Tuesday, August 25, 2009

Illinois encourages development along rail lines Illinois Gov. Pat Quinn says Illinois must do what

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Illinois Gov. Pat Quinn says Illinois must do what it can to attract jobs to the state, so he signed a measure encouraging business development along freight rail systems, the Chicago Tribune reports. A new rail transportation hub is intended for the Chicago suburb of Joliet and the measure will set aside some state taxes connected to new jobs created at the facility. The company operating the hub, CenterPoint Properties, can then get some of that money for infrastructure improvement, according to the governor's office.


The Department of Commerce and Economic Opportunity can give up to $3 million annually from next year through 2016. State Sen. A.J. Wilhelmi says the new law is an incentive for the company to create jobs.
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