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Tag Archives: Illinois

DESPITE BUDGET, STATE STILL MAY GET JUNK STATUS

Despite a new state budget, which included a $5 billion tax hike, Illinois still may not be able to stave off a credit downgrade. Moody’s Investor’s Services announced this week that they’re thinking about weighing pension debt more heavily when they rate states for credit worthiness. With the state one grade away from junk-bond status,… read more

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THIRD WORST

Illinois’ workforce is highly regarded among American CEOs. The state’s business climate? Not so much. Illinois places among the bottom three states in the nation for doing business, according to a nationwide survey of CEOs. (Illinois News Network)

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#HUNTING AN ECONOMIC DRIVER IN IL

More than 50,000 hunters travel to Illinois annually – spending about $1.3 billion at restaurants, gas stations, and shops – making the Illinois hunting season an economic driver for the state. According to the Illinois Retail Merchants Association, the average hunter spends about $2,400 per year in Illinois, contributing to an industry that adds 18,000… read more

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IL HOUSE OKs PROPERTY TAX FREEZE

The Illinois House Wednesday approved a two-year property tax relief measure which would freeze on property taxes in Cook and the collar counties. Downstate voters also can choose a two-year freeze if they approve it by referendum. Critics say the measure is too watered down with exemptions and would shift costs to businesses and others…. read more

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AG LEADERS SHARE LMFA INFLUENCE ON LIVESTOCK FARMS

The state Livestock Management Facilities Act (LMFA) provides a balanced structure for Illinois’ livestock sector while protecting the state’s environment, three livestock farmer leaders told the Illinois Senate Agriculture Subcommittee on Confined Animal Feeding Operations. The subcommittee heard how the LMFA and state environmental regulations impacted each of the farmers’ operations. (FarmWeekNow.com)

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RAUNER DECLARES HARVEST EMERGENCY

Gov. Bruce Rauner declared a state harvest season emergency, allowing a farmer with a permit to haul up to a maximum of 10 percent more than the standard weight restriction of the gross, axle and registered weight restrictions. Farmers will need to seek a permit from each authority with jurisdiction over the routes they plan… read more

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ILLINOIS FFA’ERS EXCEL NATIONALLY

Jared Dickman, of Carroll County, was one of many Illinois FFA members making their mark during the recent 90th National FFA Convention in Indianapolis. Dickman won the National Agricultural Proficiency Award in dairy production-placement, while members of the Pittsfield and Prairie Central chapter also received awards. Three Illinoisans also took home National Agriscience Fair honors…. read more

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IFB ASKS RAUNER TO DECLARE HARVEST SEASON EMERGENCY

The IFB Board reached out to Gov. Bruce Rauner, seeking a Harvest Season Emergency declaration due to uncontrollable weather factors and commodity markets. The declaration gives road jurisdictions the authority to issue permits for up to 10 percent more than the gross vehicle weight and axle weight limits on their respective roads. (FarmWeekNow.com)

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VETO SESSION UPDATE

The Illinois House was busy yesterday, working through a variety of override votes during the fall veto session. House members yesterday failed to override Gov. Bruce Rauner’s veto of a bill to a create taxpayer-funded workers’ comp company, but did overrule the governor on several issues, including the Debt Transparency Act, a bill which mandated… read more

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ILLINOIS HOG INVENTORY CLIMBS

Illinois hog inventory has gone up 2 percent since this time last year, adding thousands of jobs to Illinois’ economy. Jennifer Tirey, executive director of the Illinois Pork Producers Association, said the growth is due to new processing plants in surrounding states. “In 2016, we had 2.4 million roughly for capacity,” Tirey said. “Now, our… read more

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