August 14, 2015
Federal $ Moving Forward
The House was in session on Tuesday and Wednesday of this week. The House will return Tues., Aug. 25 and the Senate will return Wed., Aug. 19.
The House Appropriations Committee Tuesday passed A#2 to SB 2042 to add $585 million in GRF funding and $165 million from other state funds to an underlying spending bill. That underlying bill would allow the state to pay $4.8 billion in federal dollars to state services.
The full House on Wednesday failed to pass A#2, and passed A#3 to SB 2042, which would allow the state to pass through more federal dollars and includes new rules to let McPier pay bondholders, but leave the GRF funding out. The measure now goes back to the Senate for concurrence.
Property Tax Freeze (The Re-Mix)
One tax-related matter was considered by the full House Aug. 12. Amendments 1 (property tax freeze) and 2 (collective bargaining) to HB 683 were debated, and were identical to the amendments to HB 682, HB 681, HB 680, HB 697,HB 693 and HB 692, which were considered in past weeks by the full House and, when combined, were in sum identical to amendment 1 of SB 1046 proposed by Sen. GOP Leader Radogno as a portion of the Governor’s legislative agenda.
As was the case in prior weeks, A#1 was adopted on a largely partisan vote, and A#2 was again defeated. The bill as amended by amendment 1 was moved to third reading but was not called for a vote of the full House.
On Aug. 12, the House Executive Committee held a subject matter hearing on one tax-related bill, SB 318. It passed the Senate last week and includes property tax freeze language, as well as provisions dealing with funding of the Chicago teacher pension fund, and addresses public school funding by establishing a committee to come up with a new formula by June 2017. SB 318 was not voted on by the Executive committee on Wednesday and the Chair of the committee indicated that the subject matter hearing on the bill will be continued.
Chamber Golf Outing Sept. 9
The annual golf outing is Wed., Sept. 9 at The Rail Golf Course in Springfield. We hope you will join us for an afternoon of fun and networking. For more information, go to the registration page.
Do you have golf balls, tees, sacks, or other items that you’d like to get in front of Illinois Chamber members? We’re organizing goodie bags, and you could put your logo in the hands of hundreds of business executives.
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