It appears we’re inching closer to getting a passed budget following the end of last week marking the end of the fiscal year. Obviously, our state is in very, very bad shape — and without a passed budget for what seems like a century now, Illinois would be in peril without something happening. Just watch this video, and you’ll see.
Following a weekend full of negotiation and talks, the Illinois House of Representatives passed a budget yesterday. Now it will need to head over to the Senate, but things look good to get it passed.
Check out all the details via Tom Kacich at the News-Gazette:
SPRINGFIELD — Defying Gov. Bruce Rauner and his millions in campaign funds, more than a dozen Illinois House Republicans Sunday night voted for a permanent increase in the individual Illinois income tax from 3.75 percent to 4.95 percent.
The corporate income-tax rate also will increase, from 5.25 percent to 7 percent.
The vote was 72-45, a veto-proof majority if the vote holds after a promised Rauner veto.
Moments later, the House approved a companion budget bill, 81-34.
The Senate still must vote on the $5 billion income-tax increase, perhaps as early as today, but Democrats hold a greater majority in the Legislature’s upper chamber, and it is expected to pass with less drama than the House’s more than two hours of debate that included shouting, jeering and some tears.