Budget
SPRINGFIELD – A House revenue committee this week heard projections of an Illinois economy that is steadily moving back toward a level of pre-pandemic normalcy, which means revenue spikes realized due to temporary changes in consumer spending habits and federal stimulus packages are expected to subside. Illinois Department of Revenue Director David Harris characterized the…
Read Full Article SPRINGFIELD – Gov. JB Pritzker on Wednesday offered a $45.4 billion general revenue budget plan for the upcoming fiscal year that would include new spending on education and health care while also providing about $1 billion in tax relief that he said would soften the impact of inflation on Illinois consumers. In his budget address…
Read Full Article Wednesday speech will outline plan to ease grocery, motor fuel, property taxes SPRINGFIELD – Gov. JB Pritzker will propose a roughly $1 billion package of tax relief measures aimed at mitigating the impact of inflation on Illinois consumers when he gives his budget address Wednesday. The “Illinois Family Relief Plan,” as it is being called,…
Read Full Article Federal money to fund housing, violence prevention, capital projects By PETER HANCOCKCapitol News Illinoisphancock@capitolnewsillinois.com SPRINGFIELD – Illinois lawmakers worked into the early hours of Tuesday morning to pass a $42.3 billion state budget plan for the upcoming fiscal year that Democrats say would fully fund K-12 education and the state’s pension obligations while also paying…
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