The $55.2 billion spending plan is supported by $55.3 billion of revenue, including just over $1 billion in new taxes and revenue changes. The four bills making up the budget and capital spending plan were part of a flurry of thousands of pages of legislation that went from introduction to passage in the final 48 hours of the legislative session.
Stories by Peter Hancock — Capitol News Illinois
Illinois Democrats Pass $55.5B State Budget With New Taxes on Sports Betting, Nicotine Products
Spending plan raises over $1B in revenue; income, sales taxes not affected
Peter Hancock — Capitol News Illinois |
State Budget Talks Enter Final Week Amid Fears of Congressional Cuts
Peter Hancock — Capitol News Illinois |
The General Assembly has through May 31 to pass a budget with a simple majority vote before the threshold increases to a three-fifths vote on June 1.
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