Legislative Newsflash – Incentives Comparison Between Midwest States – How Does Illinois Stack Up?
September 10, 2015
STATE INCENTIVES – HOW DOES ILLINOIS STACK UP?
Illinois provides a range of state tax incentives to encourage businesses to locate and/or expand in the state, however, many large corporations continue to look to nearby states for a more favorable environment.
To determine how Illinois’ incentive packages actually compare to other Midwest states, the NAIOP Chicago Legislative Committee requested assistance from Cushman & Wakefield’s Business Incentives Practice to draft a general comparison of select types of incentives specific to Illinois, Indiana, Michigan and Wisconsin.
This report provides a state-by-state comparison from 2010-2015 of the key incentive programs offered, the amount of incentives provided and the composition of these incentives by industry type.
The NAIOP Chicago Legislative Committee provides this brief look at legislative issues in the news on a regular basis to keep our members up-to-date on important public policy issues. This publication is distributed for informational purposes only and does not expressly advocate or support any specific legislation on behalf of NAIOP Chicago. Read more about NAIOP Chicago’s Legislative Efforts