Protected: SUBSCRIBERS ONLY - Budget stuff (Updated)
Monday, May 27, 2024 - Posted by Rich Miller
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OPPOSE The Interchange Fee Prohibition Act
Monday, May 27, 2024 - Posted by Advertising Department [The following is a paid advertisement.] HB 4951 contains a new Act that has NO revenue impact on the State, and would have major impact on card processing in Illinois. The Interchange Fee Prohibition Act is retailer backed legislation that would disrupt the electronic payment system that Illinois consumers rely upon to transact business in a safe and convenient manner. Impacted industries responsible for implementing the change were left out of negotiations, and the result is bad public policy. Global payment systems operate in a uniform manner to process transactions worldwide. This legislation will set Illinois apart as a nationwide outlier. States that have carefully considered similar legislation have all REJECTED these proposals as being nearly impossible to implement, threatening consumer privacy and disrupting a system that works well today. STOP efforts to disrupt the current interchange system. REMOVE the Interchange Fee Prohibiton Act from HB 4951! More information here.
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Welch to convene House at noon tomorrow
Monday, May 27, 2024 - Posted by Rich Miller * Speaker Welch…
* Click here to see the “cheat sheet,” click here to scroll through Sunday’s live coverage. Some budget-related news stories…
* WAND: Illinois Senate Democrats pass $53.1 billion budget, send plan to House * Sun-Times: Illinois Senate approves $53.1 billion budget plan; House returns Tuesday * Tribune: Illinois Senate approves state budget with $750 million in tax hikes, measure now moves to the House * Lee Enterprises: Illinois lawmakers close to finalizing $53 billion state budget * Capitol Fax: Harmon: ‘Each budget is its own beast, and this one was a doozy’ * Capitol Fax: Two Senate Democrats voted against the budget, three voted against the revenue bill * SJ-R: Grocery tax eliminated under $53.1 billion budget approved by Illinois Senate * A couple of non-budget stories…
* CNI: Prairie Band Potawatomi land deal clears Senate, will head back to House * OK, on to a couple of reactions that I found in my inbox earlier today. Illinois Municipal League…
* Economic Security Illinois…
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