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Monthly Archives: May 2013

Illinois Legislature approves natural gas modernization plan

Illinois Legislature approves natural gas modernization plan

The Illinois Senate today approved legislation that will accelerate modernization of the state’s natural gas infrastructure and create 150 new jobs in Central and Southern Illinois.Under the Natural Gas Consumer, Safety & Reliability Act (SB 2266), Ameren Illinois will invest an additional $330 million over 10 years to strengthen the integrity, safety, and reliability of the natural gas delivery system. Under the plan, a typical Ameren Illinois residential natural gas customer using 785 therms annually would pay about a penny a day more for gas delivery services over the ten year period.

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Rockford business receives economic development award

Rockford business receives economic development award

The city’s longest operating manufacturing business was honored by the Illinois Chamber of Commerce for staying in Rockford.
The Illinois Chamber announced Tuesday that Gunite Corp. was one of three winners of its annual Edie Awards, which stands for Economic Development in Illinois.

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Gunite receives economic development award

Gunite receives economic development award

Rockford’s Gunite Corporation joined companies in Bolingbrook and Baldwin in receiving a 2013 Edie Award for economic development in Illinois.

Gunite, G&W Electric, and Dynegy will be honored by the Illinois Chamber and Illinois Development Council during the chamber’s annual luncheon in Chicago on June 26. The awards recognize economic development projects that were completed in the previous year.

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House panel endorses ending corporate tax breaks

House panel endorses ending corporate tax breaks

Business groups blasted the proposal, saying the state raised income taxes two years ago and still hasn’t gotten a handle on its spending problems.

Doug Whitley, president of the Illinois Chamber of Commerce said Democrats who control state government need to stop their “desperate pursuit of more revenue.”

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Illinois Governor and Chicago Mayor Said to be at Odds Over Gambling

Illinois Governor and Chicago Mayor Said to be at Odds Over Gambling

The bill has powerful proponents such as Emanuel, but it also has its share of opposition. Recently the Illinois Chamber of Commerce has begun to air radio advertisements slamming the bill, and residents in the areas where the Chicago casino has been proposed to be built have also expressed concerns about what such a project might mean for property values and future development plans.

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Broke Illinois Looking To Tax Deliveries

Broke Illinois Looking To Tax Deliveries

Todd Maisch, the executive vice-president of the Illinois Chamber of Commerce writes that the Illinois Department of Revenue is trying to bypass the state legislature (similar to Obama’s – the Chicago way – bypassing Congress) to enact a delivery tax as a service charge to be paid anytime a delivery is made.

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Illinois Chamber, AFL-CIO agree on compromise over fracking rules

Illinois Chamber, AFL-CIO agree on compromise over fracking rules

A compromise is now in place that we all believe provides that path forward for safe hydraulic fracturing in Illinois. It creates certainty for the industry and provides the most stringent environmental protections in the country. It’s also a rule tailor-made to address the concerns of Illinois citizens.

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The Sweet Spot Of Fracking Regulation?

The Sweet Spot Of Fracking Regulation?

A coalition of supporters – including certain environmentalists wanting to get the strictest air and water-supply protections as possible – reached an agreement in March. Only for the deal to dissolve.
But now the coalition says it’s resolved those issues.
Tom Wolf heads the Illinois Chamber of Commerce Energy Council.

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Illinois Chamber warns of new tax on service deliveries

Illinois Chamber warns of new tax on service deliveries

Todd Maisch, the executive vice-president of the Illinois Chamber of Commerce writes that the Illinois Department of Revenue is trying to bypass the state legislature (similar to Obama’s – the Chicago way – bypassing Congress) to enact a delivery tax as a service charge to be paid anytime a delivery is made.

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Illinois businesses work to sort out the Affordable Care Act

Illinois businesses work to sort out the Affordable Care Act

One in five adults in Illinois is currently uninsured, and if they can’t get employer insurance, some will become eligible for government subsidies through the “marketplace” (formerly known as the exchange), which is a state and/or federally-run service intended to centralize and streamline shopping for private health insurance. Sliding scale subsidies in the form of tax credits will be available to those making up to four times the federal poverty level. Currently, Illinois has agreed to an insurance marketplace run jointly by Illinois and the federal government, but Minzer says the Chamber of Commerce supports opening a state-run marketplace by 2015.

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