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Illinois Legislators Pass $46.5 Billion Budget With Tax Relief

April 9, 2022, 5:33 PM

Illinois lawmakers passed a $46.5 billion budget for the year that starts July 1, a spending plan that includes tax relief on groceries, fuel and property while bolstering the state’s rainy-day fund.

The final votes from the House of Representatives and Senate to pass the fiscal 2023 budget came overnight as the legislature’s spring session came to a close. The agreement includes about $1.83 billion in tax relief and puts $1 billion into the state’s nearly empty rainy-day fund. It will now head to Governor J.B. Pritzker, a billionaire Democrat who’s seeking a second term in November, for his ...