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Revenue

  • Steans seeks to mend budget woes by legalizing marijuana

    legal marijuanaCHICAGO – Senator Heather Steans (D-Chicago) seeks to create a new revenue source for the State of Illinois by legalizing and taxing recreational marijuana. Senate Bill 316 legalizes the possession of up to 28 grams of marijuana and will allow facilities to sell marijuana products.

    “Right now, all the money being spent on marijuana is going into the pockets of criminals and cartels,” Steans said. “In a regulated system, the money would go into the cash registers of licensed, taxpaying businesses. It would generate hundreds of millions of dollars per year in new revenue for our state. Prohibition is a financial hole in the ground, and we should stop throwing taxpayer dollars into it.”

  • Senate sends local funding measure to governor

    sb2039 passes

  • You pay at the pump, why is Springfield keeping your money?

    You pay at the pump, why is Springfield keeping your money?

  • Lame-duck appointments ban becomes law

    morrison biz license webSPRINGFIELD – A law to prevent future governors from engaging in last-minute patronage takes effect today.

    State Senator Julie Morrison (D-Deerfield) introduced the proposal after former Gov. Pat Quinn appointed a political operative to a $160,000-per-year state job at the Illinois Sports Facilities Authority a month after he lost his election last year.

    Her plan affects any director appointed to a governor-controlled board or commission after the governor loses an election. They will be limited to 60 days in the position, allowing the newly elected governor to find the best person for the position. Morrison’s legislation extends beyond the ISFA to include similar government organizations.

    “People are sick and tired of Illinois public officials abusing their positions,” Morrison said. “We shouldn’t need this law, but Gov. Quinn made it clear that we do. Fortunately, now this loophole is closed forever.”

    The Illinois Sports Finance Authority – a government entity – owns U.S. Cellular Field, home of the White Sox, and provided the majority of the financing for the renovation of the Bears’ Soldier Field. It receives subsidies from the state and the city of Chicago, income from the White Sox rental agreement, and revenue from a 2 percent tax on all hotel rentals in Chicago.

    The legislation was originally House Bill 4078.