Capitol News Illinois - CNI Home
Jan 8, 2025 · The latest Illinois news coverage of state government to newspapers, broadcast outlets and other media throughout Illinois.
New General Assembly sworn in as House, Senate take different …
Jan 8, 2025 · Pritzker on upcoming challenges. The 104 th General Assembly has a lengthy to-do list, ranging from eliminating a projected $3.2 billion budget deficit to reforming transit in the Chicago area.. In a news conference following inauguration, Gov. JB Pritzker spoke about the budget challenges he faces this spring ahead of his late February budget address.
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The latest Illinois news coverage of state government to newspapers and broadcast outlets throughout Illinois.
State lawmakers consider Tier 2 pension changes as new session ...
Dec 20, 2024 · A report earlier this year by the Commission on Government Forecasting and Accountability shed some light on what those proposals could cost. The April analysis of a different bill found it would cost the state $5 billion in total through fiscal year 2045 to tie the salary cap to the Social Security wage base and improve the rate of the annual cost of living adjustment.
Lawmakers give small boost to renewable developments, delay …
6 days ago · The legislation gives state regulators more authority to balance the budget for a key renewable energy financing tool, partially by shifting financial risk to electric utility customers. It also sets up a study of energy storage technology that is intended to form the basis of a new bill later this year. Read more: Worried about grid reliability, state officials seek to …
Capitolnewsillinois.com
The latest Illinois news coverage of state government to newspapers, broadcast outlets and other media throughout Illinois.
Pritzker’s budget office projects $3.2B deficit in early look at ...
Nov 4, 2024 · The Illinois Economic and Fiscal Policy Report published each November is often seen as a table-setter for the budgeting negotiations that will ramp up in earnest when lawmakers return to the Capitol for the legislative year that begins each January.. GOMB projects that revenues will remain flat at roughly $53.4 billion for the …
Brushing off concerns of overspending, Pritzker signs $53.1 billion ...
Jun 5, 2024 · Revenues and taxes. While more than $1.1 billion in added revenue was needed to balance the books, the final revenue plan – which Pritzker did not sign on Wednesday but said he planned to without changes – doesn’t include any personal income tax increases for Illinoisans.
State ends fiscal year with record $50.7 billion in base revenue ...
Jul 7, 2023 · Despite the record revenue performance of FY 2022, lawmakers ultimately approved a $46.4 billion budget plan that anticipated an 8 percent decline in base revenues in FY 2023.
About Us - capitolnewsillinois.com
Capitol News Illinois is the largest state government-focused news bureau in Illinois, with a presence spanning from Chicago to Carbondale. We provide year-round, daily coverage of the General Assembly, state agencies and issues, state …