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Illinois Senate Passes $53.1 Billion Budget with Tax Hikes, Boosts Lawmaker Salaries Amid Internal Disputes

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Published on May 27, 2024
Illinois Senate Passes $53.1 Billion Budget with Tax Hikes, Boosts Lawmaker Salaries Amid Internal DisputesSource: illinois.gov

Democrats in the Illinois Senate greenlit a substantial state budget late Sunday, escalating state spending by $400 million and sanctioning a 5% salary hike for legislators. This move comes as a show of force for the Democratic Party, which holds a tight grip on state government, to press ahead with a $53.1 billion spending plan. Setbacks and internal disputes delayed the finalization of this budget, pushing past a deadline initially self-imposed for the Friday prior, according to the Chicago Tribune.

Working throughout Memorial Day weekend, Senate Democrats aimed to find a consensus and align their goals with the House, while Republicans had to watch from the sidelines, due to their limited clout in the Senate. Don Harmon, Senate President, expressed his confidence, as per the Chicago Tribune, that "the House will be able to pass this budget the way the Senate passed it." Part of the package introduced is estimated to hike taxes by $750 million, with critics concerned about the financial strain on local residents.

The budget has also been infused with substantial funding towards combating homelessness and emphasizing education, with figures reaching more than $290 million for anti-homelessness initiatives. However, the budget plan falls short of what Chicago Mayor Brandon Johnson had requested—an increase of a whopping $1 billion for the city's public schools. As noted by Democratic Sen. Elgie Sims in the SWOKNews, there were "significant resources" included for municipalities within the tax package.

Among the many measures the Senate advanced was a contentious environmental bill regulating carbon capture and sequestration, a component that stirred bipartisan pushback, mainly due to concerns about the impact on the Mahomet Aquifer—a critical water source for roughly half a million people. Sen. Chapin Rose gave voice to this unease, lamenting on the Senate floor the ramifications of prior environmental mishaps affecting the aquifer, as detailed in the Chicago Tribune.