Senator StadelmanSPRINGFIELD – To create an equitable and responsible budget that helps people in all corners of the state, the Illinois Senate Democratic Caucus announced a $1.8 billion tax relief plan to give Illinois residents the financial assistance they need – a proposal that State Senator Steve Stadelman (D-Rockford) is pleased to support.

“We spent the past few years getting the state’s finances back on track, now it’s our turn to help families do the same,” Stadelman said. “That’s why we are outlining a plan that will put more money back into Illinois residents’ pockets and ensure they can help our state continue on the path toward recovery.”

The plan outlined Friday would directly deliver relief checks valued at $100 per person and $50 per child to state taxpayers making $250,000 individually or $500,000 jointly – sending money to 97% of taxpayers. A household of four could see a $300 check. Taxpayers could also see an additional $300 property tax relief check – a proposal mirrored after Governor JB Pritzker’s budget proposal.

To address inflation and the rising prices at the pump, the plan also suspends the 1% state grocery tax and the state’s portion of the gas tax increase for six months. Parents could see additional relief at the store from Aug. 5 through Aug. 14 thanks to a plan to also wipe out the state sales tax on clothing, shoes and school supplies to give consumers an economic boost as they go back-to-school shopping.

“Many families are in need of assistance, and when kids are getting ready to go back to school, they will be pleased to know there is help available,” Stadelman said. “Families will be receiving assistance at the grocery store, the gas station, and at home – knowing that we have their back.”

The comprehensive proposal also includes increased tax credits for teachers and volunteer first responders. Senator Stadelman is working with his colleagues to vote on the measure – Senate Bill 1150 – by the planned April 8 adjournment.

###

Category: Press Releases

COVID19 Updates

COVID-19 Resources

const-survey-pic-2014

Follow Sen. Stadelman

facebooktwitter

eNewsletter Signup

eNewsletter Signup
  1. First Name(*)
    Invalid Input
  2. Last Name(*)
    Invalid Input
  3. Your Email(*)
    Please let us know your email address.

Contact Info

Springfield Office:
Senator 34th District
121B Capitol Building
Springfield, IL 62706
(217) 782-8022
 
District Office:
200 S. Wyman St., Suite 301
Rockford, IL 61101
(815) 987-7557
(815) 987-7529 FAX