Illinois Corporate Accountability

Dear Taxpayer,

For decades, one of the most important parts of Illinois' efforts in the area of economic development involves the leveraging of state funds to lure businesses, jobs, and private investment to the state of Illinois. As Governor, I take the responsibility of how these dollars are invested very seriously. That's why I fought for the passage of the Corporate Accountability Act, which made our commitment to openness and reform a matter of law.

We are guided by three principles when making economic investments - analysis, accountability and transparency. Before any of these investments are completed, and before any commitment is made, they are extensively analyzed to ensure the state is getting a good return.

Along these lines, we also imposed new strict accountability requirements on those companies that receive state investments. If a company doesn't meet its commitments to create or retain jobs or make private investments, we aggressively pursue that money to make sure state tax dollars are not wasted. In addition, the public will be able to examine these investments through this web site and an annual report to the General Assembly.

I hope you find this site useful.

Sincerely,



Governor Pat Quinn

 

Illinois Ranked First for Online Disclosure of Economic Development Subsidies

In December 2010, Good Jobs First ranked all 50 states for transparency. Illinois ranked #1.
Read the report.