GRAYSLAKE — Working together with local business leaders and colleagues in the Illinois Senate toward a more business-friendly Illinois, state Sen. Melinda Bush is pushing several pieces of legislation to lower fees, showcase small employers and retain businesses that border other states.

Senate Bill 1427, sponsored by Bush, clarifies the Department of Commerce and Economic Opportunity’s ability to issue EDGE tax credits to businesses that choose to remain in Illinois. Other states count retained employees toward the tax credits, something this proposal formalizes.

“As we work to ensure businesses stay in Illinois, we want to use every tool available,” Bush said. “Other states count retained workers toward tax credits. This helps us stay competitive.”

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The governor’s proposed budget reduces state funding to the Local Government Distributive Fund, which provides a share of income taxes to local governments. Here’s how much individual cities in the 31st District would lose.


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Natural Disaster Tax Credit

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