Graduated tax rates, property tax relief package head to governor Graduated tax rates, property tax relief package head to governor Friday, May 31, 2019 Conditional graduated tax rates and a pair of bills aimed at addressing Illinois’ high property tax costs passed the General Assembly on Friday and will head to the governor. The graduated tax rate structure will take effect in January 2021 only if voters approve a constitutional amendment on the November 2020 general election ballot.
General Assembly approves budget, pushes further action to Saturday or later General Assembly approves budget, pushes further action to Saturday or later Friday, May 31, 2019 The Illinois General Assembly approved a $40 billion fiscal year 2020 state operating budget Friday night, pushing further action on a host of other issues to an impromptu Saturday morning session and perhaps beyond.
House OKs, sends to Senate rates for graduated income tax House OKs, sends to Senate rates for graduated income tax Thursday, May 30, 2019 The graduated tax constitutional amendment will be on the November 2020 general election ballot, and the rates that could take effect upon its passage are one procedural step away from the... Read more
Tougher regulations on door-to-door energy sales pass House Tougher regulations on door-to-door energy sales pass House Thursday, May 30, 2019 The Illinois House passed a bill backed by the state’s attorney general Thursday that would enact greater regulation of alternative retail energy suppliers, many of which go door-to-door... Read more
Senate advances two bills aimed at addressing teacher shortage Senate advances two bills aimed at addressing teacher shortage Wednesday, May 29, 2019 A pair of bills aiming to address the teacher shortage passed the Senate today. The first, House Bill 2078, raises the minimum wage for teachers to $40,000 by the 2023-2024 school year. The... Read more
Coal ash removal bill heads to governor Coal ash removal bill heads to governor Tuesday, May 28, 2019 A bill aiming to ensure safe closure of toxic coal ash pits and financial protections for taxpayers should the pits cause environmental disaster is on its way to the governor. Senate Bill 9 passed... Read more
Property tax task force, relief fund bills pass House committee Property tax task force, relief fund bills pass House committee Tuesday, May 28, 2019 A pair of measures aimed at addressing high property taxes in the state passed committee Tuesday, one day after being touted by Democratic Gov. J.B. Pritzker upon passage of a graduated income tax... Read more
House sends graduated tax question to voters House sends graduated tax question to voters Monday, May 27, 2019 A constitutional amendment that would allow the General Assembly to set higher tax rates on greater amounts of income passed its last legislative hurdle Monday and will head to the voters for... Read more