In the last hours of the 96th Illinois General Assembly, on January 11, 2011, the legislature took significant action on the State’s budget by passing a bill to increase personal income tax rates from 3% to 5% and corporate income tax rates from 4.8% to 7%. Governor Quinn signed the measure on January 13. The income tax increases, combined with legislation authorizing borrowing of approximately $4 billion to make the State’s annual contributions to its retirement systems, are expected to cover…
On January 13, 2011, the Civic Federation sent this letter to Governor Quinn urging him to sign Senate Bill 3778. Click here to read a Civic Federation blog post on the bill. Dear Governor Quinn: The Civic Federation urges you to sign Senate Bill 3778, a bill that will end the Seniors Ride Free program. This program has strained the resources of public transit agencies while allowing seniors who can afford to pay their fair share the ability to ride for free. SB3778 will limit free rides…
Over the course of 2010 the IIFS blog explored a number of State of Illinois budget topics ranging from Medicaid/HMO funding issues to the State public pension system. Posts on the IIFS blog not only supplement IIFS publications, but also provide additional context and commentary to events in the news and State budget events. Posts about the State Medicaid system featured prominently on the IIFS blog. “Opposition Surfaces to Medicaid HMO Plan” from January 21, 2010 discussed resistance…
In 2010 the Civic Federation blog provided comprehensive information about government and fiscal issues across Illinois for the public, government officials and media. In a range of posts on topics from the effect Public Act 96-0889 would have on local government pension systems to explaining nuances of the Cook County property tax system, the Federation blog offered rapid-response commentary on current events and original research that accompanied the Federation’s publications. Issues…
Congress appears to have sealed the fate of the federal Build America Bond (BAB) subsidy by not including renewal of the program in the package of unemployment benefits and tax incentives authorized last week. Now with less than two weeks left before the program is set to expire on December 31, 2010, many governments are rushing to market with last minute bond sales to take advantage of the hefty federal subsidy. Originally enacted as part of the American Recovery and Reinvestment Act (ARRA) of…
Illinois lawmakers are on a fast-track schedule to reform the State’s Medicaid program, but proposals from state officials and other experts appear to face stiff opposition. As previously discussed in this blog, the Illinois General Assembly’s review of the Medicaid program is part of a push by Democrats that began after the November 2 elections to make changes in state programs long criticized as too costly by Republicans. Bipartisan Medicaid Reform committees in the Senate and House of…
Despite initial results showing that the State of Illinois’ recent tax amnesty program brought in more than $500 million in delinquent tax revenues, a report from the legislature’s financial oversight commission questions how much new General Funds revenue is actually included in the total funds received. The General Assembly approved the tax amnesty program to help boost revenues as part of the FY2011 enacted budget. The legislation allowed delinquent taxes owed to the State from periods…
UPDATE: The Civic Federation commends Governor Pat Quinn for signing Senate Bill 3538, a bill reforming police and fire pensions in Illinois, on Thursday, December 30 as Public Act 096-1495. To read Governor Quinn’s press release, please click here. Click here to read an article from the Chicago Tribune about Governor Quinn’s signing of the bill. This editorial in the Sun-Times echoes the Civic Federation’s position that while the reforms in SB 3538 are a good first step, more must be…
State of Illinois officials want to tighten procedures for Medicaid by using electronic data to verify eligibility—a step also viewed as crucial to deal with the surge in Medicaid enrollment expected under federal healthcare reform. On November 29, 2010, Julie Hamos, Director of the Department of Healthcare and Family Services (HFS), told a committee of the Illinois Senate that HFS needs to cross-check electronic data on Medicaid recipients’ income and employment to weed out ineligible…
UPDATE: The Civic Federation commends Governor Pat Quinn for signing Senate Bill 3538, a bill reforming police and fire pensions in Illinois, on Thursday, December 30 as Public Act 096-1495. To read Governor Quinn’s press release, please click here. Click here to read an article from the Chicago Tribune about Governor Quinn’s signing of the bill. This editorial in the Sun-Times echoes the Civic Federation’s position that while the reforms in SB 3538 are a good first step, more must be done to…
