WATCH: Tax increases expected before Illinois legislators adjourn veto session

Spread the love

(The Center Square) – Illinois taxpayers may find out they are on the hook for another tax increase before the week is over.

One of the many things legislators continue to hash out is how to address a fiscal cliff for mass transit estimated at $230 million. Senate Minority Leader John Curran said more money is not the answer.

“We should be looking at reform first,” said Curran, R-Downers Grove. “It does not make logical sense to. At the same time, you’re going to put a bunch of reforms in place and put a new group of people in charge. You don’t know exactly what you need. We know the cliff keeps getting pushed out. The amount keeps coming down. Let’s put the new people in first. Let’s reform the structures, let them get their arms around it.”

State Sen. Mike Simmons, D-Chicago, agreed that reforms are needed for the agency, but pushed for the House to pass the package the Senate approved in May that included $1.50 surcharge for retail delivery.

“This is a smart investment, not just for transit, but also for our local economy,” Simmons said. “And there have been endless studies from Crain’s and other sources that make the case that investing in public transit to the tune of $1.5 billion is how we take our economy forward, not backwards, in this region.”

Gov. J.B. Pritzker told reporters in Peoria that the details on how to fund closing the fiscal cliff are still coming together and he is being careful not to sway how it’s paid for.

“I’ve tried to be careful about what I’ve told them because I want to make sure that they are considering all the options, and then, you know, I, from my perspective, what I want to make sure happens is that we end up with a world class transit system for the whole state,” Pritzker said.

Curran warned that legislators are also poised to increase taxes on business owners before the week is out by decoupling from recent federal tax changes.

“The Democrats plan is to increase taxes on the economic engines of our state, while at the same time making taxes more complicated for Illinois,” Curran said.

Legislators are scheduled to wrap up fall veto session in Springfield Thursday.

Events

No events

Leave a Comment





Latest News Stories

will county board meeting graphic.5

Will County Board Approves Permits for Landscaping Business and Restaurant Liquor Service in Frankfort Area

Article SummaryThe Will County Board unanimously approved three separate special use permits for businesses in the Frankfort area, allowing a landscaping operation in Green Garden Township to continue and two...
will county board meeting graphic.5

Board Approves Engineering Contracts for Mokena Road Widening

Article SummaryThe Will County Board approved over $1.1 million in supplemental engineering contracts to advance the ongoing 80th Avenue improvement project in Mokena. The additional funding addresses project delays and...
will county board meeting.6

Will County Awards $1.46 Million Contract for Kankakee Street Bridge Replacement in Manhattan Township

Article SummaryThe Will County Board has awarded a $1.46 million contract to "D" Construction, Inc. of Coal City to replace the Kankakee Street Bridge over Jackson Creek in Manhattan Township....
will county board meeting.6

Crete Township Community Center to Get New Digital Sign

Article Summary: The Will County Board approved a special use permit and two variances for Crete Township, allowing for the installation of a new on-premise dynamic display sign at its...
Meeting-Briefs

Meeting Summary and Briefs: New Lenox Village Board of Trustees for August 11, 2025

The New Lenox Village Board meeting on August 11, 2025, was marked by significant changes in public safety leadership and a major policy decision driven by state politics. The evening...
Dow hits record high after Fed Chair hints at September rate cuts

Dow hits record high after Fed Chair hints at September rate cuts

By Morgan SweeneyThe Center Square The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that...
WATCH: Newsom optimistic about redistricting despite poll

WATCH: Newsom optimistic about redistricting despite poll

By Dave MasonThe Center Square Gov. Gavin Newsom on Friday said he’s proud of how quickly the California Legislature passed a congressional redistricting proposal that he signed, but he was...
Newsom meets with Danes, talks about Trump but not 2028

Newsom meets with Danes, talks about Trump but not 2028

By Dave MasonThe Center Square California Gov. Gavin Newsom came to his hometown of San Francisco Friday to talk about the state’s new green energy partnership with Denmark. But another...
CA bill to give interest on insurance payments to homeowners

CA bill to give interest on insurance payments to homeowners

By Jamie ParsonsThe Center Square The California Legislature this week passed a bill to give at least 2% of interest on insurance payments to owners of homes that need rebuilding...
DOJ releases Maxwell interview transcripts, audio; described Trump as 'gentleman'

DOJ releases Maxwell interview transcripts, audio; described Trump as ‘gentleman’

By Sarah Roderick-FitchThe Center Square The U.S. Department of Justice on Friday released the audio and transcript interviews with Ghislaine Maxwell, “in the interest of transparency,” in which she claims...
Erik Menendez denied parole; brother appears before board

Erik Menendez denied parole; brother appears before board

By Dave MasonThe Center Square Lyle Menendez faced a California Board of Parole hearing Friday, after two commissioners Thursday evening denied parole to his younger brother Erik Menendez after a...
After cutting union contracts, VA redirects $45M to veterans

After cutting union contracts, VA redirects $45M to veterans

By Brett RowlandThe Center Square U.S. Department of Veterans Affairs officials announced Friday that the agency is redirecting nearly $45 million from public union costs to care for veterans. "VA...
Illinois quick hits: Pritzker signs abortion bills; Operation Purple Heart returns medals

Illinois quick hits: Pritzker signs abortion bills; Operation Purple Heart returns medals

By The Center SquareThe Center Square Pritzker signs abortion bills Two bills Gov. J.B. Pritzker enacted Friday impact access to abortion procedures. House Bill 3637 shields health care providers from...
WATCH: IL Department of Human Services’ adverse audit draws legislators’ ire

WATCH: IL Department of Human Services’ adverse audit draws legislators’ ire

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – A recent adverse audit of the Illinois Department of Human Services is the worst audit seen by...
Illinois prisons to publish annual data on contraband, safety and overdoses

Illinois prisons to publish annual data on contraband, safety and overdoses

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A new law requires the Illinois Department of Corrections to publish annual data on contraband, substance...