CHICAGO — One day after Illinois lawmakers passed more than $300 million in tax relief to keep several companies from moving jobs out of the state, the top House Republican on Wednesday proposed legislation that would speed up the expiration of the corporate income tax hike driving company threats to flee.

Following the House’s lead earlier in the week, the Senate on Tuesday approved a tax package that will save the Chicago Board of Options Exchange and CME Group Inc., parent of the Chicago Mercantile Exchange and Chicago Board of Trade, a collective $85 million annually. The bill also extends an annual $15 million break to Sears Holdings Corp., which is based in a Chicago suburb.

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