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Monthly Archives: November 2011

Lawmakers come up short on tax break deal for Sears, CME

Lawmakers come up short on tax break deal for Sears, CME

Illinois lawmakers adjourned Tuesday without reaching agreement on a tax-break package aimed at keeping two major employers from exiting the state…Doug Whitley, president of the Illinois Chamber of Commerce, expressed disappointment at the outcome, and suggested the problem stemmed from piling too many provisions into one bill. “Any time there’s a tax bill, it becomes a Christmas tree and legislators can’t keep themselves focused on the issue at hand,” he said.

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Ameren casts dark cloud over cleaner coal plant

Ameren casts dark cloud over cleaner coal plant

Six years ago, the backers of the $1 billion FutureGen project imagined a public-private partnership to produce a first-of-its-kind, zero-emissions coal-fired power plant in Mattoon, Ill. The project found backers the world over willing to put their money and support behind technology that promised a clean future for dirty fossil-fuel plants. From that point on, it seemed nothing could go right for FutureGen…”This is a project that’s worth supporting, but any time you have to go back to Washington to have them approve something, you should be worried,” said Tom Wolf, executive director of the Energy Council at the Illinois Chamber of Commerce.

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Scaled back tax break plan emerges

Scaled back tax break plan emerges

A $250-million makeshift combination of tax breaks for businesses and tax relief for the low- to moderate-income families is positioned to come up for a vote in the Illinois House on Tuesday. The Illinois House Revenue and Finance Committee on Monday approved the legislation, which is a trimmed down version of an earlier plan aimed at calming some of the state’s biggest businesses who are upset over a corporate income tax rate hike of 47 percent this year…Both the Illinois Chamber of Commerce, the largest businesses lobbying group in the state, and the Illinois Manufacturing Association, which represents manufacturing businesses, testified for the current plan Monday because of its tax breaks for small businesses.

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Celebrating Galena’s Chamber

Celebrating Galena’s Chamber

“What do you know that I don’t know that I ought to know?” That comment came from Doug Whitley at the annual meeting of the Galena Area Chamber of Commerce on Thursday, Nov. 17 at Eagle Ridge Resort & Spa.”It’s all about what I can learn from you,” he told the crowd.”We try to influence public policy in a pro-business way,” he noted. “Our number-one issue is jobs, growth and prosperity…The Illinois Chamber is engaged in the political side of Illinois. We make it possible for your voice to be heard (in Springfield).”

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Illinois Chamber Holiday Survey Results for 2012

Illinois Chamber Holiday Survey Results for 2012

Each year, the Illinois Chamber of Commerce conducts a survey that indicates how Illinois employers and their employees will be handling paid holidays. The Illinois Chamber has compiled the results from its annual paid Holiday Survey for 2012. Many Illinois businesses use the Chamber’s Annual Holiday Survey as a useful tool in helping them to determine holiday benefits for employees. The survey has long been regarded as the standard to follow.

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Shock Praises Announcement to Link Domestic Energy Production with Transportation Funding

Shock Praises Announcement to Link Domestic Energy Production with Transportation Funding

“What America’s infrastructure needs is not another one time shot in the arm, but rather a highway bill that will create jobs now and help grow our economy in the future,” said Doug Whitley, President of the Illinois Chamber of Commerce. “I am pleased the House will soon introduce legislation that will provide a way forward for a larger highway bill. On top of that, I am excited that such a bill will be linked to domestic energy production that Congressman Schock has been pushing for months. His thoughtful solution to help solve this problem is exactly the type of leadership we need to see in Washington right now.”

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Job saving, focus of brewing Illinois tax deal

Job saving, focus of brewing Illinois tax deal

Illinois lawmakers will have the weekend to review the framework of a tax incentive package that tries to balance help for a handful of big companies in the state with broad relief for small and family businesses…Making the code fair, however, is not going to happen anytime soon…Todd Maisch, vice president of government affairs for the business representative group, the Illinois Chamber of Commerce…said lawmakers are expected to vote on the CME tax package…during the final week of the fall veto session, but he said he doesn’t believe the legislators will begin working on major tax reform until 2013. Until then, Maisch said, Illinois businesses are going to have to live with the reality that the state’s tax code does play favorites.

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