House Speaker

Budget FY15
1:04 pm
Wed May 14, 2014

Speaker Madigan's Budget Plan

House Speaker Michael Madigan

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.

The hearings all focus on one thing: Illinois' next spending plan.

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.

Critics say it's illegal for the House to go forward spending at higher levels, without first voting to extend the higher tax.

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Election 2014
5:11 am
Thu May 1, 2014

Minority Groups Courted Before Redistricting Lawsuit

Attorney Mike Kasper stands at the podium, as House Speaker and Democratic Party of Illinois Chairman Michael Madigan looks on, at a recent Party meeting in Springfield. Kasper, a Madigan ally, has been hired by a group of taxpayers seeking to dismiss two citizen's initiatives.
Credit Amanda Vinicky/WUIS

  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.

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.

The suit challenging them was filed by Mike Kasper, an attorney closely aligned with House Speaker Mike Madigan; the powerful Democrat is against both plans.

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Budget FY15
3:03 pm
Mon April 28, 2014

You First ... No, You First: Tax Hike Timing

Senate President John Cullerton, D-Chicago
Credit ilga.gov

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.

It's happened in the past. The Illinois Senate will pass a controversial measure -- like a tax hike -- only for it to languish in the House.

Not this time.

Senate President John Cullerton says the Senate will vote on the tax question if and only if it first passes the House.

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Despite Democratic Supermajorities
1:34 pm
Wed April 23, 2014

House Holdup On Tax Hike, Minimum Wage

House Speaker Michael Madigan, D-Chicago

 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.

    

How to deal with Illinois' income tax rate is arguably the biggest issue looming over Illinois politics.

The 5-percent rate is set to rollback in January, but Gov. Pat Quinn wants the higher rate extended permanently, an approach favored by the Democratic leaders of the legislature.

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Pans Tax Credits
6:19 pm
Wed December 11, 2013

Madigan: Resist Temptation To Cave To Corporate Officials' Demands

House Speaker Michael Madigan readies to introduce a pension overhaul bill denounced by public employee unions, who say Illinois should instead close corporate tax loopholes. Madigan today (12/11) issued a statement saying Illinois lawmakers "must resist the temptation to cave to corporate officials' demands every time they impose a deadline for payment in exchange for remaining in Illinois."
Credit Amanda Vinicky

  

  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.

    

The Illinois House is getting flak for adjourning earlier this month without voting on tax breaks approved by the Senate -- deals meant to lure the newly-merged Office Depot to Illinois, and to convince Archer Daniels Midland to keep its global headquarters in-state.

Tax Credits
11:32 pm
Tue December 3, 2013

ADM Unlikely To Get Tax Credit Before End Of Year

Sen. Andy Manar, D-Bunker Hill, is the sponsor of a Senate bill to give ADM a tax credit in exchange for creating new jobs in Chicago and Decatur, if the company moves its global headquarters from Decatur to Chicago.
Credit ilga.gov

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.

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.

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