Two Illinois State Senators have shared their reaction in regards to a new state budget. The new state budget includes more than $1.8 billion in tax relief. Some of the provisions are temporary, such as lifting the one percent grocery tax for a year and delaying a scheduled increase in the gas tax until January.
The budget also doubles the property tax rebate up to $300 dollars and sends a one-time payment of at least $50 to most individuals and $100 per kid. State Senator Sue Rezin voted in favor of the tax relief portion of the plan, despite calling for permanent tax relief, but voted against the state spending plan.
Rezin said Democrat lawmakers passed short-term tax relief in an election year as part of their FY23 budget, while also increasing state spending by billions.
State Senator Patrick Joyce (D-Essex) released the following statement after the passage of the Fiscal Year 2023 budget:
“After weeks of difficult negotiations, the General Assembly passed a budget and an ample tax relief plan that balances fiscal responsibility and assistance to working families during these tough economic times.”
State officials say the earned income tax credit which helps low income working families will be expanded and there will also be a sales tax holiday for back to school purchases in August.
Region: Northern,City: Morris,Local,Region: Morris
April 9, 2022 at 06:50AM