Tax Expenditures

Wrong Time to Implement New Tax Breaks

Release: November 30, 2011

An analysis of Senate Bill 397 of the 97th General Assembly, which would have provided $250 million tax expenditures to various businesses at a time when Illinois was facing budget deficit and cuts to spending on core services.

Illinois Corporate Accountability in Tax Expenditures Law - Public Act 93-0552

Release: October 10, 2006

An overview of Public Act 93-0552, the Corporate Accountability in Tax Expenditures Act.

HB 4908 Limitation of the Net Operating Expense Carry Forward

Release: October 10, 2006

An overview of House Bill 4908 of the 92nd General Assembly, which would have limited the Net Operating Loss Deduction for businesses.

Illinois Corporate Tax Expenditures: Annual Losses FY2001-FY2004

Release: February 9, 2006

A list of annual losses in Illinois' state revenue from corporate tax expenditures for FY2001-FY2004.