Here Are the Tax Cuts Included in Illinois' Newly-Approved $46.5B Budget

Österreich Nachrichten Nachrichten

Here Are the Tax Cuts Included in Illinois' Newly-Approved $46.5B Budget
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Illinois lawmakers approved a $46.5 billion budget Saturday that includes $1.8 billion in election-year tax relief, but in which areas will residents benefit?

Updated 2 hours agoFirst and foremost, some Illinoisans will receive direct checks.

The measure includes payment to Illinois residents making less than $200,000 per year or $400,000 per year for couples filing jointly. Each taxpayer would receive $50, plus $100 for each dependent child, capped at three. The checks are just one taxpayer relief program included in the state’s budget. Lawmakers say that the state’s 1% sales tax on groceries will be suspended through the end of the new fiscal year, and a planned increase in the state’s fuel tax, which currently sits at 39 cents per gallon, will not take effect until at least Jan. 1.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

nbcchicago /  🏆 545. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Finland Seizes $46 Million Worth Of Russian Art Over EU SanctionsFinland Seizes $46 Million Worth Of Russian Art Over EU SanctionsI am a Texas native covering breaking news out of New York City. I was previously an editorial assistant at the Forbes London bureau. Follow me on Twitter reporterfield.
Weiterlesen »

Illinois lawmakers approve $46.5 billion budget with tax relief for residentsIllinois lawmakers approve $46.5 billion budget with tax relief for residentsThe plan includes a direct payment to Illinois residents making less than $200,000 per year or $400,000 per year for couples filing jointly.
Weiterlesen »

Pritzker, Illinois Democrats' budget agreement provides $1.83 billion in tax relief for working families, governor saysPritzker, Illinois Democrats' budget agreement provides $1.83 billion in tax relief for working families, governor saysIllinois Gov. JB Pritzker and Democratic leaders in the state General Assembly have reached a deal to put money back in your pocket.
Weiterlesen »

Health worker pay, gas tax cut, housing help all addressed in NY's finalized $220B budgetHealth worker pay, gas tax cut, housing help all addressed in NY's finalized $220B budgetDisagreements over policy issues held up passage of the spending plan over a week past an April 1 deadline. The budget has often served over the decades as a vehicle for passing major policy legislation, and this year is being used to tackle issues expected to resonate with voters during an election year.
Weiterlesen »

State Democrats reach Illinois state budget deal, Gov. Pritzker touts $1.8B in relief for taxpayersState Democrats reach Illinois state budget deal, Gov. Pritzker touts $1.8B in relief for taxpayersAn Illinois budget deal has been reached between Democrats in the state House and Senate, which Gov. JB Pritzker says features $1.8B in tax relief.
Weiterlesen »



Render Time: 2025-04-06 01:47:54