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JB Pritzker

155 Results / Page 7 of 18

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Illinois general revenues
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Capitol News Illinois

Illinois general revenues top $50 billion for first time

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

Illinois JB Pritzker
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Decision 2022

Pritzker continues to deny he’s seeking higher office

SPRINGFIELD (The Center Square) – Illinois Gov. J.B. Pritzker continues to deny he’s seeking to make a bid for the White House in 2024. The incumbent Democrat has been rumored as a possible 2024 Democratic contender for president of the United States. He was asked if that’s the case last week. “Well, I’m supporting [President Joe Biden] in his reelection and he has said and indicated that he intends to run, so that’s where I stand,” Pritzker said. “I’m going […]

todayJuly 7, 2022

Illinois
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Chicagoland Region

At least six killed in Illinois July 4th parade mass shooting

HIGHLAND PARK, Ill. (UPI) -- At least six people died in a shooting at an Independence Day parade north of Chicago on Monday, local police said. The shooting took place just after 10 a.m. along the holiday parade route in Highland Park, Ill., about 30 miles north of Chicago, WMAQ-TV reported. Authorities said that in addition to the six deaths, at least 16 people were hospitalized with injuries, the Chicago Tribune reported. Witness Peter Kontonis told the newspaper he saw […]

todayJuly 5, 2022

Illinois shooting Robert Crimo III
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Chicagoland Region

Illinois police: July 4 parade mass shooter in custody

HIGHLAND PARK, Ill. (UPI) -- A man wanted in connection with the slaying of six people at an Independence Day parade north of Chicago, Illinois on Monday was taken into custody eight hours after the incident, authorities announced. Robert Crimo III, 22, identified earlier in the day as a "person of interest" in connection to the mass shooting, was pulled over in Lake Forest, Ill., and arrested without incident after a brief pursuit, Highland Park, Ill., Police Chief Louis Jogmen […]

todayJuly 5, 2022

Illinois JB Pritzker
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Capitol News Illinois

Temporary tax relief measures to begin Friday in Illinois

SPRINGFIELD (Capitol News Illinois) – Illinoisans will receive some modest tax relief starting Friday when the state’s new fiscal year begins. That includes some income tax rebates, property tax rebates, a suspension of the state’s 1 percent tax on groceries, and a six-month pause on the scheduled inflationary increase in the state’s motor fuel tax. Gov. JB Pritzker and legislative Democrats held a news conference publicizing those tax breaks as consumers grappled with 8.6 percent inflation, the highest rate in […]

todayJuly 1, 2022

Republicans Republican
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Capitol News Illinois

Six Republicans vie to unseat Pritzker

SPRINGFIELD (Capitol News Illinois) – Republican voters in Illinois will choose from six candidates to challenge incumbent Democratic Gov. JB Pritzker in the upcoming June 28 primary. Field of Republican candidates seeking the nomination The field includes a conservative farmer and state lawmaker who is the recent polling frontrunner, the mayor of Illinois’ second largest city, a former state senator, and three political newcomers. Darren Bailey Darren Bailey, 56, is a conservative state senator from Xenia, a small town in […]

todayJune 24, 2022

JB Pritzker
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Capitol News Illinois

Pritzker calls special session on reproductive rights

SPRINGFIELD (Capitol News Illinois) – Gov. JB Pritzker will call a special session of the General Assembly in the coming weeks to focus on legislation to strengthen women’s access to abortion and other reproductive health services in Illinois. Pritzker made that announcement Friday, just hours after the U.S. Supreme Court released an opinion overturning the landmark 1973 abortion rights case Roe v. Wade. Pritzker: "We knew this day was coming" “We knew this day was coming,” Pritzker said at a […]

todayJune 24, 2022

Illinois grocery tax
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Illinois

Illinois grocery tax suspended for one year

Illinois residents can say goodbye to grocery tax for a year starting July 1. The Public Act (P.A) 102-0700 will suspend the state's 1% low sales rate and use tax on retail sales of groceries typically taxed at this rate. The suspension will run through June 30, 2023. This public act information became available in April when Gov. J.B. Pritzker and other lawmakers made the reveal of the Illinois budget deal. So, expect residents' bills to stay the exact total as […]

todayJune 12, 2022

Illinois JB Pritzker
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Capitol News Illinois

Fitch, S&P announce Illinois credit ratings upgrades

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

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