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Illinois EDGE Tax Credit Program extended to April 30, 2017

Illinois has extended the Economic Development for a Growing Economy (EDGE) Tax Credit Program to April 30, 2017. The program was scheduled to sunset on Dec. 31, 2016, but legislation approved by Illinois Gov. Bruce Rauner on Jan. 20, 2017, extended the program by four months. The Illinois Department of Commerce and Economic Opportunity (DCEO), which administers the program, recently has communicated that any company with a project that may qualify for the EDGE Tax Credit should submit an application to DCEO by March 31, 2017.