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April 19, 2014, 3:05 am

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Tax Breaks For Corporations Stalled in General Assembly


A bill that would have given tax breaks to Archer Daniels Midland and other Illinois corporations, in order to keep some of their jobs in the state, has stalled.

 

The Senate approved the $88 million package on Tuesday, but the House adjourned without acting on the bill, meaning nothing can happen until the legislature’s spring session.

 

ADM said in a statement that it is now reviewing its options about where to relocate its global headquarters, currently based in Decatur, and will have an announcement soon.

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