Subsidy Tracker Individual Entry

Company: 
FRY'S ELECTRONICS INC
Parent Company: 
Fry's Electronics
Subsidy Source: 
local
Location: 
Illinois
City: 
Downers Grove
County: 
Dupage
Address: 
3300 FINLEY ROAD, DOWNERS GROVE, 60515
Project Description: 

Annually, on the first $AMOUNT of sales, 100% of sales taxes go to the Village. On the next $AMOUNT of sales 100% of sales taxes go to Fry's. 50% of sales taxes on sales above $AMOUNT will be paid to Fry's subject to a cap of $8,000,000 in rebated sales tax.

Year: 
2001
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-electronics
Subsidy Value: 
$8,000,000
Program Name: 
Local Sales Tax Rebate
Awarding Agency: 
Department of Revenue
Type of Subsidy: 
tax credit/rebate
Notes: 

Year is year agreement began. Subsidy value is maximum rebate. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements.

Source Notes: 
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