ISDC

Details: Wednesday, July 10, 2024 12:56 PM

CHICAGO - With public transit in the RTA region approaching a budget deficit in 2026, Senate Transportation Chair Ram Villivalam held a subject matter hearing on Tuesday regarding the state of public transit and how it supports the local economy.

“Today, we were able to have crucial and robust conversations about the current state of public transit and its relation to our economy,” said Villivalam (D-Chicago). “Many key stakeholders, from the agencies to business and labor groups, were able to share their insights as to how we can maintain and improve service, and what we can do to underpin a vibrant economy.”

As heard from constituents, public transit riders are currently facing issues including delayed service, no routes or limited coordination of services between providers. This presents an issue for many, as they are left without reliable transportation to reach essential places or services such as health care appointments, jobs or education.

Faraci applauds $51 million investment to UIUC-led iFAB tech hub

Details: Wednesday, July 03, 2024 11:40 AM

CHAMPAIGN – State Senator Paul Faraci and the U.S. Economic Development Administration announced approximately $51 million for the Illinois Fermentation and Agriculture Biomanufacturing Tech Hub.

“I am thrilled to see the iFAB Tech Hub receive this funding,” said Faraci (D-Champaign). “This investment emphasizes the importance of promoting cutting-edge research and development in our state. We are paving the way for projects and services that will benefit our communities and economy for generations to come.”

The iFAB Tech Hub, led by the Integrated Bioprocessing Research Labortory at the University of Illinois Urbana-Champaign, unites over 30 partners from academia, industry and government in Central Illinois to meet the growing demand for fermentation in biomanufacturing. Funding for the hub will be allocated through a Phase 2 Implementation grant to support infrastructure development and industry partnerships, positioning Illinois as a leader in precision fermentation.

Simmons Law to Erase Medical Debt for Low-Income Households

Details: Wednesday, July 03, 2024 10:13 AM

CHICAGO – State Senator Mike Simmons’ new law will provide relief to more than 300,000 residents burdened by medical debt.

“Countless households and families will finally experience the long-awaited relief from extremely burdensome debts,” said Simmons (D-Chicago). “The Medical Debt Relief Act will have a profoundly broad impact on people across our state who are struggling with medical debt. At least 90% of Illinoisans burdened by medical debt live under 400% of the federal poverty level. This law will allow people to live a more prosperous life.”

A component of the Fiscal Year 2025 budget, Simmons’ law will alleviate medical debt for Illinoisans through the Medical Debt Relief Pilot Program — easing financial strain and promoting economic stability for individuals and families across the state. To qualify for the program, individuals must have a household income below 400% of the federal poverty level or possess medical debt amounting to 5% or more of their annual household income.

Stadelman law safeguards consumers from medical debt

Details: Tuesday, July 02, 2024 03:35 PM

SPRINGFIELD – Consumers will now have protection against adverse medical debt reporting, thanks to a new law championed by State Senator Steve Stadelman.

“We have taken a crucial step to protect our residents from the undue hardships caused by medical debt,” said Stadelman (D-Rockford). “This is a positive step toward ensuring no one will have to suffer the long-term financial consequences of medical emergencies that are beyond their control. This law is about fairness and compassion, and it reflects our commitment to standing up for the rights of others.”

The law aims to address the growing concern over the impact of medical debt on consumers’ credit scores. Medical debt, often incurred through no fault of the consumer, has been a leading cause of financial distress, disproportionately affecting vulnerable populations and hindering their access to credit and essential services.