State lawmakers will return to Springfield December 12 and try once again to approve a package of tax law changes designed to prevent several major employers from fleeing the state.
The House of Representatives plans to convene December 12, with the Senate going into session the next day. While Republican lawmakers continue to negotiate with the Governor and the Democrat majority to craft the changes, there is frustration among GOP lawmakers who warned their Democrat colleagues last year that the 67% tax increase approved in January 2011 would have a disastrous effect on Illinois’ jobs climate.
Meanwhile, Illinois continues to draw unwanted attention for the state’s financial mismanagement. Recently Illinois’ problems drew international attention when the British publication, The Economist, published a December 3 article that began, “The state finances in Illinois are an ugly mess of deficits, unpaid bills and tax refund backlogs.”" />Skip to Main Content
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