Illinois lawmakers are set to tackle a $2.2 billion budget gap in the upcoming legislative session, with Democrats committed to addressing affordability for Illinois families. Governor JB Pritzker's administration is projecting a shortfall that could lead to cuts in Medicaid and food assistance programs.
Lawmakers will also consider the proposed construction of a new stadium for the Chicago Bears, which could potentially shift some costs to local taxing bodies if approved by Illinois officials. However, Senate President Don Harmon has tempered expectations, stating that finding certainty for property tax increases is a difficult task.
Another contentious issue on the agenda is tweaks to the SAFE-T Act, a landmark criminal justice law passed in 2021. Following a horrific Blue Line attack last year, lawmakers are awaiting a report from Cook County Chief Judge Charles Beach's office to determine potential adjustments.
Additionally, Illinois Rep. Kam Buckner has filed a bill that would extend Bally's temporary casino operation at Medinah Temple for another year. In contrast, the financially struggling Hawthorne Race Course is facing criticism from state lawmakers and local officials who want it to secure financing to build its racino or be taken over by another operator.
The upcoming session will also touch on a potential millionaire tax and sports betting regulations. Illinois House Speaker Emanuel "Chris" Welch has floated the idea of a surcharge tax on millionaires, citing the need for an additional revenue source to address affordability concerns.
As lawmakers prepare for their legislative push, some are keeping an eye out for new opportunities in the gambling sphere.
Lawmakers will also consider the proposed construction of a new stadium for the Chicago Bears, which could potentially shift some costs to local taxing bodies if approved by Illinois officials. However, Senate President Don Harmon has tempered expectations, stating that finding certainty for property tax increases is a difficult task.
Another contentious issue on the agenda is tweaks to the SAFE-T Act, a landmark criminal justice law passed in 2021. Following a horrific Blue Line attack last year, lawmakers are awaiting a report from Cook County Chief Judge Charles Beach's office to determine potential adjustments.
Additionally, Illinois Rep. Kam Buckner has filed a bill that would extend Bally's temporary casino operation at Medinah Temple for another year. In contrast, the financially struggling Hawthorne Race Course is facing criticism from state lawmakers and local officials who want it to secure financing to build its racino or be taken over by another operator.
The upcoming session will also touch on a potential millionaire tax and sports betting regulations. Illinois House Speaker Emanuel "Chris" Welch has floated the idea of a surcharge tax on millionaires, citing the need for an additional revenue source to address affordability concerns.
As lawmakers prepare for their legislative push, some are keeping an eye out for new opportunities in the gambling sphere.