Saturday, Aug 23, 2014
Quincy, IL News - QuincyJournal.com
Trending on the Journal

Related Headlines

Harsh weather undercuts ADM profit

Madonna House awarded several grants

ADM subsidiary admits overseas bribery, fined

No more handouts? Did ADM sour IL on tax breaks?

ADM to move headquarters to Chicago Updated

Recent Comments

whiner1 - Ferguson police officer was badly beaten before shooting Michael Brown - Quincy, IL News - QuincyJou
Thank you for a well thought out explanation of the plight of the black man in America.
whiner1 - Ferguson police officer was badly beaten before shooting Michael Brown - Quincy, IL News - QuincyJou
Just one more racist know-it all. So sad.
LNeck2012 - City of Quincy looking to buy new garbage and recycle fleet - Quincy, IL News - QuincyJournal.com
Incorrect. They are to lead based on what their constituents want.
UrKidsWillPay - QND sees slight enrollment dip - Quincy, IL News - QuincyJournal.com
As the parent of QND grads and a QND alum myself and the parent of current QHS students, I can say that the biggest advantage that QND supplies to its graduates is the intangible "cache" attached to a private school education. College admissions and job recruiters look at and react to the private school education differently than they do to a public school education. This is not without good reason…
MountainMan - City of Quincy looking to buy new garbage and recycle fleet - Quincy, IL News - QuincyJournal.com
It seems pretty obvious his point was, business "A" trying to make a living is interfering with the city of Quincy to do a cheaper job so to make things "fair" we will just make it illegal to do business with anyone other than us. Seems kind of tyrannical in a way, which to me goes against the principals of the constitution.

Most Popular

Ferguson police officer was badly beaten before shooting Michael Brown

Liberty woman dies in early morning crash

Adams Co. Divorces for August 16, 2014

Driver in fatal Liberty crash now facing charges Updated

Six Quincy property owners face deadline

QPD no longer looking for missing Quincy man Updated

Brown departing as executive director of The District

Quincy rated as sixth most affordable city in Illinois

Illinois Senate advances ADM tax break bill, House fails to act

Illinois Senate advances ADM tax break bill, House fails to act

8 months, 2 weeks ago Reuters

Bill not expected to be taken up till Spring session

From Reuters:

The Illinois Senate on Tuesday passed a bill that would offer incentives for Archer Daniels Midland Co to keep its global headquarters in Illinois.

ADM has been the dominant corporate presence in the central Illinois city of Decatur for 44 years. Its disclosure in September that it was seeking a new global headquarters shook Decatur and brought other cities, including Chicago, into a contest to land a new corporate nameplate.

The bill would provide tax benefits worth between $20 million and $25 million over the next 15 to 20 years. In exchange, ADM would locate its global headquarters in Chicago, moving 100 jobs there, while also adding 100 jobs a year in Decatur over 5 years.

"It facilitates job creation both in the City of Chicago and a downstate community," said State Sen. Andy Manar, a Democrat, who sponsored the bill. "Those are two areas of the state that typically get pitted against each other."

The Senate voted 39-14 during a one-day session of the state legislature that was called mainly to address pension reform in Illinois. It was not immediately known when the House may vote on the bill.

"Given that the House did not act, we will review our options," said ADM spokeswoman Jackie Anderson. "We expect to make an announcement soon."

Click Here to Read Full Article


From the Newsroom

Bob Gough on Twitter

Bob Gough 9 hours, 59 minutes ago

RT @dhiggins63: Obama partied during, before and after the beheading of an American-citizen... Never had a POTUS more lacking in #Compassio…
QuincyJournal on Twitter

QuincyJournal 10 hours, 39 minutes ago

Adams Co. Jail committee begins exploratory process - Newly-formed committee wants to inform the public about the ... http://t.co/3FkjZerFJp
Bob Gough on Twitter

Bob Gough 10 hours, 46 minutes ago

RT @OU_Football: University of Oklahoma Statement on Dorial Green-Beckham Ruling by NCAA http://t.co/U2cfG4Fk9c
Bob Gough on Twitter

Bob Gough 10 hours, 48 minutes ago

RT @BruceFeldmanCFB: NCAA has denied Dorial Green-Beckham's appeal for immediate eligibility at #OU. #Mizzou