CBS 2 Chicago wbbm7801059 670 The Score

Local

New Legislation Puts Spotlight On Corporate Tax Breaks

Gov. Pat Quinn speaks to the City Club of Chicago. (Credit: CBS)

Gov. Pat Quinn speaks to the City Club of Chicago. (Credit: CBS)

Nick Young

Reporting Nick Young

Don't Miss This
Don't Miss This

CHICAGO (CBS) – Governor Pat Quinn put his signature on a bill that requires the public spotlight on the details of corporate tax breaks as soon as they are completed.

The measure, which was watered down before reaching Quinn’s desk, was sponsored by Marengo Democratic Representative Jack Franks.

LISTEN: WBBM Newsradio’s Nick Young Reports


He says the bill is a good start in his campaign to bring more transparency to the granting of corporate tax deals — citing the $100 million tax credit given last year to Motorola Mobility — which was subsequently bought by Google — as particularly egregious.

Listen Live!

RSS Most Popular News

Follow CBS Chicago

Like us on foursquare

RSS Contests & Promotions

  • Benjamin Moore Which Team Colors Matter Most? May 24, 2013
    Which Team Colors matter most to you? Either way, you could be a winner! Just sign up now for a chance to win $500 Depot Dollars to the Chicago Sports Depot to pick up some gear with your favorite team colors as they battle it out this week!
  • AVEENO® MEN’S “Building a Healthier Foundation” Sweepstakes May 21, 2013
    AVEENO® Men’s™ knows your family is your foundation. And to take good care of them, you need to take good care of yourself. Win a family day at the ballpark from AVEENO® Men’s™.
  • Join Hankook Tire To Reel In The Next Big Catch May 20, 2013
    Join Hankook tire to reel in the next great catch! Click here to go to www.TirePrize.com and enter for your chance to win the ultimate fishing excursion in Puerto Rico!
  • Meet Jim Rome On Set In Los Angeles May 20, 2013
    AutoZone and the Jim Rome Show are giving one winner and a guest a trip to meet Jim Rome in Los Angeles on the set of his Showtime television show! Enter for your chance to win!
WBBM Newsradio 780, Radio Stations & Broadcast Companies, Chicago, IL

Twitter Updates