tax breaks

ov. Bruce Rauner held a press conference to demand Democrats send him SB1. He was flanked by Republican lawmakers.
Daisy Contreras / NPR Illinois

Schools are set to receive payment from the state in just three days, but that can’t happen until the Illinois legislature approves a new “evidence-based” funding model.

Illinois Supreme Court
Brian Mackey / NPR Illinois | 91.9 UIS

The Illinois Supreme Court has struck down a law meant to help a business expand in Illinois.

flickr/jmorgan

Illinois veterans with disabilities will be eligible for more property tax exemptions under a law signed by Gov. Pat Quinn.  

Quinn signed the measure Tuesday. It takes effect immediately.  

The new law allows veterans with disabilities and their spouses expanded property tax exemptions. Disabled veterans will also see an increased homestead exemption to $100,000 from $70,000.  
 In a statement, Quinn says the law will help ensure that veterans aren't ``burdened by overwhelming property taxes.''  

Brian Mackey/WUIS

Illinois legislators wrapped up their two-week veto session this afternoon (Nov. 7), though they may be back in Springfield before the year's end.

The General Assembly knocked one, big item off its to-do list: same-sex marriage. After intense lobbying on both sides, lawmakers on Tuesday sent the governor a measure that will allow gays and lesbians to marry.

The rest of the major issues on the General Assembly's agenda remain:

-a tax package crafted to ensure Archer Daniels Midland keeps its headquarters in Illinois is on hold