Illinois House approves $53 billion spending plan, awaits Gov. Pritzker's signature
CHICAGO — Illinois House lawmakers approved the fiscal year 2025 spending plan, which is said to be the largest in the state's history.The $53 billion budget was approved with a 65 to 45 vote in the early morning hours after the state Senate passed it on over the weekend.The budget includes more money for public schools, specifically $350 million in increased funding for schools throughout the state.
Sportsbooks, retailers, and other corporations will be hit with almost $750 million in tax hikes to raise more money for the state.Democrats called the budget balanced, while state Republicans criticized an allotment of half a billion dollars to migrants and healthcare for undocumented people. The budget will raise some taxes but eliminate a 1% tax on groceries and add a child tax credit.
Illinois State Senate JB Pritzker Illinois House Of Representatives
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