Grocery, Pharmacy Tax Incentives Proposal Could Expand
The proposal would reward qualifying stores with tax credits and grants for equipment, capital spending and SNAP and WIC payment systems.
9 Articles
9 Articles
Grocery, pharmacy tax incentives proposal could expand – Center Square – Wirepoints
State Rep. Will Guzzardi said small, independent businesses need state support to grow and expand into communities that lack grocery stores and pharmacies. “We're going to help you make that investment. We're going to lower your tax payments. We're going to provide you this incentive to go grow in a neighborhood that needs your business,” Guzzardi said.
Grocery, pharmacy tax incentives proposal could expand - Regional Media News
(The Center Square) - New legislation in the Illinois House could provide small, independent grocery and pharmacy owners with tax credits. Illinois Retail Merchants Association President and CEO Rob Karr said the EDGE ESSENTIALS initiative builds on the state's EDGE tax credit program. "So you [...]
DCEO, IRMA, Lawmakers Introduce EDGE Essentials Legislation to Support Independent Grocers and Pharmacies Across Illinois
CHICAGO – Today, the Illinois Department of Commerce and Economic Opportunity (DCEO) and the Illinois Retail Merchants Association (IRMA) announced support for HB5828 (EDGE Essentials) – new legislation that would create a streamlined package of tax incentives for independently owned grocery stores and pharmacies, helping small businesses invest in their operations, retain and hire workers, and continue serving communities across Illinois. Read …
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