tax credits

Downstate Congressman John Shimkus will help negotiate the final version of the Republican tax reform bill. 

A day after praising a tentative deal in Illinois' school funding fight, Gov. Bruce Rauner is giving it mixed reviews. 

Flickr Creative Commons/U.S. Department of Agriculture

Two Illinois lawmakers have proposed a plan to offer tax credits to biotechnology businesses in hopes of boosting agricultural jobs in central Illinois.  The legislation, introduced by Republican state Sen. Chapin Rose of Mahomet and Democratic state Sen. Andy Manar of Bunker Hill, would provide incentives to produce and sell new renewable products made from biomass and other renewable sources.

Cass Herrington / Peoria Public Radio

A new converted residential space is opening its doors for potential tenants in Peoria’s Warehouse District. The Winkler Loft building was built in the 1926 to house Roszell’s Dairy. It later became home to Winkler Meats, which operated in the building until last year. 

The industrial building stayed in the family and is now being marketed as a 28-unit urban loft complex, with with 10,000 square feet of commercial space on the first floor. 

Peoria Mayor Jim Ardis praised the development during a ribbon cutting ceremony Mon.