© 2024 Peoria Public Radio
A joint service of Bradley University and Illinois State University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Illinois Senate Delays Votes On Sticky 'Grand Bargain' Bills

Paul Coussens

The Illinois Senate has adjourned without taking action on remaining items from the "grand bargain" budget compromise. Democrats who run the chamber say they might push forward with remaining items after approving several parts of the compromise on Wednesday.

But what remains are some of the tougher measures. One would increase the personal income tax from 3.75% to 4.95% and the corporate rate from 5.25% to 7%.  Republicans have agreed to those numbers but only in exchange for their preferred issues, including a property tax freeze for homeowners and cost-saving changes to the workers' compensation program.

Democrats have offered a two-year property tax freeze but that failed Wednesday. Talks continue on workers' compensation.  Both House and Senate are in session Friday.

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.