Subsidy Tracker Individual Entry

Company: 
JC PENNEY
Parent Company: 
J.C. Penney
Subsidy Source: 
local
Location: 
Illinois
City: 
Matteson
County: 
Cook
Address: 
4451 PROMENADE WAY, MATTESON, 60043
Project Description: 

The sales taxes incentive amount shall equal 35% of the municipal sales tax revenue generated by retailer at the retailer site. (35 % of the 1% local share). Payment shall be made each year for no more than 20 years.

Year: 
2007
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-department stores
Subsidy Value: 
undisclosed
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 not available. 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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