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* Homewood-Flossmoor Chronicle…
At a time when the country is famously divided, the Illinois legislature found common ground on at least one issue during the recent session: Both the House and Senate voted unanimously to dissolve the Chicago South Suburban Mass Transit District. […]
Assuming the bill is signed by Gov. J.B. Pritzker, the agency that owns several commuter parking lots along Metra’s Electric Line was cease to exist on Jan. 1, 2022.
Homewood will then gain control of commuter parking on both sides of the tracks.
The CSSMTD was created in 1967 as part of the Illinois Local Mass Transit District Act. Its intent was to acquire, construct and operate public mass transit facilities or subsidize their operation.
* Maybe the GA could audit some classes…
High school students may soon be able to take financial literacy courses as part of their required two years of social studies with a measure awaiting the governor’s approval.
One of the more than 90 bills on Gov. J.B. Pritzker’s desk would give high school students in Illinois the ability to learn about financial literacy during part of the two years of required social studies.
Senate Bill 1830 passed both chambers unanimously. State Rep. Deanne Mazzochi, R-Elmhurst, said that’s what sets the proposal apart from other curriculum updates lawmakers passed, like requiring sex education for all grades or requiring certain histories to be taught.
“I think when it comes to a lot of the mandates where you see opposition it usually is because that either what you’re getting is not education but indoctrination, or what you’re seeing is areas that are rightfully left to the parents,” Mazzochi said.
A recently passed bill would add self-identified gender identity and sexual orientation to the existing annual reporting requirement for public corporations.
The bill is on Gov. J.B. Pritzker’s desk.
State Sen. Emil Jones III, D-Chicago, filed Senate Bill 1730. It aims to identify corporations that want to promote qualified LGBTQ individuals to serve on their leadership boards.
* Another one…
A measure on Gov. J.B. Pritzker’s desk could protect taxpayers from having to cover the cost of golden parachutes and special deals for public university administrators.
After several high-profile cases of public university administrators in Illinois getting large severance packages, a couple of years ago Illinois lawmakers made changes.
“We put a restriction on how much these severance packages could be,” said state Rep. Stephanie Kifowit, D-Oswego. “What we found is that there was a loophole in the original bill.”
While the cap on severance was at one year’s salary, that law didn’t include whether an administrator was transitioned to another job within the institution as part of that agreement.
posted by Rich Miller
Wednesday, Jun 23, 21 @ 11:08 am
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Comment by What's in a name? Wednesday, Jun 23, 21 @ 11:22 am
For years have thought teaching kids about credit cards, loan terms, etc much more important then say Geometry.
Comment by low level Wednesday, Jun 23, 21 @ 11:29 am
Two years is not enough. Mandatory 4 years. Speaking from experience. My kids. All college grads, are woefully inept when it comes to finance. As a parent, I believe I failed in this area.
Comment by Blue Dog Wednesday, Jun 23, 21 @ 11:37 am
Chicago South Suburban Mass Transit District disbanded.
Read the small print. 3 member communities get FREE parking lots. The other members(some far less affluent) split up the crumbs.
Looks like equity isn’t that important.
Comment by Equity Wednesday, Jun 23, 21 @ 12:46 pm
===Looks like equity isn’t that important===
Says the guy who complained about Lightfoot not doing interviews with white people on one day.
Comment by Rich Miller Wednesday, Jun 23, 21 @ 12:51 pm
According to the CSSMTD website, there are only lots in Homewood, Olympia Fields, and University Park operated by the District these days: https://www.cssmtd.org/ (see “Districts’ Parking). Since the District doesn’t levy any property taxes, why was this even done?
Comment by thisjustinagain Wednesday, Jun 23, 21 @ 12:56 pm
== High school students may soon be able to take financial literacy ==
When I was in HS (back before the earth cooled and knit ties were a thing) I seem to recall there was a requirement to take Economics for a semester (I did it in summer school).
Also at one time I think you could attend a thing called ‘Illinois Business Week’ and that would count.
Comment by OneMan Wednesday, Jun 23, 21 @ 1:03 pm
So yesterday was the post about Illinois being behind in a higher ed funding formula and today is the golden parachute at universities. Higher ed in Illinois needs a total rework.
Comment by Amurica Wednesday, Jun 23, 21 @ 1:04 pm
Illinois public university “golden parachutes” are, essentially, “hush money” to avoid embarrassing revelations in civil suit depositions.
Comment by Anyone Remember Wednesday, Jun 23, 21 @ 1:32 pm
Teaching kids about finances is great idea, particularly when they part about gov financing and realize how much taxes they will be paying (in real numbers) to get less than stellar ROI Entitlement programs, subsidies, social security (pick a program) and have them outline what the true societal benefits are vs what the cost to run them is. That should be eye opening.
Comment by NorthsideNoMore Wednesday, Jun 23, 21 @ 3:22 pm