$5 billion in tax hikes on line as House returns to session for historic veto override vote

https://www.ilnews.org/news/state_politics/billion-in-tax-hikes-on-line-as-house-returns-to/article_e97d1814-6258-11e7-ac7f-b7c2b1018b36.html

SPRINGFIELD, IL – (Greg Bishop, Illinois News Network.)  Please click on the link for the full story.  Here is an excerpt,)

Lawmakers in the Illinois House return to the Capitol this afternoon for an historic vote that could cost state taxpayers more than $5 billion in tax increases.

Gov. Bruce Rauner is urging lawmakers in the House not to override his vetoes of the tax hikes and $36.5 billion budget, saying that without reforms Illinois will soon be back for more money from taxpayers.

The Senate already voted to override Rauner’s vetoes. Today’s vote in the House will determine their fate, assuming a quorum of representatives are present. The House didn’t have quorums when called into session both Tuesday and Wednesday. A successful override, which will take 71 votes, means the 32 percent income tax increase and 33 percent corporate tax increase go into effect immediately. Anything short of 71 votes and Rauner’s veto stands and lawmakers will have to get back to work.