Illinois Olympics

7:13 am
Thu February 20, 2014

Illinois Bill Would Exempt Olympians From Paying State Tax

Credit NBC

It is an example of a measure that might not affect many people.

An Illinois lawmaker says Olympic athletes who win medals shouldn't have to pay state tax on their awards.

State Sen. Julie Morrison is sponsor of legislation approved by a Senate committee Wednesday that would waive the tax.

Morrison is a Democrat from the Chicago suburb of Deerfield who says she represents many of Illinois' Olympic athletes. She says Olympic athletes proudly represent Illinois and the U.S. and ``we should honor them for their commitment.''

Read more
Illinois Issues
12:00 am
Sat November 1, 2008

Going for the Gold: Chicago Olympics Being Sold as a Lucrative Opportunity, but Some Are Concerned

A shining Olympic Stadium with masses of travelers streaming into it. Urban renewal on a grand scale. Increased commerce and resulting tax bumps for government coffers. Those are among the benefits the Chicago region stands to gain if the city hosts the 2016 Summer Games — or at least that’s what boosters promise as a special committee puts the final touches on a secretive, competitive bid that is due in February.

Read more