Tax Breaks in Illinois … Maybe
SPRINGFIELD, Ill. (AP) — Illinois senators plan to meet next week to consider tax-relief legislation one day after the House convenes.
The Senate has scheduled its meeting for Tuesday. What it does depends largely on what the House does Monday.
Lawmakers are considering a package of tax breaks for businesses and individuals. One version has already passed the Senate, but bombed in the House.
Now the House will try to pass a revised version. If it succeeds, then the Senate will consider the plan.
The package is meant to keep some big-name companies from leaving Illinois, offer smaller tax breaks for businesses in general, and provide some relief to individual taxpayers and poor families.
Senate President John Cullerton announced the special day of session on Wednesday.
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