Happy Independence Day

With the upcoming Fourth of July holiday, members of the Illinois Senate Democratic Caucus are reminding communities to celebrate safely and to reflect on the meaning of the day. Click here to read a special word about the holiday from many of our Senators.

Senate Democrats praise work done to increase Moody's rating for the first time in two decades

SPRINGFIELD – For the first time in more than 20 years, Illinois’ General Obligation bond rating got an upgrade from Moody’s Investors Service – one of the nation’s primary credit rating agencies. Members of the Illinois Senate Democratic Caucus praise the General Assembly’s work to get the state to this point.

“Stability and responsibility produce results. You don’t need to ruin people’s lives to have sound fiscal policies and positive outcomes,” said Senate President Don Harmon (D-Oak Park). “I want to thank Governor Pritzker and Speaker Welch for their teamwork in helping us find a better way forward.”

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Illinois allows student-athletes to be compensated

SPRINGFIELD – Illinois now allows student-athletes to be paid for the use of their names, image, or likenesses because of ex-NFL and Northwestern University alum State Senator Napoleon Harris, III (D-Harvey).

“Finally student-athletes will receive some financial benefit for the use of their names, images, and likenesses,” Harris said. “Their schools will no longer receive all the financial benefits. The students deserve compensation from the hard work of being a college athlete and making their schools millions of dollars.”

Read more.

In case you missed it

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Senator Mike Simmons, Chicago: Meet the leaders fighting hair discrimination in Illinois | CBS 2 Chicago

Senator Steve Stadelman, Rockford: Illinois Gaming Board approves construction on temporary Hard Rock Casino | CBS 23 WIFR

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With the upcoming Fourth of July holiday, members of the Illinois Senate Democratic Caucus are reminding communities to celebrate safely and to reflect on the meaning of the day.

“As a veteran, I encourage people to remember why we celebrate the Fourth of July,” said Assistant Majority Leader Tony Munoz (D-Chicago). “We commemorate those individuals who fought for our independence and the troops who continue to make the ultimate sacrifice for our freedom.”

Independence Day celebrates the signing of the Declaration of Independence on July 4, 1776, which declared that the thirteen American colonies would no longer be under the rule of Britain’s King George III and united the colonies as free and independent states.

From family picnics to big firework shows, people across Illinois will celebrate the freedom granted to this great nation years ago.

“The Fourth of July commemorates the ultimate sacrifice made for our freedom,” State Senator Christopher Belt (D-Swansea) said. “As we celebrate our country’s freedom, it’s important to remember those who fought for our independence then and those who serve our country today.”

PLAINFIELD – Ava “Gracie” Benstine, a recent graduate of Oswego High School, was one of just five students statewide selected by the Illinois Conservation Foundation to receive the Conservation Achievement Scholarship, State Senator Meg Loughran Cappel (D-Shorewood) announced Friday.

Benstine was chosen for the $2,000 scholarship because of her dedication to environmental protection in her community.

“Positive change always starts at the local level,” Loughran Cappel said. “In order to curb the very real effects of climate change, we need more people like Gracie Benstine to lead the way in our communities.”

Volunteering at a community food pantry garden, Benstine composted natural fertilizer, collected rainwater, and helped provide 2,000 pounds of produce for families in need. As a member of the local Student Leadership Initiative Program and the National Honor Society, Benstine also helped remove invasive plants at local forest preserves, participated in cleanups along the Fox River, raised money for tree planting efforts, and organized student-to-student efforts to study and combat impacts of climate change.

“Gracie’s long list of accomplishments speak for themselves, and I could not be more proud of her for taking the initiative to make a difference in her community,” Loughran Cappel said.

Benstine’s nominators praised her community service ethic and student leadership roles. Benstine plans to attend Augustana College in Rock Island.

More information on the scholarship program and a list of other recipients can be found on ICF’s website.

VILLA PARK – State Senator Tom Cullerton (D- Villa Park) is pleased to announce that Fitch Ratings Agency, which is one of the primary credit rating agencies, revised Illinois’ outlook on General Obligation Bonds from negative to positive. Moody’s Investor Service also recently bumped Illinois’ financial outlook.

“This change in rating is good news for Illinois taxpayers,” Cullerton said. “As Illinois heads to a more fiscally-responsible future, that means more resources will be freed up for residents of our state to get the resources they need.”

