Illinois Approves $53.1B Budget, Eliminates Grocery Tax
TL;DR Summary
Illinois has eliminated its 1% grocery tax in the newly passed $53.1 billion state budget, aiming to provide financial relief to families amid rising prices. While this move is expected to benefit consumers, it could reduce revenue for local municipalities, which are now allowed to impose their own grocery taxes up to 1%. The budget awaits Governor Pritzker's signature, with some Republicans expressing concerns about future financial stability.
- Illinois grocery tax eliminated in newly passed budget. Here's what that means for you NBC Chicago
- House Democrats expected to vote on $53.1B budget as Republicans complains of overspending The Associated Press
- Senate Democrats send $53.1B spending plan to House Capitol News Illinois
- Illinois plans to phase out 1% grocery tax, but municipalities worry about lost revenue CBS Chicago
- Illinois lawmakers approve $53.1 billion budget, tax hikes Chicago Tribune
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