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MegadealsSubsidy Tracker Individual Entry
Company: PHILLIPS CHEVROLET
Parent Company:
Subsidy Source: local
Location: Illinois
City: Frankfort
County: Will
Address: 9700 W. LINCOLN HWY., FRANKFORT, 60423
Project Description: The Village of Frankfort shall rebate 50% of the increased sales tax revenue generated by Phillips Chevrolet's renovation/expansion for a period of five years. The total rebate dollars shall not exceed $1,500,000.
Year: 2011
Subsidy Value: $1,500,000
Program Name: Local Sales Tax Rebate
Awarding Agency: Department of Revenue
Type of Subsidy: tax credit/rebate
Source of Data:
(click here)
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: If an online information source is not working, check the Tracker
inventory page for an updated link.