Lawmakers Agree on Major Income Tax Hike, But No Budget

Illinois Lawmakers Convene Special Session As Budget Deadline Looms
After almost two years without a state budget, lawmakers in Illinois are scrambling to hammer out a deal before the fiscal year ends Friday. Pictured: A veto session at the Illinois State Capitol in 2016 in Springfield, Ill. (Seth Perlman/AP)
Illinois Lawmakers Convene Special Session As Budget Deadline Looms
After almost two years without a state budget, lawmakers in Illinois are scrambling to hammer out a deal before the fiscal year ends Friday. Pictured: A veto session at the Illinois State Capitol in 2016 in Springfield, Ill. (Seth Perlman/AP)

Lawmakers Agree on Major Income Tax Hike, But No Budget

Illinois lawmakers are back to work after a dramatic vote in the House to increase income taxes by 32 percent. 

Attention turns Monday to the Senate, where lawmakers will consider the budget measures approved by the House a day earlier. The tax legislation increases the personal income tax rate from 3.75 percent to just under 5 percent. Corporations would pay 7 percent instead of 5.25 percent. 

Republican Gov. Bruce Rauner already promised to veto it. Also moving to the Senate is a $36 billion spending plan the House OK'd Sunday. It's about $1 billion less than the spending outline the Senate passed in May.

Morning Shift hears from WBEZ State Politics Reporter Tony Arnold on the latest from Springfield.