Illinois lawmakers are finalizing the state budget with bills on health insurance, quantum computing, and abortion. The budget includes $175M proposed for public transit, a $5M journalism tax credit, and a child tax credit difference. The revenue package aims to raise $750 million in General Revenue funds and $120 million in other state funds, with sports wagering expected to generate about $200 million. The Senate passed a $53.1 billion budget, largely aligning with Gov. J.B. Pritzker's proposal.
The state Senate on Sunday night approved a $53.1 billion budget that largely mirrored Gov. J.B. Pritzker’s budget proposal and priorities. https://t.co/82XCsaVmAD
While you were sleeping (or ideally still out partying) last night the Illinois Senate did all their 2025 State budget stuff. And then some. 👇 https://t.co/xZ19LDs20g
Illinois Senate Democrats back state budget with $750 million in tax hikes https://t.co/GSgbdxmt6m
“Every session I found has its own rhythm and each budget is its own beast. And this one was a doozy,” Senate President Don Harmon, D-Oak Park, said just before the Senate adjourned. “There is no doubt about that.” https://t.co/ULdaMgZkru
The state Senate passed a budget Sunday night, sending it to the House, where leaders expect it to pass without changes. @Nowickipress reports https://t.co/gc4eX81JbN https://t.co/feOmcCPQkk
The Illinois Senate has passed a $53 billion state budget. Lawmakers spent hours discussing the plan, wrapping up late Sunday night. https://t.co/HMYP7HCVwO
Pritzker’s health insurance overhauls cross finish line https://t.co/ESbBq6825o
Budget bill (SB251) is now up for debate
HB4582, the bonding bill increasing bonding authority to meet appropriations, is up now: https://t.co/uEhHZHt4eU
.@ElgieSims has filed the last amendment to his Fiscal Year 2025 budget proposal. Read the 3,389 page spending plan here. #twill https://t.co/AkJaSxPYE5
Just posted: Basically everything we've parsed out in the Senate approps and revenue proposals so far, and how they stack up against Pritzker's budget. For @chicagotribune in Springfield w/ @JeremyGorner @PetrellaReports @byoliviastevens https://t.co/ofImeeuw9o
The Senate's working through the weekend. Here's where things stand. https://t.co/LU7YDJopSs
The Illinois Senate is on the floor taking bill action as we await the three main budget bills…I am also on the floor. (But there’s a search/request for chairs.) https://t.co/fQSlY22M3E
We're in the waiting part of the day as the Senate caucuses Not to be a page count alarmist, but there's at least 5,443 pages of budget-related bills to be passed. Amendments to some or all of them are forthcoming. Drafting takes time. We ain't getting out of here early. https://t.co/lOhO7Tw98P
One interesting note from Sen. Sims: The road fund transfer to public transit sought by governor is $200 million, for now. But other parts of that deal are still being negotiated. Another sign today will be another day of waiting
I note merely in passing the thorough formal legislative process for the State’s $53B annual budget takes a bit over 4 months while the City of Chicago’s annual $16B legislative budget process usually takes around 35 days with most of it crammed into 2.5 excruciating weeks.🤔💸🤑 https://t.co/O2GmjtjwYl
Senate Appropriations meeting now, talking about this bill, with language on quantum computing campus and more. Budget and bimp bills are also due for subject matter hearing this morning https://t.co/1fe53GUHLh
The Senate Appropriations Committee gavels in. First up: the tax incentive package aimed at luring companies in quantum computing. The bill also enhances the state's EDGE and REV incentives and extends the research and development tax credit through 2032. #twill https://t.co/8SsEl3SJnk
Had “Breakfast with the Beatles” on @93XRT. Now, off to “Brunch with the Budgeteers” as the SDems unveil their spending plan in the Appropriations Committee ahead of an expected floor vote later today. #twill #SundayFunday https://t.co/xzKmAYT89y
Good Sunday morning! Here is the new 3,413 page budget filed before the Senate Appropriations hearing gets underway around 10. #twill https://t.co/QjMEcHCg7B
