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Friday, May 09, 2008 |
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We Mean Business. Illinois Business. |
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Legislators in the Illinois House of Representatives and the Illinois Senate were sent home June 1 after a budget
impasse at the regular session deadline of midnight, May 31. In addition to a stall-out in plugging the $54 billion
budget's $2.3 billion hole, elected officials are less at odds with each other than they are with the governor and House
speaker. |
Bankers, lobbyists successful in keeping state tax exemption By KERRY L. SMITH SPRINGFIELD - A major piece of banking legislation that would have cost Illinois banks at least a $1 million each annually was defeated in the final days of the 93rd General Assembly, leaving Southwestern Illinois bankers relieved but cautious until next session. [continue]
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April stats show job losses slowing, tax and fee hikes still worrying businesses
Despite an optimistic picture painted by the Illinois Department of Employment Security's latest statistics, business leaders
and economists are concerned about the long-term ramifications the governor's latest tax and fee hikes will have on the
"jobless recovery" in Southwestern Illinois and across the nation.
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