The plan includes a direct payment to Illinois residents making less than $200,000 per year or $400,000 per year for couples filing jointly.
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It also includes Democratic legislative leaders’ response to soaring prices with temporary tax breaks on gas, groceries and real estate levies, and also includes a permanent expansion of a tax credit for low- and moderate-income taxpayers. The budget also includes more than $200 million for new public safety initiatives that answer Republican criticism that Democrats were not doing enough to address rising crime.The budget plan, which also puts $1 billion into a state "rainy day" fund, now awaits Pritzker’s signature. It would go into effect on July 1, the start of the state’s fiscal year.
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