Reports

Wrong Time to Implement New Tax Breaks

Release: November 30, 2011

An analysis of Senate Bill 397 of the 97th General Assembly, which would have provided $250 million tax expenditures to various businesses at a time when Illinois was facing budget deficit and cuts to spending on core services.

Analysis of the Governor's Fiscal Year 2010 Illinois General Fund Budget Proposal

Release: March 29, 2009

The proposed FY2010 General Fund budget was introduced by Governor Pat Quinn on March 18, 2009. This Report is CTBA's analysis of the Governor's FY2010 budget proposal. Illinois is in the middle of one of the worst economic downturns in history. 

Illinois Corporate Accountability in Tax Expenditures Law - Public Act 93-0552

Release: October 10, 2006

An overview of Public Act 93-0552, the Corporate Accountability in Tax Expenditures Act.

HB 4908 Limitation of the Net Operating Expense Carry Forward

Release: October 10, 2006

An overview of House Bill 4908 of the 92nd General Assembly, which would have limited the Net Operating Loss Deduction for businesses.

Illinois Corporate Tax Expenditures: Annual Losses FY2001-FY2004

Release: February 9, 2006

A list of annual losses in Illinois' state revenue from corporate tax expenditures for FY2001-FY2004.