Illinois House Continues Debate Over Income Tax Increase On Memorial Day
By Associated Press

Illinois House Continues Debate Over Income Tax Increase On Memorial Day
By Associated PressThe Illinois House plans to continue debating a proposed income tax increase as the Senate returns to the question of a property tax freeze.
The House has committee hearings scheduled Monday to continue reviewing the $37 billion budget plan the Senate approved. It includes $5.4 billion in revenue raised mostly by a 32 percent increase in the personal income tax rate from 3.75 percent to 4.95 percent.
The Senate sent the plan to the House last week. It also includes $3 billion in spending reductions.
But Republicans are not on board. GOP members in the Senate said Democrats reneged on a deal to trade a tax increase for structural changes Republican Gov. Bruce Rauner has demanded.
One involves a property tax freeze. Senate Democrats said they’ll still consider one.
Illinois House continues debate over income tax increase