Owe back taxes? The state wants to make a deal.
Gov. Pat Quinn signed a law Monday allowing people who are overdue on taxes over the past eight years to pay before facing doubled
penalty and interest payments.
People owing the state any taxes due from July 1, 2002 through July 1, 2009 may pay during the amnesty period of Oct. 1 to Nov. 8.
Revenue Department spokeswoman Sue Hofer says the idea is to bring in overdue tax money more quickly than if officials continued
to pursue collection efforts without the incentive.
Officials say they hope the program will raise $250 million.
Republican Bill Brady was the Senate's lone vote against the measure in May. He's Quinn's opponent for governor in the fall
election.
Copyright AP - Associated Press
