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Tue October 22, 2013
ADM Incentives Vote On Hold
The sponsor of a bill to give Archer Daniels Midland Company up to $24 million in tax breaks to keep its headquarters in Illinois opted not to call it for a vote Tuesday.
The House Revenue and Finance Committee had been scheduled to consider the bill. But Rep. John Bradley, a Democrat from Marion, took it off the agenda.
Bradley says the incentives for ADM and several other companies ``are all under consideration.'' He declines to say when or if the bill will get a vote.
In an email, an ADM spokesman says the company is still in discussions with officials and has no update.
ADM announced last month it plans to move its global headquarters from Decatur to a location with better international access.