Illinois lawmakers finalize $53.1 billion budget
Democrats needed three tries to pass their $1.1 billion revenue plan just before 5 a.m.
Stay updated with breaking news from Hannah Meisel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Democrats needed three tries to pass their $1.1 billion revenue plan just before 5 a.m.
After a near-derailment and an all-nighter to wrap up the General Assembly’s spring session, supermajority Democrats in the Illinois House gave final legislative approval to the state budget as the
In the early hours of Wednesday morning, the Illinois house of representatives passed proposals to increase the gambling tax rate.
Despite holding 78 seats in the chamber, it took Democrats three tries to reach the 60 votes needed to approve more than $1.1 billion in revenue increases, including a tax hike on sportsbooks and businesses, to balance the $53.1 billion spending plan for fiscal year 2025.
The fiscal year 2025 spending plan, which came together over a stretch of late nights and closed-door dealmaking, spends $400 million more than what Gov. J.B. Pritzker proposed in his February budget address.