A coalition of supporters – including certain environmentalists wanting to get the strictest air and water-supply protections as possible – reached an agreement in March. Only for the deal to dissolve.
But now the coalition says it’s resolved those issues.
Tom Wolf heads the Illinois Chamber of Commerce Energy Council.
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Todd Maisch, the executive vice-president of the Illinois Chamber of Commerce writes that the Illinois Department of Revenue is trying to bypass the state legislature (similar to Obama’s – the Chicago way – bypassing Congress) to enact a delivery tax as a service charge to be paid anytime a delivery is made.
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One in five adults in Illinois is currently uninsured, and if they can’t get employer insurance, some will become eligible for government subsidies through the “marketplace” (formerly known as the exchange), which is a state and/or federally-run service intended to centralize and streamline shopping for private health insurance. Sliding scale subsidies in the form of tax credits will be available to those making up to four times the federal poverty level. Currently, Illinois has agreed to an insurance marketplace run jointly by Illinois and the federal government, but Minzer says the Chamber of Commerce supports opening a state-run marketplace by 2015.
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Senate Republican Leader Christine Radogno (R-Lemont) was honored by the Illinois Chamber of Commerce on Thursday, May 2, as a “Champion of Free Enterprise.” Representatives from the Illinois Chamber, including Chamber President and CEO Doug Whitley and Midwest Director for JP Morgan Liz Hartigan Connelly, were on hand to present Radogno with the award in her Capitol Office.
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With backing from Senate President John Cullerton, Sen. Andy Manar authored a bill — co-sponsored by Republican Sen. Kirk Dillard — that is supported by the Illinois Chamber of Commerce, is opposed by DCEO officials and has left chambers of commerce statewide to wonder whether anyone involved in state government can see the forest through the trees.
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The New Albany shale play could add jobs and economic growth to the southern Illinois economy – but only if environmental protestors don’t succeed in banning hydraulic fracturing statewide.
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The Illinois Chamber of Commerce applauded the vote, saying the plan will “put the state back on a path to fiscal solvency.”
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Illinois House members passed the Illinois House Speaker’s plan to reform state pensions Thursday. The plan raises the retirement age of workers under 45, calls for higher employee pension contributions, and limits the cost of living adjustment retirees may collect. The pension system is currently underfunded by 97 billion dollars. Madigan’s plan now heads back to the Illinois Senate. Meantime, the controversial plan received the backing of the governor and the Illinois Chamber of Commerce.
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“It could potentially be Illinois’ gold rush,” said Republican state Rep. Pam Roth of Morris, whose La Salle-area district has sand deposits she said could be used in the fracking process.
Bost pointed to a December 2012 Illinois Chamber of Commerce report showing that fracking could generate as many as 47,000 jobs.
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According to an Illinois Chamber Foundation study, new natural gas production in Illinois could create anywhere from one to 47,000 jobs. The study concluded fracing in Illinois, under modest assumptions, would be a significant creator of new jobs translating into billions of dollars in economic impact for the state.
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