Normal, IL, USA / www.cities929.com
May 29, 2021 | 1:45 PM
(The Center Square) – Lawmakers are in the process of changing a recent tax credit program for the development of data centers, but some worry the proposed change hijacks the successful program to favor union interests and could drive jobs out of state.
The Data Center Tax Credit Act was enacted with bipartisan support two years ago. The credit has been touted by the governor, Democrats and Republicans alike for attracting billions of dollars of private investment in the state and thousands of construction jobs and hundreds of permanent jobs.
The credit is not one of the nine the governor has labeled “corporate loopholes” he’s wanting to limit to increase revenue for the state by nearly $1 billion.