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2 Comments on "Suburbs could lose $100 million in business taxes to state – Daily Herald"

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Mike
From the Daily Herald article: “It’s unclear what legislators earmarked the money for, but the lack of a state budget for the previous two years created billions of dollars in debt.” The earmarks are listed here (search on “Personal Property” to locate the earmarks): http://www.ilga.gov/legislation/publicacts/100/PDF/100-0021.pdf That link is for Public Act 100-0021 (PA 100-0021) which is a budget law created as the result of the state Senate override of the Governor’s veto on July 4th, followed by the House override on July 6th, of Senate Bill 6 (Spending Bill / Appropriations Bill / Democrat Budget) in the 100th General Assembly. SB 6 / PA 100-0021 is one… Read more »
Mike

Correction, SB 1947 hikes the amount the state spends on public education.

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