ILGA: Illinois General Assembly

State Rep. Derrick Smith, D-Chicago, convicted of taking $7,000 bribe

By Brian Costin
06/10/2014
A federal jury has found state Rep. Derrick Smith, D-Chicago, guilty of taking a $7,000 cash bribe in exchange for writing a state grant recommendation letter in 2012. Under state law, Smith automatically loses his office with the felony bribery conviction. This is the second time Smith has lost his office. Smith was originally expelled from...

TAGS: bribery, Chicago, corruption, Derrick Smith, ILGA: Illinois General Assembly

Illinois pension reform resurfaces

By Matt Paprocki
03/01/2014
In December 2013, a pension reform bill passed out of the Illinois General Assembly. Sponsors of the bill estimated $160 billion in savings over the next 30 years, and supporters touted that the pension problem in Illinois was finally fixed. In fact, most of the dialogue throughout the Capitol was that the state-funded pension systems...

TAGS: 401(k), COGFA: Commission on Government Forecasting and Accountability, defined benefit plans, GARS: General Assembly Retirement System, ILGA: Illinois General Assembly, pensions

Illinois’ unpaid bills higher today than when lawmakers passed the 2011 tax hike

By Benjamin VanMetre
11/25/2013
The Illinois General Assembly passed a record income tax increase on individuals and businesses in 2011. And Gov. Pat Quinn promised that it specifically was “designed to pay our bills.” By the end of the current fiscal year, lawmakers will have collected a total of $25.7 billion in new revenue from the 2011 tax hike....

TAGS: debt, ILGA: Illinois General Assembly, unpaid bills

Illinois lawmakers who have signed anti-progressive tax resolution

By Jane McEnaney
10/18/2013
As the Illinois General Assembly heads back to Springfield for veto session next week, here is a quick look at what elected officials have signed on to the Illinois Policy Institute’s legislative efforts to prevent lawmakers from amending the state’s constitution to permit a progressive income tax hike, which would increase taxes on 85 percent...

TAGS: fair tax, flat tax, graduated income tax, ILGA: Illinois General Assembly, progressive income tax