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
Despite that booming demand, there are political efforts afoot to crush the scholarship program.
A bill in the Illinois Senate could axe the state’s first-ever tax credit scholarship program.
The bill would cut off Illinois’ new tax credit scholarship program if the Illinois State Board of Education determined public school funding levels were inadequate.
The tax credit scholarship program included in the school funding proposal passed by the General Assembly would be the first of its kind in Illinois, and one of the largest of such programs in the nation.
The Illinois Senate passed a school funding reform bill containing the state’s first-ever tax credit scholarship program. The bill now awaits the governor’s signature.
After failing to override Gov. Bruce Rauner’s amendatory veto of Senate Bill 1, which stripped a Chicago bailout from the education funding proposal, Illinois House members voted to pass a compromise bill containing the state’s first-ever tax credit scholarship program.
Watch the event here at 11:30 a.m. Tuesday, April 22. We will be streaming live from Josephinum Academy. Having trouble viewing the livestream? Click here to watch on YouTube.
Meet Jailyn Baker. She’s a senior at Josephinum Academy – an all-girls school in Chicago’s Wicker Park neighborhood. Jailyn is like many Chicago students: she works hard in school and she dreams of a bright future. What makes Jailyn’s experience unique, however, is that she has an hour-and-a-half commute both ways to go to school....
Thousands of Illinois students are trapped in failing schools. These schools fail at their most basic task: providing students with the knowledge and skills they need to succeed in the future. Take a look at some statistics from a forthcoming Illinois Policy Institute special report on the state’s lowest-performing schools: 72 percent of students at...
Most people assume that Chicago is home to Illinois’ lowest-performing schools – those schools that scored in the bottom 10 percent on the Illinois Standard Achievement Test, or ISAT. But, in actuality, Chicago is home to only 45 percent of the state’s lowest-performing elementary schools and high schools. More than half of Illinois’ lowest-performing schools...