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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 ....
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. ....
Working through night, lawmakers finalize $53.1B budget commercial-news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from commercial-news.com Daily Mail and Mail on Sunday newspapers.
The package bolsters existing economic development initiatives, such as the state’s EDGE tax credit, its program targeting electric vehicle manufacturers and suppliers and its research and development tax credit. ....