The Illinois House on July 2 passed Senate Bill 9, which includes a 32 percent income tax hike. State Rep. David McSweeney filed a bill that would repeal that permanent tax hike should it become law.
A bill that would apply term limits to legislative leaders in the Illinois House and Senate cleared a major hurdle May 19, and is scheduled for a second reading May 22.
Illinois’ EDGE tax credit program expired April 30; however, proponents of EDGE have passed a one-month extension in the Illinois House of Representatives.
With bipartisan support, members of the Illinois House adopted a resolution opposing the internet streaming tax proposal – which might not even be legal — in the Senate’s “grand bargain.”
Legislation with bipartisan support in the House would oppose the internet streaming tax proposal – which might not even be legal – in the Senate’s “grand bargain.”
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.