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Deal Reached on Sears-CME Bill: Report

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Deal Reached on Sears-CME Bill: Report

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Emanuel Reached Out to CME

Mayor once sat on the CME Group board, so he's got some pull with the organization that's threatened to leave the state.
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Lawmakers have reached a deal that would keep Sears Holding Corp. and CME Group, Inc. in Illinois, sources say.

Rep. John Bradley (D-Marion) and House GOP Leader Tom Cross' office confirmed to Crain's Chicago that a deal will be put to a vote next week.

Speaker of the House Michael Madigan on Tuesday summoned back to Springfield legislators who failed to take action on a special tax break for a pair of Illinois businesses.

The move signaled they were close to a deal that would give tax breaks to the retailer and financial powerhouse in the state.

Lawmakers told Crain's the pact resembles a version on the plan that passed the Senate last month. It failed in the House, which voted 99-8 against the legislation.

The House is schedule to vote Monday, the Senate on Tuesday.
 

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