Illinois budget
SPRINGFIELD – Gov. JB Pritzker signed a package of bills Tuesday that make up a roughly $46 billion Fiscal Year 2023 state general revenue funds budget that includes increased funding for education and human services and $1.8 billion in mostly-temporary tax relief. Pritzker signed the bill during a ceremony at Chicago State University where he…
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SPRINGFIELD – Gov. JB Pritzker signed his final first-term budget into law Tuesday, a roughly $46 billion spending plan buoyed by pandemic-driven revenue windfalls and a current-year surplus that helped the state pay down debts and offer temporary tax relief. Between the three budget-related bills signed Tuesday – House Bill 900, House Bill 4700 and Senate Bill 157 – as…
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SPRINGFIELD – Illinois lawmakers worked until the early hours of Saturday to pass a $46.5 billion spending plan for the upcoming fiscal year, as well as a $1.8 billion package of mostly-temporary tax cuts that Democrats said are intended to soften the impact of inflation on working families. The final proposals surfaced around 9 p.m.…
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SPRINGFIELD – Democrats in the Illinois House unveiled their own tax cut proposals and outlined spending tied to recent public safety measures at a news conference Wednesday, just three days before the scheduled Friday adjournment of the 2022 regular session. Those provisions are part of a $45.6 billion spending plan for the upcoming fiscal year…
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