SPRINGFIELD IL – (Greg Bishop and Dan McCaleb, Illinois News Network. Please click on the link above for the full story. Here is an excerpt below.)
Senate President John Cullerton adjourned his chamber late Monday afternoon without calling for votes on tax hike and spending plans approved Sunday by the House, signaling he doesn’t have enough vote to pass them on to the governor.
Cullerton hinted earlier that the Senate might not be able to move House Speaker Michael Madigan’s $5 billion tax hike legislation without Republicans’ support.
The House tax increase plan approved Sunday night includes a 32 percent income tax increase and a 33 percent corporate tax hike. It received “yes” votes from 15 Republicans and 57 Democrats. Both are scheduled to take effect July 1 if approved in the Senate and the measures survive a gubernatorial veto.
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