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Budget battle wages on in Springfield Raymon Troncoso Capitol News Illinois April 26, 2021 FacebookTwitterEmail 3of3 SPRINGFIELD As the General Assembly prepares to return to Springfield Tuesday, state lawmakers are sparring with officials from Gov. J.B. Pritzker’s administration over proposed tax changes for the 2022 fiscal year. In his budget proposal released in February, Pritzker outlined nine changes to the corporate tax code meant to generate $932 million in revenue for the state in order to maintain a balanced budget while keeping income taxes and government spending flat for FY 22, which begins July 1. “The governor’s budget proposal is a reasonable and balanced one,” IDOR Director David Harris told lawmakers last week during the Senate Revenue and Appropriations committees’ joint hearing. “Were it to be enacted as (Gov. Pritzker) proposed, there would be a $120 million surplus at the end of FY 22 by estimate.”

United statesGreg coxDavid harrisLinda holmesChapin roseIllinois manufacturer associationTaxpayers federation of illinoisSenate revenueIllinois retail merchants associationIllinois soybean growers associationBlue collar jobs actGovernor pritzkerBlue collar jobsTaxpayers federationIllinois retail merchantsஒன்றுபட்டது மாநிலங்களில்