Quinn signs extension of enterprise zone tax breaks

    A bill that extends tax incentives for businesses within so-called enterprise zones is now law in Illinois.

    Gov. Pat Quinn signed the legislation Tuesday at the Ford Motor Co. plant in Chicago. The law takes effect immediately and extends the program for 25 years.

    Businesses within the designated zones essentially get a tax break. The new law also creates a board to oversee the process of determining which companies are eligible.

    Read more.

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    A bill that extends tax incentives for businesses within so-called enterprise zones is now law in Illinois.

    Gov. Pat Quinn signed the legislation Tuesday at the Ford Motor Co. plant in Chicago. The law takes effect immediately and extends the program for 25 years.

    Businesses within the designated zones essentially get a tax break. The new law also creates a board to oversee the process of determining which companies are eligible.

    Read more.

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