The Illinois Lottery will cease awarding prizes over $25,000 if a budget is not signed by July 1.
Despite calls for new taxes from Republican lawmakers, Senate Bill 2216 contains funding for several grants across the state.
The Land of Lincoln is one of only six states to impose harsh restrictions on the sale and possession of fireworks.
On June 28 the Illinois House of Representatives failed to pass Senate Bill 484, an illusory property tax freeze that did not offer real reform, left Chicago homeowners out in the cold, and would have left in place an opaque and expensive property tax system that benefits special interests over taxpayers.
Like the “grand bargain,” the Brady plan and the Illinois Senate Democrats’ budget before it, the Illinois House Democrats’ plan relies on more than $5 billion in new tax revenues because it includes no significant structural spending reforms.
Affluent communities would receive millions in grants under a Republican spending plan.
Eight days of special session have cost Illinois taxpayers an additional $400,000 for just over two hours of work.
Senate Bill 484 would offer a freeze in name only, as it fails to address the very costs that drive up Illinois homeowners’ property tax bills.
A new tax on sugary drinks designed to generate revenue for cash-strapped Cook County will be the third burdensome tax applied to soda prices in Chicago, making a $4 12-pack of soda in the city cost $5.97.