McCormick Place Overhaul Legislation Becomes Law

“Customers, businesses and Illinois taxpayers will benefit enormously from additional funding to the CCTB,” said Mike Cassidy, CCTB Chairman. “It will give us more resources to maintain and attract new business to Chicago and Illinois.”

Meetings and conventions held at McCormick Place support 66,000 jobs and generate $251 million in tax revenue each year. Convention goers who come to Illinois spend close to $8 billion in the state. These big benefits were a focal point throughout the months of discussion that led to the new reforms.

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