CHICAGO (WLS) — Governor JB Pritzker signed the the Illinois state budget into law Tuesday
Governor Pritzker has said the budget will provide $1.8 billion in relief for taxpayers. The budget suspends the tax on groceries for one year, freezes the motor fuel tax for six months and doubles the property tax rebate up to $300 per household.
The budget also provides direct checks to families making less than $200,000 for an individual household or $400,000 for joint filers, with $50 per individual and $100 per child up to three children per family.
“A firm fiscal foundation means that we are investing in better education for our children, upgrading schools and classrooms, attracting more teachers and expanding after school programs and summer jobs we are launching a pipeline for the advancement of the healthcare profession, recruit and train more students for high demand medical careers,” Governor Pritzker said. “Balancing the budget allows us to stoke job creation across Illinois.”
The governor’s office said the budget also includes back to school tax relief for families and teachers.
Pritzker’s office said the plan also includes a $1 billion contribution to the Budget Stabilization Fund and an additional $200 million pension payout, as well as more than $200 million for public safety measures and law enforcement.
After the budget deal was reached, Senate Republican Leader Dan McConchie released a statement saying in part, “What is most unfortunate about the Democrats’ budget plan is we have an opportunity right now to provide permanent tax relief for the people of Illinois, yet instead, the Democrats are choosing to provide one-time checks and other temporary relief just before the election which expires right after the election.”
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April 19, 2022 at 01:31PM