House Speaker en Speaker Madigan's Budget Plan <p>Members of the Illinois House are spending Wednesday afternoon in a series of budget hearings. The House Speaker says that's meant to lead the way to an income tax vote.</p><p></p><p><span style="line-height: 1.5;">The hearings all focus on one thing: Illinois' next spending plan.</span></p><p>In particular, one that spends money as if Illinois' income tax rate is still 5-percent -- even though the rate is set to drop halfway through the next fiscal year.</p><p>Critics say it's illegal for the House to go forward spending at higher levels, without first voting to extend the higher tax.</p> Wed, 14 May 2014 18:04:57 +0000 Amanda Vinicky 25101 at Speaker Madigan's Budget Plan Minority Groups Courted Before Redistricting Lawsuit <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>A lawsuit seeking to keep two citizen's initiatives from ever coming before voters has been filed. Although the case makes no mention of how it will affect minority voters' rights, sources say organizers took pains to reach out to ethnic groups.</p><p><span style="line-height: 1.5;">Two potential constitutional changes are at issue: one limiting how long legislators can be in office, the other stripping them of the power to draw their own districts.</span></p> Thu, 01 May 2014 10:11:00 +0000 Amanda Vinicky 24171 at Minority Groups Courted Before Redistricting Lawsuit You First ... No, You First: Tax Hike Timing <p>The Illinois House will take the lead on whether Illinois keeps its 5 percent income tax. It's scheduled to roll back at the end of this year unless legislators take action.</p><p></p><p><span style="line-height: 1.5;">It's happened in the past.&nbsp;</span><span style="line-height: 1.5;">The Illinois Senate will pass a controversial measure -- like a tax hike -- only for it to languish in the House.</span></p><p>Not this time.</p><p>Senate President John Cullerton says the Senate will vote on the tax question if and only if it first passes the House.</p> Mon, 28 Apr 2014 20:03:31 +0000 Amanda Vinicky 23990 at You First ... No, You First: Tax Hike Timing House Holdup On Tax Hike, Minimum Wage <p><span style="line-height: 1.5;">&nbsp;</span>Two major Democratic initiatives are still short the votes needed to pass, at least in the House, as the General Assembly heads into the final stretch of its spring session.</p><p></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>&nbsp;&nbsp;</p><p><span style="line-height: 1.5;">How to deal with Illinois' income tax rate is arguably the biggest issue looming over Illinois politics.</span></p> Wed, 23 Apr 2014 18:34:08 +0000 Amanda Vinicky 23617 at House Holdup On Tax Hike, Minimum Wage Madigan: Resist Temptation To Cave To Corporate Officials' Demands <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>A day after Office Depot announced it would stay in Florida rather than move to Illinois, the speaker of the House says Illinois needs to end its practice of offering tax incentives on a case-by-case basis.</p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span><span style="line-height: 1.5;">&nbsp;&nbsp;</span></p> Thu, 12 Dec 2013 00:19:54 +0000 Amanda Vinicky 14830 at Madigan: Resist Temptation To Cave To Corporate Officials' Demands ADM Unlikely To Get Tax Credit Before End Of Year <p>While much of the attention was focused on pensions, state legislators yesterday also dealt with measures intended to get a trio of companies to call Illinois home. But they only got halfway there.</p><p><span style="line-height: 1.5;">Decatur-based Archer Daniels Midland is shopping for a new world headquarters. The agribusiness giant may well choose Chicago; but it wants a tax break from Illinois, like in a measure approved by the Senate.</span></p> Wed, 04 Dec 2013 05:32:43 +0000 Amanda Vinicky 14274 at ADM Unlikely To Get Tax Credit Before End Of Year