More than half of Illinois communities have enacted a local grocery tax
Gov. JB Pritzker signed a law in 2024 eliminating the statewide grocery tax. Here’s what happens now.
Tag: Illinois Department of Revenue
Illinois’ budget on track for deficit as new federal policies create challenges
State lawmakers also face a $2.2 billion deficit next fiscal year, the report projects.
State ends fiscal year with record revenue
Illinois received $54 billion in revenue in fiscal year 2025 that ended June 30.
While deficit looms in next year’s budget, current-year revenues remain on track
Illinois’ fiscal year 2025 revenue is in line with expectations despite a projected deficit.
Illinoisans may be able to file federal taxes for free; state announces Apple ID licenses
Illinoisans may soon be able to file federal taxes for free and access their driver’s licenses on iPhones.
Gov’s office revises revenue estimates, calls on lawmakers to ‘defray’ noncitizen health care costs
Gov. JB Pritzker said this week that the state remains “on a great trajectory from a fiscal perspective,” even as ...
Latest state budget forecast puts brakes on previously predicted surplus
The state’s Commission on Government Forecasting and Accountability has decreased its current-year budget forecast by $728 million, erasing much of ...
ANALYSIS: Fuel retailers sue over ‘compelled speech’ at the gas pump
As of July 1, 2022, the State of Illinois has suspended the inflation adjustment to the motor fuel tax through ...
Moody’s gives Illinois second credit upgrade within one year
Illinois on Thursday received its second credit rating upgrade from Moody’s Investors Service within one year, moving up one notch ...
Pritzker signs final first-term budget ahead of reelection push
Gov. JB Pritzker signed his final first-term budget into law Tuesday, a roughly $46 billion spending plan buoyed by pandemic-driven ...
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