SPRINGFIELD, IL – (Greg Bishop, Illinois News Network. Please click on the link above for the full story. Here is an excerpt below.)
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.
Following a bipartisan vote in the House to amend the Democrat’s $36.5 billion spending plan, Speaker Michael Madigan said lawmakers should expect to be in tomorrow.
“I think it’s a good step forward, a step that we can work upon. There’s much work yet to be done,” Madigan said. “Momentarily, I will send a message to the bond rating agencies asking them to defer any further opinions relative to the credit rating of the state of Illinois until we’ve had sufficient time to finalize our budget making.”
NOTE: What passed the Illinois House around 12:30 p.m. was Amendment 2 to Senate Bill 6. There will be an income tax increase to 4.95%, but the proposed state sales tax on services was dropped.
All Southern Illinois Legislators, Brandon Phelps (D – Norris City) and Republicans Terri Bryant of Murphysboro, and Dave Severin of Benton voted for the measure.
The House is supposed to be in session tomorrow for the final touches on the bill. -sd
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