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Illinois Legislative Affairs
News about Illinois General Assembly happenings that impact business
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Illinois Budget Debate Picks Up

Illinois Budget Debate Picks Up | Illinois Legislative Affairs | Scoop.it
With less than week left in the spring session, Illinois lawmakers finally have a budget plan.
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Madigan rejects Rauner's approach linking business changes to budget

Madigan rejects Rauner's approach linking business changes to budget | Illinois Legislative Affairs | Scoop.it
House Speaker Michael Madigan returned to the Capitol on Memorial Day and delivered a message to Gov.
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Democrats introduce proposed $36 3 billion budget for 2016

CHICAGO (FOX 32 News) - Illinois Democrats have introduced a proposed 2016 budget they say calls for more than $3 billion more in spending than the state ...
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As Illinois runs out of options in budget crisis, tax rises seen in the cards

As Illinois runs out of options in budget crisis, tax rises seen in the cards | Illinois Legislative Affairs | Scoop.it
NEW YORK/CHICAGO (Reuters) - With no easy way to financially engineer or negotiate its way out of a budget and pensions crisis, Illinois is likely to dish out some unpleasant medicine to its residents...
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State would gain $2.1 billion if Illinois sales tax applied to services - Reboot Illinois

State would gain $2.1 billion if Illinois sales tax applied to services - Reboot Illinois | Illinois Legislative Affairs | Scoop.it
Illinois sales tax applies almost exclusively to goods, not services. A study says this is outdated and Illinois could make $2.1 billion by taxing services.
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Illinois GOP: New governor, same Democratic tricks

Illinois GOP: New governor, same Democratic tricks | Illinois Legislative Affairs | Scoop.it
Illinois GOP leaders say despite the change of party in power in the governor’s office, the Democrats in control of the legislature are showing the same movie of years past.
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Illinois House Democrats craft their own budget plan

Illinois House Democrats craft their own budget plan | Illinois Legislative Affairs | Scoop.it
House Democrats say they're working behind the scenes to draw up their own budget plan they hope can pass before a May 31 deadline as Republican legislative leaders complained Tuesday that their counterparts across the aisle are failing to...
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Robert Rich: Illinois General Assembly squarely to blame for pension funding ... - The State Journal-Register

Robert Rich: Illinois General Assembly squarely to blame for pension funding ... - The State Journal-Register | Illinois Legislative Affairs | Scoop.it
The recent Illinois Supreme Court decision regarding pension reform has produced a lot of controversy.A Wall Street Journal opinion piece labeled
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State Senator Bill Brady on His Idea for Pension Reform

State Senator Bill Brady on His Idea for Pension Reform | Illinois Legislative Affairs | Scoop.it
State Senator Bill Brady (R-Bloomington) joins Justin to talk about dusting off an old idea for pension reform. Will his idea work?
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What's Plan B for Illinois pension reform? - Pekin Daily Times

What's Plan B for Illinois pension reform? - Pekin Daily Times | Illinois Legislative Affairs | Scoop.it
Illinois lawmakers are scrambling to determine if there is a viable Plan B available for the state to implement cost-saving pension reform.
The Illinois
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Judges For Higher Taxes, Not Pension Reform, In Illinois

Judges For Higher Taxes, Not Pension Reform, In Illinois | Illinois Legislative Affairs | Scoop.it
Last week the Illinois Supreme Court overturned a state law that would help fix the state's notorious pension crisis. What a tragedy for the state's taxpayers.
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Truth in Accounting: Illinois hiding $118 billion in retirement debt - Reboot Illinois

Truth in Accounting: Illinois hiding $118 billion in retirement debt - Reboot Illinois | Illinois Legislative Affairs | Scoop.it
Fiscal watchdog Truth in Accounting says Illinois is hiding 75 percent of its retirement-related debt. A new report says each taxpayer owes $45,000.
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Is Pension Reform Possible In Illinois? | Illinois Conservative Examiner

