Upcoming House Hearing Focuses on Illinois Tax and Tax Incentive Policies.
SBAC CEO, Elliot Richardson, to testify.
The Illinois House of Representatives is holding a hearing on EDGE Tax Credits and whether they are the best, or even an effective, way to stimulate the Illinois economy on Friday, January 17th, 2014. The hearing will be held at 10:30 am in room C-600 on the 6th floor of the Michael A. Bilandic Building in Chicago (160 N LaSalle).
Elliot Richardson and the Small Business Advocacy Council have been leading the fight for state policies that benefit all small and mid-market businesses. The SBAC is excited that the Illinois House will hold this hearing to discuss whether the economic juice resulting from awarding edge tax credits is worth the fiscal squeeze they cause the state to endure. The small business community also has its own ideas about what constitutes real economic development and SBAC members look forward to sharing some of those ideas with legislators at the hearing.