Democrats will go at least three more days past their self-imposed adjournment deadline after failing to pass a budget bill Saturday, although the spending and revenue framework were made public for the first time. @nowickipress and @hannahmeisel report https://t.co/bHyITirsLO https://t.co/9A8NBHzJQV
After three minutes of announcements and messages from the House, the Senate adjourned. Next session, tomorrow at Noon. The House has adjourned is expected to return Tuesday. #Illinois #twill https://t.co/UucnV41r7I https://t.co/wOWQaixm4v
HAPPENING NOW: The #Illinois Senate is back for announcements. #twill @BlueRoomStream
Statement from @SpeakerWelchIL: "The House and Senate are very close to an agreement on a final budget. Procedurally, the earliest an agreement could pass both chambers is next week… (1/2) https://t.co/AhfDcZNUMA
UPDATE: The #Illinois House has adjourned to the call of the chair. Senate Executive heard bills, as subject matter only, with the intention of taking them all to the floor, however some bills are "to be discussed further." It is possible that the Senate may call a caucus.…
Difference in size of child tax credit... Pritzker: under 3 years old-- $12M cost Proposed by Senate Dems: under 12 years old-- $50M in FY25 #twill https://t.co/0b0OHBaBGd
Total size of the new revenue is $827 million. Pritzker had asked for about $1.1 billion. The full net proposal (size below), contains several things Pritzker didn't ask for, like bigger child tax credit #twill https://t.co/bfoOqJxZgq
#SenExec still chugging along. An amendment to the hemp bill was adopted; as was a gut-and-replace amendment authorizing the state to transfer what is now Shabbona Lake State Park to the Prairie Band Potawatomi Nation. Now onto a subject matter on revenue portion of the budget. https://t.co/HNnXTWmJV0
Revenue package bottom line: Expected to raise $750 General Revenue funds and $120 million other state funds. SPORTS WAGERING: Graduated structure, "just abour $200 million" says @SenatorCelina
Now in Senate Executive Committee... Sen. Villaneuva says this still brings in $200 million like Gov. Pritzker asked for. It's a different way of getting to $200M, but still the same revenue amount #twill https://t.co/YxowUyhclw
What little difference a day makes: Democrats lurch toward finish line on state budget, which likely will hew closely to Gov. J.B. Pritzker's proposal https://t.co/KNyXlgAwgA
Wait one more: Nothing in the revenue bill sweeping anything from OSLAD (open space/park) grants...and nothing on slowing the growth of the standard deduction. So that's about $118 in revenue from the gov's plan that's not going to materialize. At least from what I've seen
Health care initiatives pushed by Gov. J.B. Pritzker were passed by the Illinois House on Saturday, paving the way for a prohibition on controversial insurance industry practices. https://t.co/dLFpH7dGCt
A package of health insurance reform measures that Gov. JB Pritzker called for at the beginning of the legislative session will soon be headed to his desk for his signature. https://t.co/yBErMvsjo3 https://t.co/DqOebgrIXv
Lawmakers send package of health insurance reforms to Gov. J.B. Pritzker’s desk https://t.co/9hJfPlHjlw
Revenue bill is out too. @SenStadelman's journalism tax credit for news orgs is included. $5M total. $15K per reporter/news employee, another $10K for new hires. $150K per newsroom cap and $250K per specific company. Starts on P 144 here: https://t.co/G74UUEbVac https://t.co/YyZv2cMmwQ
As Democratic leaders hashed out a state budget behind closed doors this week, lawmakers advanced bills aimed at streamlining health insurance access, investing in quantum computing, and bolstering Illinois’ status as a haven for abortion. https://t.co/KhuzO1L5A0
Now we play "search the BIMP" - budget implementation bill for the non-initiated. The governor had proposed $175M from Road Fund to public transit. This looks to me like it might only be $75M. If so, that would mean $100M they have to make up elsewhere. https://t.co/YJGL1ZDr1O https://t.co/IlrnchAZ2U
The House recesses for committees. The budget implementation bill is scheduled to be heard in #HouseExec. The Senate, where the appropriations bill is starting, has yet to post committees. #twill
As we await final budget details, the powers that be in the Senate mill about. https://t.co/gntqFla0Xs