While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
Due to funds provided through the stopgap budget, the Illinois secretary of state’s office will resume mailing vehicle-registration-renewal reminders in August.
Budget gridlock in Springfield caused the Illinois secretary of state’s office to suspend mailing vehicle-registration-renewal reminders in October 2015; as a result, the state took in $5.24 million more in fees for late license-plate renewal between January and June 21, 2016, than it did during the same period in 2015.
Illinois motorists have paid more than $6.5 million this year for failing to renew vehicle license plates on time, more than double the amount collected in the same four-month span last year.
The Illinois House has passed a bill to prohibit charging late fees to vehicle owners who renew their registration late due to the secretary of state’s suspension of mailed reminders.