Emanuel pushes for passage of state tax incentives

Emanuel pushes for passage of state tax incentives

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Chicago Mayor Rahm Emanuel said he’s staying involved in getting the state’s major tax package passed. Last week the tax package including incentives for the CME Group was shot down by the Illinois House of Representatives.

“I’m working with the legislature and been on the phone regularly to encourage them to continue to stay at this and I know the difficulties - but get this done,” Emanuel said in a news conference Wednesday.

Emanuel said keeping CME in Chicago is critical to the city’s economic vitality. He’s also in favor of passing the bill’s proposed earned income tax credit for the working poor.

Lawmakers are talking about splitting the bill into several pieces and voting on them separately.

A special House session on the bill has been called for Monday.