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SPRINGFIELD, IL (AP) - Once again Illinois lawmakers are considering a list of tax breaks and other incentives to keep some companies in the state and attract others.
The most widely publicized proposal is a $24 million tax break aimed at persuading Archer Daniels Midland Company to keep its new global headquarters in Illinois.
Legislators at this week's fall session in Springfield also could be asked for a tax break to retain the company that emerges from a merger between OfficeMax Inc. of Naperville and Office Depot Inc., among others.
Some lawmakers say the state's bad finances make timing difficult for new such breaks.
Others say the state needs to take a harder look and adopt a more comprehensive way to scrutinize such incentives in the future.
Despite opposition from reinstated Ellisville Mayor Adam Paul, tax breaks for a proposed Walmart development are moving forward, albeit slowly. The City Council voted 4-3 Wednesday night to authorize TIFs for project developer Sansone Group.
The vote came after Jim Sansone and Mayor Paul exchanged heated words during the packed meeting. Sansone promised court action if the council reversed their 2012 approval of the development. Paul acknowledged his continued opposition, but also recognized that the council majority would rule.
A second vote is needed to finalized the bill. That's expected to happen at a special council meeting later this month.