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Tag Archives: Illinois

HOUSE OVERRIDES GOV’S VETO, BUDGET IN PLACE

The Illinois House Thursday narrowly voted to override Gov. Bruce Rauner’s veto of a tax hike and spending measure, ending the state’s more than two-year budget impasse. Rauner called the House vote “another step in Illinois’ never-ending tragic trail of tax hikes,” while House Speaker Michael Madigan said state lawmakers “looked beyond partisan differences and… read more

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MADIGAN OVERRIDE VOTE ON BUDGET VETO

House Speaker Michael Madigan said today he’s scheduled a vote to try to override Gov. Bruce Rauner’s veto of a major tax hike and spending plan for tomorrow afternoon. “The House will hold a vote on Thursday, July 6 to override the governor’s vetoes of the balanced budget sent to him,” Madigan said in a… read more

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ENTREPRENEUR PROGRAM ENRICHES STUDENTS, COMMUNITIES

An Effingham-based entrepreneurship program allows teens and local businesses to learn from each other, pumping life into their communities and offering students in-depth business education and entrepreneur experience. Along with learning business skills, students learn about their communities and local industries while gaining mentors and network connections. (FarmWeekNow.com)

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HOUSE PASSES TAX HIKE, SPENDING PLAN

The Illinois House Sunday approved a major income tax hike and spending plan, as more than a dozen Republicans broke with Gov. Bruce Rauner and voted in favor of the legislation. The measure, which needed 71 votes to pass and received 72, increased the personal income tax from 3.75% to 4.95%. Rauner already has pledged to… read more

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WE’RE NOT ALONE

#Illinois isn’t the only state without a permanent spending plan – though it’s the only state beginning a third straight year without one. In fact, Illinois is among 11 states without budgets. For most states, the disputes are driven by ideological divides and poor budget forecasting. In others, lawmakers are clashing over whether to borrow… read more

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FARMERS QUESTION TRUMP’S #CUBA POLICY

#Illinois agricultural groups say the recent decision by the Trump administration to restore travel and trade restrictions with Cuba will make it more difficult to compete with nations that sell products to the country. “We sell mostly soybeans these days,” said Adam Nielsen, director of national legislation and policy development, Illinois Farm Bureau. “There is… read more

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TIME’S UP

This is it. The last day before a new fiscal year starts July 1, and Illinois moves into its third year without a budget. House Speaker Michael Madigan has said he’ll call the $36.5 billion spending plan for a vote, but said discussions continue over tax hikes needed to balance the budget. The impasse is unprecedented… read more

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TWO DAYS LEFT

Lawmakers have just two days left to settle on a budget before the new fiscal year begins July 1. That in mind, here’s today’s budget impasse roundup: A property tax freeze, wanted by Gov. Bruce Rauner as part of his compromise to raise taxes, failed in the House Wednesday, dimming hopes that a budget agreement… read more

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THREE DAYS LEFT

Illinois House Democrats Tuesday served up their $36.5 billion budget, but didn’t offer details of how they would pay for it. House Speaker Michael Madigan also said the House will take votes today on pension reform, workers’ compensation changes, property tax relief and government consolidation, all items that Gov. Bruce Rauner has said must be… read more

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FOUR DAYS LEFT

#Illinois House Democrats agreed to a four-year property tax freeze, including an increase to the homestead exemption for homeowners, just four days before the end of the special session. The House Revenue Committee today approved the plan and sent it to the House floor for a vote. Gov. Bruce Rauner has said the four-year freeze… read more

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