#3001 Fall Veto Session

Lawmakers adjourned their annual fall veto session in early December without taking action on the state’s looming budget crisis as they await the inauguration of Republican Governor-elect Bruce Rauner on January 12th.  The state’s temporary five percent income tax rate will expire on schedule on December 31st leaving a two-billion dollar hole in the current fiscal year budget ending June 30th.  The budget gap grows to more than four billion dollars in the Fiscal Year 2016 budget beginning July one, resulting deep cuts to all areas of state government including education, health and human services, and public safety if nothing is done.

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FY2015 Budget, Federal Equal Rights Amendment, & Minimum Wage

The Illinois House of Representatives will vote on a budget that is $4-billion less than the $38-billion spending plan approved a week ago after Speaker Michael Madigan said that he does not have enough votes to extend the state’s temporary tax increase.

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