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Child Care stability package signed into law

Published: Friday, August 17, 2018 05:24 PM

hutchinson 050918SPRINGFIELD – Two proposals sponsored by State Senator Toi Hutchinson (D-Chicago Heights) to increase stability for the thousands of Illinois families who rely on the Child Care Assistance Program (CCAP) were signed into law today.

The first, House Bill 4965, would bring Illinois in line with federal law by moving to a 12-month redetermination process for CCAP families instead of the current system, which redetermines eligibility every six months.

“Working families must have certainty that child care access will be available past an arbitrary six-month deadline,” Hutchinson said. “Increasing the eligibility period to 12 months brings that certainty to families who are doing exactly what we tell them they are supposed to be doing, which is waking up every morning and going to work or school.”

Illinois Action for Children estimates the state will receive an additional $82.8 million in federal child care funding in moving to a 12-month redetermination process.

Hutchinson co-sponsored a separate proposal signed into law today that will maintain current eligibility requirements for CCAP. The plan – passed in House Bill 5599 – protects CCAP from drastic cuts at the whim of the governor.

The new law will prevent future attempts to decimate the program, similar to what took place in 2015 under Gov. Bruce Rauner, who unilaterally reduced eligibility for 90 percent of CCAP participants. Legislators on both sides of the aisle decried the move. 

“Nearly three years later, CCAP is still recovering from the governor’s cuts,” Hutchinson said. “The gutting of this once-hailed program has had lasting impact on child care centers and families across Illinois. We must continue to do everything we can to instill trust between our child care providers and families.”

Both House Bills 4965 and 5599 were signed today by the governor. House Bill 4965 takes effect on October 1, 2018 and House Bill 5599 takes effect immediately.

Stadelman proposal to educate students on college debt signed into law

Published: Friday, August 17, 2018 05:05 PM

stadelman 041918SPRINGFIELD – College students would be able to make more informed financial decisions about their education under a measure passed this spring by State Senator Steve Stadelman (D-Rockford) and signed into law today.

Stadelman’s proposal, Senate Bill 2559, creates a three-year pilot program that requires each public university and community college to send an annual letter detailing the current loan and annual repayment amounts to all students with college loans.

“Thousands of Illinois students graduate from college each year and face the reality that they owe tens-of-thousands of dollars in student loans. For many of these students, it’s the first time they fully realize the expense of their education,” Stadelman said. “This new law will ensure students know up-front about the cost of their education and can make better financial decisions to save them money later on.”

Student loan debt in the United States skyrocketed from $833 billion to an all-time high of $1.4 trillion according to recent students. On average, college students graduate with over $34,000 in debt, up 62 percent in the last decade.

In 2012, Indiana University began sending new and returning students a letter projecting the amount of debt they were expected to graduate with, along with what their monthly payments would be. After implementing this system, the university saw a decline in the amount of education loans taken out by students. The state of Indiana passed a similar law to cover all state universities and community colleges in 2015.

Senate Bill 2559 will take effect Jan 1, 2019.

Hastings works to update state alimony law

Published: Friday, August 17, 2018 05:03 PM

hastings 0418 prefTINLEY PARK – A new law sponsored by State Senator Michael E. Hastings (D-Tinley Park) will bring Illinois alimony law up to date with recent developments in the tax code.

Hastings’ Senate Bill 2289 was signed into law Friday, creating a new formula for calculating the amount of alimony an individual should receive after a divorce.

The law was passed in response to the December 2017 federal income tax bill, which prohibits alimony or maintenance payments from being tax deductible for the payer or taxable for the recipient.

“This law institutes responsible and fair changes to Illinois’ divorce laws,” Hastings said. “Courts cannot continue to award the same amount considering the fact there is no longer a tax deduction available to the payer.”

When the tax burden shifts on Jan. 1, 2019, this law will take effect and make modifications to reduce maintenance payments to reflect the tax adjustment. It will not affect previous settlements unless there is a finding of a considerable change in conditions that deserves application of the changes.

Senate Bill 2289 is an initiative of the Illinois State Bar Association and will take effect Jan. 1, 2019.

Bertino-Tarrant’s new law will help local entrepreneurs

Published: Friday, August 17, 2018 05:02 PM

jbt 041118 3PLAINFIELD – A new law in the Illinois aims to give veterans, minorities, women and disabled individuals the tools to launch business start-ups in Illinois.

State Senator Jennifer Bertino-Tarrant (D-Shorewood) is the sponsor of the law, Senate Bill 43, which strengthens the small business loan program that was enacted last legislative session under her leadership, was signed into law on Friday.    

Senate Bill 43 ties up a technicality to allow for the administration of loans and expands upon the existing program to help encourage businesses to open up shop in communities across the state.

“Illinois’s economy relies heavily on small businesses,” Bertino-Tarrant said. “Expanding the scope of this vital loan program will help encourage small businesses to make Illinois their home.”

It will also allow the Illinois Finance Authority to administer an increase in low-interest agri-business loans.

This program will serve as a strong resource to Illinois veterans. 

Nearly half of World War II veterans and 40 percent of Korean War veterans went on to own or operate a business, according to Syracuse University‘s Institute for Veterans and Military Families. But now less than seven percent of returning veterans own their own businesses, in part because veterans have fewer resources than their predecessors did.

“Our veterans have made great sacrifices to protect our country,” Bertino-Tarrant said. “It’s our duty to empower them to channel the life skills and training they received in the field as they transition back to civilian life.”

Senate Bill 43 passed the Senate and House with bipartisan support. The new law goes into effect immediately.

Bertino-Tarrant urges potential entrepreneurs to visit www.il-fa.com to learn more about this loan program or contact her Plainfield office at (815) 254-4211 for more information.

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News Releases

IMAGE Child Care stability package signed into law
Friday, 17 August 2018
SPRINGFIELD – Two proposals sponsored by State Senator Toi Hutchinson (D-Chicago Heights) to increase stability for the thousands of Illinois...

Read More...
IMAGE Stadelman proposal to educate students on college debt signed into law
Friday, 17 August 2018
SPRINGFIELD – College students would be able to make more informed financial decisions about their education under a measure passed this spring...

Read More...
IMAGE Hastings works to update state alimony law
Friday, 17 August 2018
TINLEY PARK – A new law sponsored by State Senator Michael E. Hastings (D-Tinley Park) will bring Illinois alimony law up to date with recent...

Read More...
IMAGE Bertino-Tarrant’s new law will help local entrepreneurs
Friday, 17 August 2018
PLAINFIELD – A new law in the Illinois aims to give veterans, minorities, women and disabled individuals the tools to launch business start-ups...

Read More...
IMAGE Cullerton law prohibits punishment of officers for seeking mental health care
Friday, 17 August 2018
VILLA PARK —A new Illinois law championed by State Senator Tom Cullerton (D-Villa Park) will prevent the penalization of police officers for...

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