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‘Credit card chaos’? Financial institutions bet big on repeal of first-of-its-kind Illinois law

“Credit cards may not work for sales tax or tips starting July 1.” By now, you’ve heard that claim, but whether it’s true depends on who you ask. The ads — funded by the Electronic Payments Coalition of banks, credit unions and card companies — argue that Illinois lawmakers must repeal the state’s first-in-the-nation Interchange […]

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Top Democrats say they would consider small changes to Illinois’ SAFE-T Act

Some of Illinois’ top Democrats say they’re open to considering targeted changes to Illinois’ controversial SAFE-T Act this spring if a forthcoming judicial report says they’re needed. Both Gov. JB Pritzker and House Speaker Emanuel “Chris” Welch, D-Hillside, say the changes — if ultimately deemed necessary — would be narrow despite Republicans’ desire to see […]

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Illinois, 4 other states targeted for $10B child care funding freeze win restraining order

llinois and the four other Democratic-led states that were subject to the Trump administration’s freeze on $10 billion in federal funding for child care and family services secured a restraining order on Friday in their lawsuit seeking to block the move. The restraining order, issued by Judge Arun Subramanian in the Southern District of New York, means […]

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New taxes on sports bets, nicotine products as Democrats pass $55.2B budget

Giving almost no time for public review, Illinois Democrats pushed through a $55.2 billion budget for next fiscal year late Saturday, bolstering coffers with new taxes on sports bets, nicotine products and businesses. The $55.2 billion spending plan is supported by $55.3 billion of revenue, including just over $1 billion in new taxes and revenue […]

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Pritzker proposes $2B in spending growth without new income or service taxes

Gov. JB Pritzker has proposed growing spending by about $2 billion without new income or service taxes in the upcoming fiscal year – though his administration acknowledged policy changes by the Trump administration could drastically alter the fiscal landscape. Spending and revenues would each grow by about 3% under the proposal laid out Wednesday during […]

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SAFE-T Act report card

Nine months after cash bail ended in Illinois, the state is taking its first steps in publishing the data that crafters of the bail reform law saw as essential to judging its effectiveness. The data shows that judges in the 75 counties served by the Illinois Supreme Court’s Office of Statewide Pretrial Services had collectively issued failure-to-appear […]

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