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ADM Incentive Package Won't Be Considered During Veto Session

Tue, 22 Oct 2013 17:45:58 CDT
By: AP

The sponsor of a bill to give Archer Daniels Midland Company up to $24 million in tax breaks to keep its headquarters in Illinois opted not to call it for a vote today. The House Revenue and Finance Committee had been scheduled to consider the bill. But Rep. John Bradley, a Democrat from Marion, took it off the agenda. Bradley says the incentives for ADM and several other companies ``are all under consideration.'' He declines to say when or if the bill will get a vote. In an email, an ADM spokesman says the company is still in discussions with officials and has no update. ADM announced last month it plans to move its global headquarters from Decatur to a location with better international access.

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