
New taxes on sports bets, nicotine products as Democrats pass $55.2B budget
New taxes on sports bets, nicotine products as Democrats pass $55.2B budget. Spending plan raises over $1B in revenue; income, sales taxes not affected.
New taxes on sports bets, nicotine products as Democrats pass $55.2B budget. Spending plan raises over $1B in revenue; income, sales taxes not affected.
Revenue projections have dropped below Pritzker’s proposed spending plan.
Governor J-B Pritzker and other state officials visited Champaign’s International Prep Academy Wednesday, part of the governor’s tour of the state to promote education spending in the new state budget.
Gov. JB Pritzker and Democratic leaders announced Wednesday they’ve agreed to a framework for next year’s roughly $50 billion state spending plan, even as negotiations continued in the final stretch of lawmakers’ already-extended spring legislative session.