The upcoming budget is set to deliver just under $2 billion in tax relief, while supporting education, healthcare, and other investments.
The upcoming budget is set to deliver, while supporting education, healthcare, and other investments.
The budget suspends the tax on groceries for one year, freezes the gasoline tax for six months, doubles the property tax rebate of up to $300 per household, and permanently expands the earned income tax credit. It also provides direct checks to working families – $50 per individual and $100 per child for up to three children per family. The income limits for these direct checks are $200,000 for individual filers and $400,000 for joint filers.Pritzker also touted that the budget provides $1.
The budget further invests more than $200 million in support for public safety measures, so police can prevent and solve crimes and strengthen investments in violence prevention programs, Pritzker's office said. "For the past three and a half years, my partners in the General Assembly and I have worked to right this state's fiscal ship and ensure state resources are responsibly directed to government's fundamental purpose: uplifting working families," Gov. Pritzker said in a news release."Today, leaders in both chambers have come to an agreement on yet another responsible, balanced budget that does just that. Our plan delivers more than $1.
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