Rauner signs revamp of EDGE business tax-credit
Gov. Bruce Rauner has signed legislation that re-establishes an economic-development tax incentive with greater transparency.
The Republican signed the revamped EDGE tax credit law Monday. He says it’s a “bipartisan job-creation program that is innovative and competitive for business.”
The law expires in 2022.
Rauner says key parts of the plan include incentives to encourage companies to move or expand to economically challenged parts of the state and lower thresholds to allow more small businesses to grow.
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The Republican signed the revamped EDGE tax credit law Monday. He says it’s a “bipartisan job-creation program that is innovative and competitive for business.”
The law expires in 2022.
Rauner says key parts of the plan include incentives to encourage companies to move or expand to economically challenged parts of the state and lower thresholds to allow more small businesses to grow.
Click Here to read more.