Illinois approves $1.5B plan to overhaul Chicago-area public transit

TL;DR Summary
Illinois lawmakers approved a $1.5 billion transit funding package to prevent major service cuts in Chicago, including new revenue sources like sales tax redirects, toll increases, and no fare hikes for a year, while removing proposed taxes on streaming and luxury goods. The bill aims to address the transit agencies' financial struggles caused by pandemic-related ridership drops and federal grant reductions.
Topics:nation#chicago-transit#illinois#local-government#public-transportation#state-legislation#transit-funding
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- Illinois Democrats push through massive $1.5 billion plan that overhauls Chicago-area public transit Chicago Tribune
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