Illinois Democrats propose statewide stimulus checks
Democrats in the Illinois Senate late Friday night proposed a staggering $1.8 billion in tax cuts late that would include stimulus checks for almost all residents.
Why it matters: As inflation rises, local governments are looking at ways to get money into the hands of taxpayers.
Yes, but: The Senate stimulus plan seemed to surprise the governor and Illinois House. The governor's office wasn't briefed on the bill, per Capitol Fax, while House Speaker Chris Welch got a phone call just 30 minutes before the press conference.
- State Republicans now say this is nothing more than an election time stunt.
The intrigue: The proposed stimulus checks would be in mailboxes by September, two months before the general election.
- Funding would largely come from the $8.1 billion federal pandemic relief package Illinois received last year, as well as a state tax revenue surplus.
💰 By the numbers: Most taxpayers would receive $100 per person and $50 per child in their households.
- Property owners would get up to $300 in property tax relief checks.
- Grocery taxes would be suspended six months alongside a suspension of gas tax increases.
- The state would also freeze taxes on school supplies for 10 days in August.
What they're saying: "We're going to drive down skyrocketing gas and grocery costs and give people some needed relief," Senator Elgie Sims said in a press release.
The other side: "Illinoisans will see right through this disingenuous gimmick," GOP leader Dan McConchie said in a statement.
The big picture: State Democrats are following the lead of Mayor Lori Lightfoot, who just announced $12.5 million in free gas and transportation cards for select Chicago residents.
What's next: The proposal will be taken up by the Senate early this week.
- Friday is the final day of the spring session.
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