A major Illinois-based business says it plans to move its headquarters out of Decatur, and that could have effects on taxpayers around the state. Officials with ADM Company announced recently they would be moving nearly 100 high-level jobs. State Representative John Bradley of Marion has proposed giving Archer Daniels-Midland a 10 percent break on utility taxes for up to 30 years and a credit against some state income tax with-holdings.
And that has at least two area lawmakers asking their colleagues to study any proposal carefully. Glen Carbon Representative Dwight Kay:
State Senator Any Manar of Bunker Hill agrees.
ADM is the latest in a series of corporations that have threatened to leave if it didn't receive incentives. Sears, Navistar, Ford, CME Group and Motorola Mobility are among those that received tax breaks in exchange for staying put.