Illinois House to vote on revenue package Sunday
- Author: Aubrey Nash Jul 03, 2017,
Jul 03, 2017, 1:32
A proposed $36 billion state budget in IL has passed a critical test, but a powerful legislative leader says lawmakers will miss a deadline to avoid starting a third consecutive fiscal year without a budget. The fiscal morass is the longest in any state since at least the Great Depression.
During its record-breaking fiscal impasse, the state has racked up $14.6 billion in unpaid bills, and bond houses are warning the state's credit rating could be downgraded to junk status.
Though Rauner hasn't weighed in on the proposal, House Minority Leader Jim Durkin's "aye" vote can be viewed as a blessing-if not of the spending plan itself, of the vote's serving as an entrée to further negotiations.
There was no word on what specific legislation would be called, but the reference to "support" by Rauner and legislative Republicans indicated it would include a 32 percent increase in the personal income tax rate to raise about $5 billion, a provision the GOP has in the past indicated it would accept if it gets the "structural" business and political changes Rauner demands.
IL lawmakers voted to override Gov. Bruce Rauner's veto of legislation to continue funding 911 emergency call centers.
JEFFERSON CITY, Mo. (AP) - Missouri Gov. Eric Greitens says he will let a bill repealing a St. Louis minimum wage.
State Sen. Dave Syverson, R-Rockford, said Friday's vote was nearly meaningless as the bill would require Senate concurrence and it is still unclear how the other half of the General Assembly would vote.
Revenue details have yet to appear in the legislation (SB 6), but lawmakers tired of the two-year standoff with Republican Gov. Bruce Rauner approved the spending outline on 90-25 preliminary vote.
Saturday marks the first day of a new fiscal year - meaning the state will enter its third straight year without a budget.
Lawmakers will be in session Saturday to take up the final pieces of what could be a $5 billion tax increase to pay for a $36.5 billion spending bill, and Republicans are lining up votes.
"We have a balanced budget".
Republicans said that was code for allowing lawmakers to go home for the weekend, which it was, and complained Democrats were ducking their responsibility, which was nonsense.
They came together on a test vote, showing a majority of the House would support a $36.5 billion spending plan.
"The problem we have is we have this giant backlog of bills that are accruing interest that is crushing the state", Hays said. He also wants a freeze on local property taxes, which are among the highest in the nation.
In addition to the budget, the meetings focused on issues demanded by Rauner.
She said that would make "the unthinkable" such as delaying pension payments or not paying state workers very likely.