Is Pension Reform Possible In Illinois? | Illinois Conservative Examiner | Illinois Legislative Affairs | Scoop.it
Is Pension Reform Possible In Illinois?: http://t.co/3QfNT1FS1j | #GovBruceRauner #Illinois #pensionreform #Politics #unions
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Illinois Lawmakers Have Until Friday to Pass Budget - Tristatehomepage.com

Illinois Lawmakers Have Until Friday to Pass Budget - Tristatehomepage.com | Illinois Legislative Affairs | Scoop.it
The Illinois General Assembly has yet to present a bill on closing the state's $6 billion dollar budget deficit.
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Standoff between Rauner, Dems threatens Legislature

Standoff between Rauner, Dems threatens Legislature | Illinois Legislative Affairs | Scoop.it
Standoff between Rauner, Dems threatens Legislature http://t.co/BuF5QkprEh
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Illinois General Assembly ushers in crowdfunding revolution - Quincy, IL News - QuincyJournal.com

Illinois General Assembly ushers in crowdfunding revolution - Quincy, IL News - QuincyJournal.com | Illinois Legislative Affairs | Scoop.it
Quincy, Illinois News
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Proposed Illinois tax hikes under consideration in Springfield

Proposed Illinois tax hikes under consideration in Springfield | Illinois Legislative Affairs | Scoop.it
A list of bills currently underway in the Illinois General Assembly which would increase Illinois tax revenue through higher or new taxes.
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Bill that freezes expansion of local government approved by Illinois Legislature - Reboot Illinois

Bill that freezes expansion of local government approved by Illinois Legislature - Reboot Illinois | Illinois Legislative Affairs | Scoop.it
Bill that places a four-year moratorium on legislation creating any new unit of local government in Illinois approved the General Assembly.
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Pension Reform 2015 - Infographic - Accenture

Pension Reform 2015 - Infographic - Accenture | Illinois Legislative Affairs | Scoop.it
Read Accenture’s infographic about Pension Reforms 2015 and learn how pension systems and retirement agencies can work smarter, faster and more economically in 2015.
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Brainstorming on pension fix abounds after Illinois high court rejected law - Chicago Tribune

Brainstorming on pension fix abounds after Illinois high court rejected law - Chicago Tribune | Illinois Legislative Affairs | Scoop.it
Treat the state's crushing pension debt like a home mortgage and refinance it. Offer public workers a deal to cut pension bills. Fire them all. Let the dust settle on pensions and do nothing to change them.
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How Illinois can crawl out of the pension debt swamp

How Illinois can crawl out of the pension debt swamp | Illinois Legislative Affairs | Scoop.it
Ralph Martire of the Center for Tax and Budget Accountability talks about how we got here—and one way Illinois could work its way out from under billions in debt.
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Workers' comp could see changes - Illinois Times

Workers' comp could see changes - Illinois Times | Illinois Legislative Affairs | Scoop.it
News,Contact Alan Kozeluh at intern@illinoistimes.com
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Illinois legislators skeptical about new pension deal this spring - Chicago Tribune

Illinois legislators skeptical about new pension deal this spring - Chicago Tribune | Illinois Legislative Affairs | Scoop.it
Illinois lawmakers expressed skepticism Wednesday that they'll be able to pass a new pension reform bill this spring, despite pressure from Gov.
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Democrats call property tax freeze 'terrible,' set up showdown - Chicago Daily Herald

Democrats call property tax freeze 'terrible,' set up showdown - Chicago Daily Herald | Illinois Legislative Affairs | Scoop.it
Democrats Tuesday called a proposal to freeze property taxes "terrible" and "awful" but voted for it anyway to set up a showdown on the Illinois House floor in the coming weeks. Gov.
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Illinois Pension Clash Raises Question: Who Raises Taxes, Lawmakers Or The Courts?

Illinois Pension Clash Raises Question: Who Raises Taxes, Lawmakers Or The Courts? | Illinois Legislative Affairs | Scoop.it
The Illinois Supreme Court has told the legislature to keep its hands off public pensions, but nothing is so simple.
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