• About Us
  • Write For Us
  • Advertising
  • Support
  • Contact Us
March 27, 2023 4:37 am CDT
LISTEN LIVE:
No Result
View All Result
Heartland Newsfeed
ADVERTISEMENT
  • Illinois
    • Local
      • Capital Area
      • East Central Illinois
      • West Central Illinois
    • Regional
      • Chicagoland
      • Metro-East
      • Northern Illinois
      • Quad Cities
      • Southern Illinois
    • Obits
    • Executive Watch
    • Legislative Watch
    • Road Conditions
      • Illinois
    • Weather Closings
      • Central Illinois
  • Missouri
    • Regional
      • Northeastern Missouri
      • East Central Missouri
      • St. Louis Metro
      • Southeast Missouri
    • Executive Watch
    • Legislative Watch
    • Weather Closings
      • Greater STL Metro (IL/MO)
    • Road Conditions
      • Missouri
  • Weather
  • National
  • World
  • Sports
    • Basketball
      • NBA
    • Bowling
    • Boxing
    • Football
      • Arena Football
      • CFL
      • NFL
      • XFL
      • USFL
    • Golf
      • PGA
    • Hockey
      • NAHL
      • NHL
    • MLB
      • MiLB
    • MMA
      • UFC
    • NCAA
      • Basketball
      • Football
    • Olympics
    • Preps
    • Racing
      • Horse Racing
      • NASCAR
    • Soccer/Futbol
      • Bundesliga
      • Champions League
      • FIFA
      • La Liga
      • MLS
      • NWSL
      • Premier League
      • U.S. National Soccer
      • USL
      • USL Championship
    • Tennis
    • Wrestling
      • AEW
      • Independents
      • MLW
      • NJPW
      • NWA
      • ROH
      • WWE
  • Entertainment
    • Crossword
    • News Quiz
  • Opinion
    • Letters To The Editor
    • Editorial
    • Columnists
  • Radio
    • Affiliates
    • Live Video
      • HLNF Live
      • RTMP Direct
    • Network Schedule
    • Network Streams
    • Podcasts
      • Radio Network
      • Podcast Network
  • Features
    • Classifieds
      • Current Ads
      • Job Board
        • Job Listings
        • J2CTalroo
        • Post a Job
        • Receive Alerts
        • ZipSearch
    • Community Calendar
    • News Feeds
      • Statehouse
      • Legislative
      • Breaking News
  • Store
  • Deals
  • Calendar

No products in the cart.

Heartland Newsfeed
No Result
View All Result

House GOP members criticize Pritzker over tax incentives freeze

Capitol News Illinois by Capitol News Illinois
February 14, 2021
in Business & Lifestyle, Business News, Financial News, Governmental Watchdogs, Illinois, Illinois Executive Watch, Illinois Legislative Watch, Politics
Reading Time: 3 mins read
Donate
0

SPRINGFIELD (CNI) – House Republican lawmakers criticized Gov. JB Pritzker on Friday ahead of his budget address next week, calling on the governor to reinstate business tax incentives he froze last month.

In a Friday news conference, state representatives Mike Murphy (R-Springfield), Jeff Keicher (R-Sycamore), and Keith Wheeler (R-Oswego) called on Pritzker to resume offering tax credits to new businesses through the 2019 Blue Collar Jobs Act, a bipartisan economic reform package pushed by House Republicans and signed into law as part of Pritzker’s first-year operating budget.

The legislation involved expansions of certain tax credits that businesses could take for relocating to Illinois or expanding existing facilities in the state.

Pritzker would delay tax credits to close the budget deficit

Pritzker announced that he would be delaying tax credits offered under the legislation at the beginning of the General Assembly’s lame-duck session last month, a decision that he said would help close the state’s budget deficit moving into the next fiscal year.

“Right now, we cannot afford to expand tax breaks to businesses that already receive tax breaks,” Pritzker said in a statement regarding the decision in January.

“As we recover from the pandemic, we must focus on job creation and balancing our state budget,” he added.

House Republicans criticized that decision Friday, stating that tax credits offered by the Blue Collar Jobs Act are what the state needs to spur economic growth amid the COVID-19 pandemic. They criticized the governor’s decision to freeze the tax credits that were hailed as a bipartisan compromise in 2019.

“In doing so, the governor is reneging on the bipartisan agreement from 2019 that he committed to on economic reforms,” Wheeler said. “Today I call on the governor to reconsider his decision and immediately lift the freeze so that we can continue to create more high-wage Illinois jobs.”

Tax incentives were key factors in alleviating state budget woes

The House Republicans said the tax incentives offered through the program would be a key factor in alleviating the state’s budget woes and sparking an economic turnaround moving forward.

“The best stimulus check we can give our citizens is a steady, good-paying job,” Murphy said.

Keicher and Murphy pointed to the current success of the Data Center Tax Incentive as an example of how tax credits can spur economic growth in the state. Keicher said writing the incentives into law was a key factor in Facebook’s decision to build a new $800 million regional data center in DeKalb, which he described as “a shot in the arm” for his district.

