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Republicans rip House rules, Drury again votes against his party
Tuesday, Jan 24, 2017 - Posted by Rich Miller * So far, the Illinois Republican Party has sent me no press releases whacking individual House Dems, but I assume those are coming. From the ILGOP…
Thanks so much for dragging me into this, ILGOP. The roll call is here. * Rep. Scott Drury, who voted against Madigan for Speaker, voted “No” on the rules today. Rep. D’Amico is listed as a “No,” but he rose after the vote to say he accidentally hit the wrong switch. Reps. Mayfield and Soto have excused absences. …Adding… I should also probably note that House Majority Leader Currie pointed out during today’s debate that all Senate Republicans voted for very similar rules in their own chamber just this month. * From newly elected GOP Rep. Steven Reick…
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*** UPDATED x4 *** Service tax, “opportunity tax” introduced
Tuesday, Jan 24, 2017 - Posted by Rich Miller * Things can change in a nanosecond on days like these, but a new service tax is expected to be unveiled before the Senate Revenue Committee meets today at 3 o’clock. In recent days, I was told that the new tax would be somewhat limited and kinda like Wisconsin’s tax. Click here for that state’s list of taxable services. Candidate Bruce Rauner proposed a limited service tax back in the day. I’m not sure what will be in the Illinois tax at this moment. But when/if it does surface, the amendment will likely be at this link. No vote is scheduled on this and other tax hikes at that 3 o’clock hearing. As explained below, it’s gonna be testimony only. * So, to recap, the sugary drinks tax is being removed from the package, the income tax will be set at 4.99 percent, a corporate tax exemption on certain dividend income that was targeted for repeal likely remains intact and a service tax could become part of the mix. And it’s doubtful that we’ll see floor votes this week…
* As always, keep track of everything by monitoring our live coverage post below. *** UPDATE 1 *** The Senate bill could include what’s called an “opportunity tax.” It’s essentially a tax on employers based on their payroll. It’s supposedly a low tax that could raise big bucks because there are so many employers here. It has been estimated by one business group to raise $500 million a year and it’s sort of a “nod” to Speaker Madigan’s proposal to make all corporations pay a tax. ADDING: I’m now hearing this could raise $750 million a year at the level set in the legislation. *** UPDATE 2 *** The amendment is now public. Click here. A quick reading shows a service tax on storage, amusements, repair and maintenance, landscaping, laundry and drycleaning, *** UPDATE 3 *** And here’s that “opportunity tax” language…
Apparently, there are about 100,000 businesses in Illinois with a payroll of less than $100,000. And, yes, the personal income tax rate will indeed be set at 4.99 percent. The corporate rate will be set at 7 percent. *** UPDATE 4 *** The proposal also repeals the franchise tax, which is a tax hated by the Illinois Policy Institute…
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*** UPDATED x1 *** “Subject matter only” in Senate committees today
Tuesday, Jan 24, 2017 - Posted by Rich Miller * Subscribers know lots more about this topic…
The plan is to take testimony on the bills, then go to caucus late this afternoon. If the caucuses approve, As Monique says, floor votes tomorrow do, indeed, look iffy right now. Stay tuned and keep a close eye on our live coverage post below. *** UPDATE *** Subscribers were told about this earlier today…
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Rauner announces changes to pharmacy oversight
Tuesday, Jan 24, 2017 - Posted by Rich Miller * Our old buddy Ray Long at the Trib…
I still don’t understand why these big pharmacy chains don’t have computer programs that can automatically cross-check a customer’s prescriptions for potential harmful interactions. Why are we relying on human memory here? Humans can make mistakes because they get too busy (on orders from on high) or whatever. …Adding… The proposed additions are underlined along with stricken text…
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*** LIVE *** Session Coverage
Tuesday, Jan 24, 2017 - Posted by Rich Miller * Follow along with ScribbleLive…
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