Quinn 'optimistic' about future of tax break package

December 2, 2011

By Michell Eloy

Illinois Gov. Pat Quinn said he's optimistic about passing a tax deal for some area businesses by the end of the month.

Earlier this week, lawmakers failed to pass a $250 million tax break package meant to keep Chicago-based CME Group and Sears from leaving the state. A tax package passed the senate, but a slightly different version with fewer incentives for individual taxpayers was overwhelmingly rejected by the House.

Quinn said the Senate's approval is encouraging.

"I think that's a good sign, and I think we can build on that," said Quinn. "Hopefully we can get the house to vote in favor, and I'll sign it into law."

Quinn said small changes could be made to the bill.

A special legislative session is currently not scheduled before the end of the year.