IL lawmakers could address energy prices, transit, taxes during veto session

Spread the love

(The Center Square) – The Illinois General Assembly’s fall veto session begins Tuesday, and taxes are expected to be part of the conversation.

This year, legislators have proposed a number of different taxes to fund public transportation.

The revised regional transit fiscal cliff is estimated to be around $300 million, down from $770 million during the spring and summer.

State Sen. Willie Preston, D-Chicago, said nobody likes taxes.

“But I think everything is on the table right now. I just want to make sure we don’t burden working class and poor people more than we already have,” Preston told The Center Square.

When asked Friday at an unrelated event in Hickory Hills, Gov. J.B. Pritzker did not say if he would approve potential tax hikes.

Lawmakers may revisit a bill Pritzker vetoed. Senate Bill 246 would allow the state treasurer to set up an investment pool for nonprofits.

In his veto message, the governor said the measure would allow fringe and extremist groups to benefit from Illinois’ financial investments.

Illinois State Treasurer Michael Frerichs disagreed and promised to discuss potential next steps with lawmakers.

“I strongly disagree with the governor’s misguided belief that hate groups would use a state investment pool,” Frerichs said in a statement provided to The Center Square in August.

Energy legislation is expected to be a top priority during veto session after lawmakers held hearings on various energy-related issues in recent weeks.

Pritzker blamed Illinois’ high energy prices on President Donald Trump removing taxpayer subsidies for solar and wind. He also pointed the finger at regional grid operators PJM and MISO.

“They are not bringing online those solar and wind projects that are already completed and ready to go,” Pritzker said.

The governor did not say whether he would consider relaxing the state’s decarbonization mandates which Republicans say have caused energy bills to rise across Illinois.

Preston said he wants the state to broaden its energy portfolio to include battery storage, but he expressed concern about the cost. Another line item on a utility bill could crush working-class people, he said.

“I am a hard ‘no’ as of right now on an energy omnibus until we can address the issue of raising rates on ratepayers and taxpayers,” Preston said.

The General Assembly is scheduled to meet this Tuesday through Thursday, Oct. 14-16, and again Oct. 28-30.

Leave a Comment





Latest News Stories

FBI arrests 34 in NBA, poker gambling probe involving crime families

FBI arrests 34 in NBA, poker gambling probe involving crime families

By Jon StyfThe Center Square Thirty-one people including Miami Heat player Terry Rozier and Portland Trail Blazers coach Chauncey Billups were arrested along with 32 others on Thursday morning in...
Poll: Americans divided on Trump's deportation, immigration policies

Poll: Americans divided on Trump’s deportation, immigration policies

By Andrew RiceThe Center Square Americans are divided on President Donald Trump’s deportation and immigration policies, according to a new poll. The Center Square Voters’ Voice Poll found that 46%...
WATCH: Pritzker to sign exec. order to ‘pursue accountability’ amid federal deployments

WATCH: Pritzker to sign exec. order to ‘pursue accountability’ amid federal deployments

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop starts the program...
Helicopter crash claims lives of Bailey's son, daughter-in-law, grandchildren

Helicopter crash claims lives of Bailey’s son, daughter-in-law, grandchildren

By The Center SquareThe Center Square (The Center Square) – Illinois Republican gubernatorial candidate Darren Bailey’s campaign has released a statement following the death of Bailey’s son Zachary and his...
Illinois quick hits: Pritzker creates commission to hear alleged ICE abuses

Illinois quick hits: Pritzker creates commission to hear alleged ICE abuses

By The Center SquareThe Center Square Pritzker creates commission to hear alleged ICE abuses Through executive order, Illinois Gov. J.B. Pritzker created the Illinois Accountability Commission to take testimony of...
WATCH: WA Senate candidates differ on taxes, parental rights, protecting girls' sports

WATCH: WA Senate candidates differ on taxes, parental rights, protecting girls’ sports

By Carleen JohnsonThe Center Square With less than two weeks before the general election, two candidates for one of the most closely watched races in Washington state are sharing their...
Newsom, Bonta vow suit over National Guard deployment

Newsom, Bonta vow suit over National Guard deployment

By Madeline ShannonThe Center Square Editor's note: This story has been updated since its initial publication. Gov. Gavin Newsom addressed concerns that President Donald Trump is sending federal agents to...
U.S. nuclear stockpile hit with shutdown furloughs

U.S. nuclear stockpile hit with shutdown furloughs

By Liam HibbertThe Center Square All 68 federal employees at a Nevada nuclear stockpile site were furloughed in the wake of the U.S. government shutdown. Some contractors remain at the...
Spokane police chief ordered officers not to work with FBI after June 11 protest

Spokane police chief ordered officers not to work with FBI after June 11 protest

By Tim ClouserThe Center Square Spokane Police Chief Kevin Hall directed officers not to work with the FBI in the days following the June 11 immigration protests, according to records...
Treasury sanctions Russian oil companies, calls for ceasefire

Treasury sanctions Russian oil companies, calls for ceasefire

By Andrew RiceThe Center Square The U.S. Treasury Department announced sanctions against two Russian oil companies on Wednesday. The department cited Russia's "lack of serious commitment" to ending the war...
DOJ: Illegal immigrant charged with assault

DOJ: Illegal immigrant charged with assault

By Dave MasonThe Center Square An illegal immigrant from Mexico was expected to make his first court appearance Wednesday following an arrest in which he rammed law enforcement vehicles before...
Manufacturing advocate: 'Follow the actions' with Pritzker on taxes

Manufacturing advocate: ‘Follow the actions’ with Pritzker on taxes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says he prefers growing the economy over raising taxes, but a small and midsize...
Illinois quick hits: National Guard restraining order extended; economic growth above trend

Illinois quick hits: National Guard restraining order extended; economic growth above trend

By Jim Talamonti | The Center SquareThe Center Square National Guard restraining order extended Following an agreement between the state of Illinois and the federal government, U.S. District Court Judge...
US and Qatar say EU climate regulations could impact LNG supplies

US and Qatar say EU climate regulations could impact LNG supplies

By Alton WallaceThe Center Square The U.S. Department of Energy is urging the heads of State in the European Union (EU) to repeal or significantly change climate regulations adopted in...
U.S. debt tops $38 trillion for first time

U.S. debt tops $38 trillion for first time

By Brett RowlandThe Center Square The U.S. national debt reached $38 trillion amid a partial federal government that costs taxpayers $400 million daily to pay furloughed federal workers to stay...