“This is a game-changer for the city of DeKalb,” Keicher said. “I want this to be a game-changer for the entire state.”

Keicher pointed to a recent report from Crain’s Chicago Business that the Pritzker administration is using the data center legislation as leverage in an attempt to lure a data hub for the New York Stock Exchange to Illinois, proving the value business tax incentives can bring to the state.

“Those reforms are showing significant benefits, and they should be maximized to do more to bring good-paying jobs to Illinois,” Keicher said. “Doing so will increase the state’s current tax base and dramatically help alleviate our pressures on the state budget.”

Republicans also called for House leadership to form appropriations committees in order to consider the condition of the state’s budget moving forward.

Pritzker repeatedly criticizes state GOP lawmakers

Pritzker, meanwhile, has repeatedly criticized state GOP lawmakers for not coming forward with their own proposals to fix the state budget. Republicans responded that they would like to see Pritzker’s proposed cuts first.

“I am not going to be here as an apologist for the governor’s policies and try to come to an accommodation,” Keicher said. “I am here as a fierce advocate for the great things that Illinois has in its future.”

Wheeler said House Republicans would explore options for a legal challenge to the governor’s decision to unilaterally freeze tax incentives passed by lawmakers under the Blue Collar Jobs Act.

“This was a firm agreement between all the parties back in 2019,” Wheeler said. “The last thing I expected to happen this year was to have a freeze on a program that he agreed to.”

Reporting by Tim Kirsininkas

Capitol News Illinois
Website | + posts

Capitol News Illinois is a nonprofit news service operated by the Illinois Press Foundation that provides coverage of state government to newspapers throughout Illinois.

  • Capitol News Illinois
    https://www.heartlandnewsfeed.com/author/capnewsillinois/
    Approaching ‘Medicaid cliff’ could leave hundreds of thousands uninsured
  • Capitol News Illinois
    https://www.heartlandnewsfeed.com/author/capnewsillinois/
    New year to bring new laws in Illinois
  • Capitol News Illinois
    https://www.heartlandnewsfeed.com/author/capnewsillinois/
    Illinois pension debt grows to $139.7 billion
  • Capitol News Illinois
    https://www.heartlandnewsfeed.com/author/capnewsillinois/
    Illinois election board certifies 2022 results

Share this:

  • Twitter
  • Facebook
  • LinkedIn
  • Reddit
  • Tumblr
  • Telegram
  • Print
  • Email

Like this:

Like Loading...
Tags: Blue Collar Jobs Actbusiness newsCOVID-19financial newsIllinois General Assemblyillinois newsillinois political newsJB PritzkerJeff KeicherKeith WheelerMike Murphypolitical news
Share196Tweet123Share5Send

Discussion about this post

📻 ON AIR NOW

.
ADVERTISEMENT
  • Five things you should know before purchasing auto insurance

    611 shares
    Share 244 Tweet 153
  • Nokomis council passes dumpster ordinance

    542 shares
    Share 217 Tweet 136
  • Illinois to see two gas hikes in 2023

    537 shares
    Share 215 Tweet 134
  • Viola Armstrong, 92, Pana

    530 shares
    Share 212 Tweet 133
  • Leto Voudrie, 83, Moweaqua

    528 shares
    Share 211 Tweet 132

HOURS AND INFO

800 Capps Ave.
Nokomis, IL 62075-1415
admin@heartlandnewsfeed.com
Online all the time 
Office Hours: 8 AM to 8 PM
Newsroom: (217) 569-4230
Listen Line:
(217) 569-4230 ext. 1
Advertising:
(217) 718-5281
After-Hours:
(217) 565-9709 / (217) 565-9273

Sitemap | Published Press | Privacy Policy
Staff Email | Independent Media

LIVE WEBSITE VIEWERS

.
ADVERTISEMENT

DEADLINES

Daily: 11 p.m. Central
Weekend: 11 p.m. Central
Sports: 11 p.m. Central

Upcoming deadlines
NYE/NYD: December 30, 5 p.m. Central

WEBRINGS

Hotline Webring: Previous — Next

Some rights reserved 2017-2023 by Heartland Newsfeed, a subsidiary partnership by Heartland Internet Media Networks and Heartland Media Group of Central Illinois LLC. Content published by Heartland Newsfeed staff is covered by the BipCot NoGov license. This allows use and re-use by anyone except governments and government agents. License on record. JNews theme designed and developed by Jegtheme.

No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Some rights reserved 2017-2023 by Heartland Newsfeed, a subsidiary partnership by Heartland Internet Media Networks and Heartland Media Group of Central Illinois LLC. Content published by Heartland Newsfeed staff is covered by the BipCot NoGov license. This allows use and re-use by anyone except governments and government agents. License on record. JNews theme designed and developed by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

00:00
00:00
WP Radio
WP Radio
OFFLINE LIVE
%d bloggers like this: