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Sunday, May 19, 2024

Grain and Feed Association joins groups rejecting Pritzker’s tax proposal

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Gov. J.B. Pritzker | Facebook

Gov. J.B. Pritzker | Facebook

The Grain and Feed Association of Illinois which represents over  90 percent of the commercial grain storage in Illinois, joined other business groups in rejecting the “decoupling” idea of Gov. J.B. Pritzker.

True to its mission to serve as an avenue to promote and represent the grain handling and feed industries in the state, it collectively voiced its views on the governor's proposal to remove state-level tax benefits created as a form of economic relief to businesses when Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 

The Grain and Feed Association of Illinois together with NFIB, Hospitality Business Association of Chicago, Illinois Chamber of Commerce, Illinois Hotel & Lodging Association, Illinois Licensed Beverage Association, Illinois Manufacturers’ Association, Illinois Retail Merchants Association, Technology & Manufacturing Association and the Valley Industrial Association, released a statement strongly requesting opposition to the proposal.  

“We urge the Governor and legislature to reject this massive tax increase at a time when thousands of small businesses across the entire state are struggling to stay afloat during a pandemic and government-imposed shutdowns,” the group said. “This will have a dramatic impact on every aspect of business, including some of our most decimated industries. We understand the desire to find revenue, but this is the opposite of an ‘all-in’ approach.”

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