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

Illinois quick hits: 'Lawsuit inferno' bill takes effect after Pritzker signed 267 measures Friday

Illinois quick hits: ‘Lawsuit inferno’ bill takes effect after Pritzker signed 267 measures Friday

By Jim Talamonti | The Center SquareThe Center Square 'Lawsuit inferno' bill takes effect Gov. J.B. Pritzker has signed legislation which led the American Tort Reform Association to label Illinois...
WATCH: UW-authored study on surgery times contradicts CMS basis for reimbursement cuts

WATCH: UW-authored study on surgery times contradicts CMS basis for reimbursement cuts

By Carleen JohnsonThe Center Square New findings published in the Journal of the American College of Surgeons contradict the Centers for Medicare & Medicaid Services, or CMS, claim that surgery...
State defends gun ban district court ruled unconstitutional

State defends gun ban district court ruled unconstitutional

By Greg Bishop | The Center SquareThe Center Square (The Center Square) − Ahead of oral arguments over Illinois’ gun ban in the federal appeals court, attorneys for the state...
Trump aiming for ceasefire, world awaiting news from Putin summit

Trump aiming for ceasefire, world awaiting news from Putin summit

By Morgan SweeneyThe Center Square President Donald Trump is meeting with Russian President Vladimir Putin in Alaska Friday in the hopes of negotiating a ceasefire or initial steps toward peace...
Pritzker acts upon 269 bills, vetoes 2, signs 'lawsuit inferno' measure

Pritzker acts upon 269 bills, vetoes 2, signs ‘lawsuit inferno’ measure

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – In a Friday announcement of the status of 269 bills, Gov. J.B. Pritzker has signed legislation which...
Report: average American to receive $3,752 tax cut in 2026 due to OBBBA

Report: average American to receive $3,752 tax cut in 2026 due to OBBBA

By Thérèse BoudreauxThe Center Square The White House is touting a new economic analysis that estimates taxpayers will see an average $3,752 tax cut in 2026, due to provisions in...
Republican, Dem work to prevent deportation of entrepreneur

Republican, Dem work to prevent deportation of entrepreneur

By Chris WoodwardThe Center Square It is not every day that people on opposite sides of the political spectrum join forces, but that is exactly what Lisa Everett and Brent...
Nevada superintendent says ICE won't enter schools

Nevada superintendent says ICE won’t enter schools

By Liam HibbertThe Center Square The superintendent of the nation's fifth-biggest school district said U.S. Immigration and Customs Enforcement agreed to not conduct raids or arrests in schools in Las...
MAHA-style bill would close food additive safety loophole

MAHA-style bill would close food additive safety loophole

By Thérèse BoudreauxThe Center Square With deregulation-focused Republicans in Congress reluctant to fulfill the industry-wary goals of the Make America Healthy Again initiative, some Democrats are taking up the torch....
Legislators criticize Illinois’ utility policies as ‘unsustainable’

Legislators criticize Illinois’ utility policies as ‘unsustainable’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker’s law banning utility shutoffs during extreme heat and cold is sparking concerns over rising...
John-Wofford-1755084241

John William Wofford, 55

John William Wofford, 55, of Charleston, Illinois, formerly of Casey, Illinois, passed away unexpectedly on Friday, August 8, 2025, at 8:50 p.m. in rural Westfield, Illinois. He was born January...
D.C. attorney general sues Trump administration, claiming 'unlawful' takeover

D.C. attorney general sues Trump administration, claiming ‘unlawful’ takeover

By Sarah Roderick-FitchThe Center Square Days after President Donald Trump declared “Liberation Day” by federalizing the Washington, D.C. Metropolitan Police Department and deploying hundreds of National Guard members to curb...
What’s on the table for Trump’s meeting with Putin?

What’s on the table for Trump’s meeting with Putin?

By Caroline BodaThe Center Square President Donald Trump is flying to Alaska on Friday for a high-stakes meeting with Russian President Vladimir Putin to discuss terms for a ceasefire in...
WATCH: Illinois In Focus Daily | Friday Aug. 15th, 2025

WATCH: Illinois In Focus Daily | Friday Aug. 15th, 2025

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 talks with gun...
Federal government to drop 300,000 workers this year

Federal government to drop 300,000 workers this year

By Brett RowlandThe Center Square The federal government is on pace to eliminate about 300,000 workers this year. Office of Personnel Management director Scott Kupor said 80% of those employees...