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July 31, 2014, 8:45 pm
970 WMAY News

Former Foes Work Together To Save ADM Tax Credit Bill


Two former political opponents are now working together in hopes of salvaging a tax incentive plan that they say could mean hundreds of much-needed jobs for Decatur. 

 

State Senator Andy Manar and Decatur Mayor Mike McElroy… who lost to Manar in that state senate race… are both urging an Illinois House vote on a tax credit plan for Archer Daniels Midland.  The deal would give ADM tax credits in exchange for keeping its global headquarters in Illinois… and for creating hundreds of new jobs in Decatur to replace those lost when the global HQ is relocated to the Chicago area. 

 

But their efforts may have hit a wall this week… when House Speaker Mike Madigan came out against what he calls “tax giveaways” for CEOs and “millionaire shareholders.”

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