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SPRINGFIELD â Illinois budget officials said Thursday that revenues are flowing into state coffers at a faster pace than previously estimated, meaning lawmakers will have more money to work with as they try to finalize a new budget for the fiscal year that begins July 1. The Governorâs Office of Management and Budget officially raised its revenue estimate for the current fiscal year by more than $1.4 billion and by $842 million for the upcoming fiscal year. Those figures are similar to the latest revised estimates from the General Assemblyâs budget monitoring agency, the Commission on Government Forecasting and Accountability, which said last week that revenues for the current year would go up about $2 billion while next yearâs revenues would be $792 million more than previously forecasted. ....
By Capitol News Illinois SPRINGFIELD – Illinois budget officials said Thursday that revenues are flowing into state coffers at a faster pace than previously estimated, meaning lawmakers will have more money to work with as they try to finalize a new budget for the fiscal year that begins July 1. The Governor’s Office of Management and Budget officially raised its revenue estimate for the current fiscal year by more than $1.4 billion and by $842 million for the upcoming fiscal year. Those figures are similar to the latest revised estimates from the General Assembly’s budget monitoring agency, the Commission on Government Forecasting and Accountability, which said last week that revenues for the current year would go up about $2 billion while next year’s revenues would be $792 million more than previously forecasted. ....
SPRINGFIELD â As Illinois lawmakers continue to push for the passage of an energy overhaul this spring, the Illinois House Energy and Environment Committee discussed the latest proposal to enter the discussion â Gov. J.B. Pritzkerâs Consumers and Climate First Act. House Bill 4074, sponsored by Rep. Kam Buckner, D-Chicago, was brought before committee for discussion only. Pritzkerâs 900-page proposal was released at the end of April with the goal of transitioning Illinois to 100 percent carbon-free energy â including nuclear power â by 2050. âThis is the most important and pressing issue of our time,â Buckner said in the committee hearing. âWhile the past is not our fault, the future will be.â ....
Senate Bill 1965 lead by Rep. La Shawn Ford, D-Chicago, and Sen. Kimberly Lightford, D-Maywood, would make June 19 an annual state holiday to commemorate the end of slavery in the United States after Abraham Lincoln signed the Emancipation Proclamation in 1863. The holiday is celebrated on June 19 as the day when slaves in Texas found out they were free in 1865, over two years since they had legally been granted freedom. This version of the bill would take effect immediately upon the governor’s signature. If passed by the House and signed by Gov. JB Pritzker by June 19, this year’s Juneteenth would be an official state holiday. Because the holiday falls on a Saturday this year, Monday would be the day off for state workers. The bill already passed unanimously in the Senate. ....
By Grace Barbic & Capitol News Illinois • Mar 17, 2021 The Illinois House Energy and Environment Committee advanced a pair of energy bills that would overhaul the state’s energy industry to the House floor Monday. House Bill 804, otherwise known as the Clean Energy Jobs Act, or CEJA, would put Illinois on track to 100 percent renewable energy by 2050. House Bill 2640, known as the Path to 100 Act, also passed the committee Monday night. It would increase the cap on energy bills from about 2 to 4 percent to provide funding for renewable projects, avoiding what its advocates call the “solar cliff.” Sponsored by Rep. Ann Williams, D-Chicago, CEJA would increase development of renewable energy sources, such as wind turbines and solar power, commit Illinois to cutting carbon from the power sector by 2030, reduce pollution from gas and diesel vehicles by electrifying the transportation sector, and create jobs and economic opportunity across ....