Subsidy Tracker Individual Entry
Meijer is to receive an annual partial refund of their 1% Illinois Municipal Retailer s Occupation Tax (state sales tax). The maximum amount that Meijer may receive is limited to a total reimbursement of $2,152,360 for infrastructure improvements. The rebate of the sales tax is equal to 33 ⅓ % of the 1% state sales tax. Rebates are paid once every three months, and each rebate reduces the principal balance. The agreement is valid October 17, 1994 through October 17, 2014.
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.