Illinois legislators file annual spending plan day they scheduled to adjourn
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Illinois legislators call for meaningful property tax relief, not another study
(The Center Square) – Gov. J.B. Pritzker could have another chance to create a task force to conduct a study of Illinois' property tax system after a measure advanced both chambers despite some saying it will be a waste of time. State Rep. Mary Beth Canty, D-Arlington Heights, defended Senate Bill 3455 to create a task force including members from the Illinois Department of Revenue and the Department of Commerce and Economic Opportunity to conduct a study to evaluate the property...
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Illinois legislators eye $870 million in tax increases ahead of budget deal
(The Center Square) – The Illinois Senate is discussing a tax increase package for the coming fiscal year to raise an additional $870 million, but late Saturday there was still no movement on the overall budget or the budget implementation bill. Legislators were scheduled to adjourn Friday, but had contingency days scheduled for the rest of the month. A budget plan has been filed, as has a budget implementation bill (BIMP), but neither were discussed in committees late Saturday. ...
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Opposition wants speed limits on taxing and spending
Speed limits on taxing and spending will be restored if the opposition returns to government and productivity growth will be elevated to the top of the economic agenda. Delivering a post-budget speech, Shadow Treasurer Angus Taylor said Labor had abandoned the “fiscal guardrails” put in place by the coalition government. He promised to restore the […]