tax incentive en Illinois Loses Office Depot, Is ADM Next? <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>A newly merged Office Depot chose to locate its headquarters in Florida, instead of Illinois. A Republican candidate for governor says Illinois needs to hurry if it doesn't want a similar fate with Archer Daniels Midland.</p><p></p><p><span style="line-height: 1.5;">Archer Daniels Midland is based in Decatur now, and no matter what plans to keep many of its operations there. But it's searching for a new worldwide headquarters.</span></p><p>Chicago's in the running, but so are major cities.</p> Wed, 11 Dec 2013 00:11:00 +0000 Amanda Vinicky 14728 at Illinois Loses Office Depot, Is ADM Next? Satellite TV Tax Could Help ADM, Office Depot <p>Although pensions are atop the agenda Tuesday in Springfield, the Illinois General Assembly could consider a set of tax breaks for some of Illinois' biggest corporations.</p><p>Decatur-based Archer Daniels Midland is moving its corporate headquarters, and wants a tax break to remain in Illinois, most likely Chicago. Office Depot, newly merged with OfficeMax, is deciding whether to put its combined headquarters in Florida or Naperville.</p><p>The deal would let the companies keep money they deduct from employee paychecks for Illinois taxes.</p> Tue, 03 Dec 2013 12:00:30 +0000 Brian Mackey 14197 at Satellite TV Tax Could Help ADM, Office Depot Legislators Leave Capital, But They May Be Back <p>Illinois legislators wrapped up their two-week veto session this afternoon (Nov. 7), though they may be back in Springfield before the year's end.</p><p><span style="line-height: 1.5;">The General Assembly knocked one, big item off its to-do list: same-sex marriage. After intense lobbying on both sides, lawmakers on Tuesday sent the governor a measure that will allow gays and lesbians to marry.</span></p><p>The rest of the major issues on the General Assembly's agenda remain:</p><p>-a tax package crafted to ensure Archer Daniels Midland keeps its headquarters in Illinois is on hold</p> Thu, 07 Nov 2013 21:26:46 +0000 Amanda Vinicky 12572 at Legislators Leave Capital, But They May Be Back Legislators Set To Give Tax Breaks ... But Not Yet, ADM <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>State legislators are advancing a measure that attempts to lure chemical plant jobs to Illinois, but broader plans to offer companies like ADM incentives are not ready just yet.&nbsp;</p><p><span style="line-height: 1.5;">Archer Daniels Midland is the highest-profile case of a company looking for a tax break from the state, in exchange for creating jobs. In ADM's case, the company is looking to move its global headquarters from Decatur to ... maybe Chicago, maybe a city in another state.</span></p> Wed, 06 Nov 2013 12:46:00 +0000 Amanda Vinicky 12430 at Legislators Set To Give Tax Breaks ... But Not Yet, ADM Heavy Veto Session Agenda <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>Illinois legislators are scheduled to finish out their veto session this week. Their back-loaded agenda ranges from dealing with budget matters to social issues.</p><p><span style="line-height: 1.5;">The first week of the veto session late last month went by with little of substance accomplished.</span></p><p>But what the General Assembly didn't touch then is back now.</p><p>Like tax packages designed to keep companies, like Archer Daniels Midland, headquartered in Illinois.</p> Mon, 04 Nov 2013 12:22:00 +0000 Amanda Vinicky 12212 at Heavy Veto Session Agenda