Lawmakers, businesses decry agency’s interpretation of tax credit law that allows companies to avoid reporting on diversity spending - The Daily Line

Joel Ebert

DEC 03, 2020

Lawmakers, businesses decry agency’s interpretation of tax credit law that allows companies to avoid reporting on diversity spending
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State Rep. Will Davis and Jorge Perez of the Hispanic American Construction Industry Association called for the state to require companies receiving a tax credit to follow through on reporting their diversity spending.

Seizing on ongoing efforts in to bring equity to minority and female-owned businesses in Illinois, three state lawmakers on Wednesday called for the Illinois Department of Commerce and Economic Opportunity (DCEO) to enforce a law that requires additional reporting for companies that receive tax credits.

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Joel Ebert published this page in Springfield News 2020-12-03 20:39:00 -0600