Local News

Madigan Critical of P3s

A new private, non-profit business development corporation announced by the governor will focus on job creation, but the leading House Democrat is skeptical. 
 
Last week Governor Bruce Rauner said he’s preparing to sign an executive order that partners the private, non-profit Illinois Business and Economic Development Corporation to the Illinois Department of Economic Opportunity. Rauner said last year there was an attempt to create a similar pairing but it stalled. 
 
 
Speaker Michael Madigan said he worked with the governor on last year’s attempt but there was one thing that made the deal fall apart. 
 
 
The governor’s office said DCEO will have final authority and oversight of all state grants and incentives negotiated by the ILBEDC. 

Townhall Top of the Hour News

Local Weather - Sponsored By:

CLINTON WEATHER

Local News

DeWittDN on Facebook