-
Beginning Friday and lasting through Aug. 14, the state will reduce its sales tax rate from 6.25 percent to 1.25 percent for certain clothing items costing less than $125 and school supplies.
-
Illinoisans will receive some modest tax relief starting Friday when the state’s new fiscal year begins.
-
State Sen. Jason Barickman said early in the spring legislative session he expected very little productivity coming out of it. And now Barickman said his expectations have been fulfilled.
-
Illinois lawmakers worked until the early hours of Saturday to pass a $46.5 billion spending plan for the upcoming fiscal year, as well as a $1.8 billion package of mostly-temporary tax cuts that Democrats said are intended to soften the impact of inflation on working families.
-
Gov. JB Pritzker and Democratic legislative leaders struck a state budget deal Thursday that provides more than $1.8 billion in tax relief to inflation-weary Illinoisans, handing the party what it hopes will be a potent message of empathy and fiscal solvency heading into fall campaigns.
-
-
As Illinois emerges from the COVID-19 pandemic, a spokesperson for Illinois State University said the institution is "grateful that there were no reductions" to state funding in the new state budget.
-
Illinois lawmakers worked into the early hours of Tuesday morning to pass a $42.3 billion state budget plan for the upcoming fiscal year that Democrats say would fully fund K-12 education and the state’s pension obligations while also paying down a sizeable portion of the state’s debt.
-
Illinois lawmakers are poised to vote Monday night on a proposed $42.3 billion state budget for the upcoming fiscal year that Democrats say would fully fund K-12 education and the state’s pension obligations while also paying down a sizeable portion of the state’s debt.
-
Gov. JB Pritzker and other Democratic leaders announced Thursday that they have agreed to a plan to repay the money Illinois borrowed from the Federal Reserve during the COVID-19 pandemic before the end of the next fiscal year.