found to the state pension crisis. 

Governor Pat Quinn has called for a ‘moratorium’ on tax credits for any corporation until the issue is solved. Democratic Senator Andy Manar of Bunker Hill says there’s no reason they can’t be done simultaneously:

“I do think it’s important that we be able to walk and chew gum at the same time.  I think there’s a multitude of challenges we face in the state, and I don’t understand why we can’t try to solve these challenges all at once.”

But the Senator vows to oppose any bill that results in a net job loss in Decatur, including a plan for 24-million dollars in tax breaks to move Archer Daniels Midland’s corporate headquarters elsewhere in the state.   

A spokeswoman for Quinn says he looks forward to ADM thriving in Illinois.  But Brooke Anderson denies the governor is holding up the tax measure for political reasons:

“For the governor, it’s not about politics, it’s about priorities.  For more than two years, we’ve been pushing for comprehensive pension reform.  The bill is still not on the governor’s desk.”

Many reports have cited Chicago as the likely new location for ADM headquarters, but spokeswoman Victoria Podesta will only say the city is one of some being considered that include an airport and easy access to customers.