tax policy

Statehouse members did not vote on Ford’s proposed constitutional amendment in time for a binding measure to appear on the November ballot statewide. #tax #millionaries #centersquare

Gov. Pritzker also criticized the federal legislation, saying it reduced support for low-income Americans while providing tax benefits to higher-income individuals. #budget #democrats #policies

The revenue package signed by Gov. J.B. Pritzker last week includes a 0.2% tax on the value of digital assets held or transacted by Illinois residents. #housebill #digitalasset #centersquare

Housing advocates say a mix of rising construction costs, elevated interest rates and limited public funding has made it increasingly difficult to complete affordable housing developments—even when federal assistance is available. #housing #tax #

“We impose a motor fuel tax across the state that was adjusted six years ago, seven years ago now, in 2019, but then we impose a sales tax on top of that motor fuel tax,” Spain said. #tax #gas

The Sports Betting Alliance (SBA), a national trade group representing major online operators, attributed the decline to rising tax burdens and increased competition from neighboring states. #betting #sports

Industry groups and some lawmakers have warned that local taxes layered on top of state levies could drive bettors to illegal markets. #betting #illinoishousegaming #regulation

The Cook County assessor race is expected to draw significant attention as property tax concerns remain a central issue for homeowners and local governments alike. #assesor #debate #cookcounty

During his presentation on Wednesday, Johnson described executive orders he has issued and other measures he has taken against the federal government. #federalagents #chicagomayor #prosecution

City officials presented a compelling, data-driven argument, revealing that the exemption application was not only incomplete but also misleading, failing to meet the stringent legal standards required by Illinois law. #tax #protection #zion