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Bruce Rauner

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Sam McCann
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Capitol News Illinois

McCann to represent himself in corruption trial

McCann fires court-appointed attorneys on trial’s scheduled start date

SPRINGFIELD (Capitol News Illinois) -- Monday was supposed to have been the first day in the weeklong federal corruption trial of former Republican state Sen. Sam McCann, who allegedly misused more than $200,000 in campaign funds for personal expenses. A pull-down projector screen in the Springfield courtroom of U.S. District Judge Colleen Lawless stood ready to play host to prosecutors’ presentation prepared to accompany their opening statements. But in a bizarre turn of events as Lawless took the bench on […]

todayNovember 27, 2023 19

former Illinois state Sen. Sam McCann
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Illinois

More revelations on McCann alleged campaign funds spending in Federal court filings

SPRINGFIELD -- The federal trial for a former State Senator and one-time gubernatorial candidate indicted for wire fraud, money laundering, and tax evasion is set to begin later this month. New court motions filed on Friday reveal some new information in the case against former 50th District State Senator William “Sam” McCann. According to our media partners at WLDS, McCann served the district from 2011 to 2019. In 2018, McCann created a third party to run for governor against former Republican […]

todayNovember 12, 2023 112

Illinois electric vehicles
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Business News

Battery manufacturing plant coming to Illinois

Lithium-ion plant in Manteno part of state’s ongoing effort to court electric vehicle manufacturing

MANTENO (Capitol News Illinois) -- A new battery manufacturing plant is set to open in northern Illinois next year after the state offered more than $330 million in tax incentives to make it happen. Gotion, a Chinese battery manufacturing and development company, announced on Friday that it will build a lithium-ion battery manufacturing facility in Manteno, about 50 miles south of Chicago. The roughly $2 billion project is set to create 2,600 jobs and begin production in 2024. The plant […]

todaySeptember 8, 2023 72

Illinois
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Capitol News Illinois

Illinois regulators work to avoid federal clean air sanctions

SPRINGFIELD (Capitol News Illinois) – Illinois faces a deadline next month to either change the way it enforces air pollution emission limits on heavy industries or face federal sanctions that could eventually result in restricted access to billions of dollars in federal highway funding. But state agencies are working to avoid that as they rush to meet an Aug. 12 deadline imposed by the federal government to put a new regulatory framework in place that will comply with the federal […]

todayJuly 17, 2023 33

988
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Illinois

Pritzker admin announces 988 suicide lifeline

Lifeline serves as additional avenue to 1-800-273-TALK

CHICAGO -- Illinois Gov. JB Pritzker announced Friday that the Illinois Department of Human Services (IDHS) is rolling out a new service. The new service is a joint effort of IDHS' division of mental health and the federal Substance Abuse and Mental Health Services Administration (SAMHSA). The state's mental health safety net is rolling out the 988 lifeline. The number 988 is a new national suicide prevention and mental health crisis hotline. The code will be available nationwide beginning Saturday. […]

todayJuly 15, 2022 15

Illinois general revenues
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Capitol News Illinois

Illinois general revenues top $50 billion for first time

Pandemic-driven windfalls not expected to last long into current year

SPRINGFIELD (Capitol News Illinois) – State tax revenues grew by $5.5 billion in the fiscal year that concluded on June 30, exceeding $50 billion for the first time in Illinois’ history, according to a new report from a state budgeting agency. The 12 percent base revenue growth in Fiscal Year 2022 gave lawmakers near-unprecedented flexibility in the current budget year. That allowed the General Assembly to approve $1.8 billion in tax relief, pay $500 million more to state pensions than […]

todayJuly 8, 2022 17

Illinois JB Pritzker
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Capitol News Illinois

Fitch, S&P announce Illinois credit ratings upgrades

Rating agency cites ‘fundamental improvement’ in state’s fiscal outlook

SPRINGFIELD (Capitol News Illinois) – Fitch Ratings on Thursday raised the state of Illinois’ rating for general obligation bonds two notches, to BBB+, while S&P Global Ratings on Friday upgraded state bonds by one notch. That means all three major credit rating agencies have updated Illinois credit by two notches in the past year. “The upgrade to 'BBB+' reflects fundamental improvements in Illinois' fiscal resilience including full unwinding of pandemic-era and certain pre-pandemic non-recurring fiscal measures, meaningful contributions to reserves, […]

todayMay 7, 2022 3

Illinois Mendoza
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Capitol News Illinois

Mendoza urges automatic payments into ‘rainy day fund’

State’s financial cushion was exhausted during budget impasse

SPRINGFIELD (Capitol News Illinois) – Illinois Comptroller Susana Mendoza is pushing legislation that would require the state to make automatic deposits into its so-called “rainy day fund” whenever certain financial conditions are met. Officially known as the Budget Stabilization Fund, it was created in 2001 as a reserve so the state could pay its bills in a timely manner, especially during regular months of the year when revenues are lower than other months. The goal was to maintain a reserve […]

todayMarch 13, 2022 32

Cairo Illinois
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Capitol News Illinois

Southern Illinois town pins hopes on river port development

Alexander County saw 36.4% population decline since 2010

CAIRO (Capitol News Illinois) – Anyone who has driven America’s Interstate highway system is familiar with those standard blue signs near major exits indicating the services available ahead – fuel, food, and lodging. Driving south on Interstate 57 in Illinois, approaching the city of Cairo at the state’s southernmost tip, most of the images on those blue signs have been erased. Only the “lodging” sign carries the logo of a single economy-class motel chain. Get off on Exit 1, just […]

todaySeptember 22, 2021 24

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