According to Fitch, Illinois’ recently passed Fiscal Year 2022 budget and the state’s action to pay back federal deficit borrowing have played a role in getting Illinois’ economy back on track. Additionally, the state has made these gains without sacrificing funding on pension payments and has even allowed the state to increase funding for K-12 education.

Moody’s Investor Service also upgraded their Illinois’ credit rating, further reflecting the state’s commitment to economic security.

“These adjusted ratings are proof that our state has been taking the necessary steps to get on the road to fiscal recovery,” Cullerton said. “Even with the financial hardships from the pandemic over the last year, Illinois has proven itself capable of taking actions needed to reach a brighter future.”

Fitch’s full analysis is available here.

CHICAGO – Assistant Majority Leader Tony Munoz (D-Chicago) has been appointed to the Illinois Veteran’s Advisory Council to address significant issues and concerns of Illinois veterans.

“As a veteran, I am proud to be appointed to the Veteran’s Advisory Council,” Munoz said. “One of my top priorities as a legislator has always been to protect and support veterans. I will continue to work with my colleagues to ensure veterans are taken care of.”

The council is empowered to review and study the issues and concerns that are most significant to Illinois veterans and advise the Illinois Department of Veterans Affairs on how to address the issues and concerns.

SPRINGFIELD – For the first time in more than 20 years, Illinois’ General Obligation bond rating has received upgrades from Moody’s Investors Service and S&P Global Ratings – two of the nation’s primary credit rating agencies. Members of the Illinois Senate Democratic Caucus praise the General Assembly’s work to get the state to this point.

“Stability and responsibility produce results. You don’t need to ruin people’s lives to have sound fiscal policies and positive outcomes,” said Senate President Don Harmon (D-Oak Park). “I want to thank Governor Pritzker and Speaker Welch for their teamwork in helping us find a better way forward.”

CHICAGO – State Senator Mattie Hunter (D-Chicago) is congratulating Phillips Academy for being awarded a grant to support hands-on, interdisciplinary STEM-based curriculum that prepares students for life beyond the classroom.

“Phillips Academy could not be more deserving of this award,” Hunter said. “I am so proud of all the students and faculty who have worked hard during the pandemic, and I am excited for the opportunities this grant will provide.”

Thanks to the grant, Phillips Academy High School, which falls in the 3^rd District, will be able to offer a new Project Lead The Way Engineering Program. The program will help students build knowledge and skills in engineering while helping them develop essential skills such as problem solving and critical thinking.

The opportunity is made possible through a partnership between Ardagh Group, a global supplier of infinitely recyclable metal and glass consumer packaging, and PLTW, a nonprofit organization that offers transformative classroom and learning experiences for PreK-12 students.

Paul Coulson, chairman and CEO of Ardagh Group, expects to invest $50 million over ten years to support education in our U.S. communities. With this initiative, this is Ardagh’s first partnership with PLTW and will make an initial investment of $12 million in this multi-year, impactful program.

PLTW provides PreK-12 schools, teachers, and students with hands-on interdisciplinary STEM-based curriculum that uniquely prepares students for life beyond the classroom through pathways in computer science, engineering, and biomedical science. More than 15,000 programs in more 12,200 schools in all 50 states and the District of Columbia offer PLTW programs. For more information about PLTW, visit pltw.org.  

“With this grant, Phillips students will be able to better plan for a successful future,” Hunter said. “The possibilities for success are endless when you give young people the proper resources to excel.”

WILL COUNTY, Ill. – With Illinois receiving its first credit upgrade in nearly two decades, State Senators Meg Loughran Cappel and John Connor praised the result of efforts during last spring’s budget negotiations.

“The decision to upgrade the state’s credit rating is a result of fiscally responsible budget making and is fantastic news for Illinois taxpayers,” said Loughran Cappel (D-Shorewood).. “This will lead to reduced interest rates for state borrowing, freeing up taxpayer dollars to be invested in places like our public education system.”

Moody’s analysis determined the enacted Fiscal Year 2022 budget for the state increases pension contributions, repays emergency Federal Reserve borrowings and keeps a backlog of bills in check with only constrained use of federal aid from the American Rescue Plan Act.

“Illinois’ improved rating shows that we are making responsible fiscal decisions as viewed by an outside agency,” said Connor (D-Lockport). “For the first time in over 20 years, Illinois is moving forward.”