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Location Focus: Illinois – Trying to Make Headway in Every Way

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David Roeder, spokesman for the Illinois DCEO, explains that potential investments “could mean a lot to early stage companies, and more importantly could turn into an ownership stake in those companies that the state could sell at a profit.”. ARLINGTON HEIGHTS: PRIMED TO GROW, THRIVE. Photo: Village of Arlington Heights.).

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Illinois Revives Premier Corporate Tax Incentives

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Rauner also enacted an extension of the River Edge Redevelopment Zone tax credit program. The River Edge Redevelopment Zone Program helps stimulate the state’s economy and the local economies where the program is available. Specifically, SB 1783 extends the River Edge Redevelopment Zone tax credit until Dec. Rauner said.