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Illinois lawmakers hand Pritzker another tax loss, pass Chicago pension hike

Illinois lawmakers hand Pritzker another tax loss, pass Chicago pension hike
Illinois lawmakers hand Pritzker another tax loss, pass Chicago pension hike
Lame duck session was busy even when House Democrats weren’t focused on replacing Mike Madigan as speaker. Gov. J.B. Pritzker’s small business tax hike died as 23 bills were passed, including one making Chicago’s pension woes worse.
As the 101st Illinois General Assembly’s lame-duck session came to a close, lawmakers rushed to send 23 bills to Gov. J.B. Pritzker’s desk – but not the one he wanted.
In session overnight from Jan. 12 and into the morning Jan.13, lawmakers failed to support a small business tax increase, which was Pritzker’s top priority for lame duck session. Pritzker wanted to eliminate state-level tax benefits created as a form of economic relief when Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act. He estimated the tax revenue loss at $500 million, b ....

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The Spin: Bye, bye, Chicago Trump Tower sign? | Kinzinger says he'll vote for Trump impeachment | Speaker intrigue in Illinois House continues

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