Popular ridesharing company Uber is ready to add 425 new jobs in its Chicago office – but only if Gov. Pat Quinn vetoes a bill recently passed by the Illinois General Assembly that would impose burdensome restrictions on ridesharing services and their drivers. Some businesses tell the state government that they will only create jobs...
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...
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...
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....
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...
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.