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

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

Meeting Briefs

Meeting Summary and Briefs: Frankfort Fire Protection District Board of Trustees for August 19, 2025

The Frankfort Fire Protection District Board of Trustees made a firm financial commitment to its pursuit of a future tax referendum at its meeting on Tuesday, August 19, 2025. The...
frankfort illinois library logo graphic.1

Frankfort Library Approves Funds for New Heaters, Tree Removal

Article Summary: The Frankfort Public Library Board of Trustees approved nearly $20,000 in spending for essential building and grounds maintenance, including the replacement of several heating units and the removal...
Screenshot 2025-10-17 at 1.51.14 PM

Summit Hill 161 Welcomes Will County Sheriff’s Deputy as New School Resource Officer

Summit Hill School District 161 Board Meeting | September 17, 2025 Article Summary: Summit Hill School District 161 officially introduced Will County Sheriff's Deputy Justin Farkas as the district's new...
Meeting Briefs

Meeting Summary and Briefs: Frankfort Square Park District for August 21, 2025

The Frankfort Square Park District Board of Commissioners reviewed a clean annual audit, heard a detailed presentation from the Lincolnway Special Recreation Association (LWSRA), and approved several administrative measures at...
frankfort fire district graphic logo.6

Frankfort Fire Board Adopts FY 2026 Budget Amid Rising Insurance Costs

Article Summary: The Frankfort Fire Protection District Board of Trustees has unanimously adopted its budget and appropriation ordinance for the 2026 fiscal year. The approval came after a public hearing...
WCO 2025-09-27 at 9.04.36 AM

Meeting Summary and Briefs: Will County Board for September 18, 2025

The Will County Board navigated a contentious meeting on September 18, 2025, marked by narrow votes on two highly debated land use issues in Crete and Homer Glen. The board...
About Us Website Header - 1

Library Approves $14,700 for Reading Room Architectural Services

Article Summary: The Frankfort Public Library board has approved a $14,700 proposal from StudioGC for architectural services for its long-planned reading room project, moving the renovation forward after it was...
Meeting Briefs

Meeting Summary and Briefs: Frankfort Township Board for August 11, 2025

The Frankfort Township Board of Trustees on Monday, August 11, 2025, passed a significant resolution empowering Supervisor Nick George to negotiate the development of township-owned real estate, a move aimed...
Screenshot 2025-10-17 at 1.50.57 PM

Summit Hill 161 Board Approves $40 Million Budget for 2025-2026 School Year

Summit Hill School District 161 Board Meeting | September 17, 2025 Article Summary: The Summit Hill School District 161 Board of Education unanimously approved a roughly $40 million budget for...
Meeting Briefs

Meeting Summary and Briefs: Lincoln-Way Community High School District 210 Board of Education for September 18, 2025

The Lincoln-Way Community High School District 210 Board of Education on Thursday, September 18, 2025, formally adopted a $172.7 million budget for the 2025-2026 school year. The budget includes a...
frankfort-square-park-district.2

LWSRA Details Services for Residents with Disabilities, Plans ‘Hero Village’ Grand Opening

Article Summary: Keith Wallace, Executive Director of the Lincolnway Special Recreation Association (LWSRA), presented an overview of the agency’s services to the Frankfort Square Park District board, highlighting its support...
Joliet-Junior-college.-Graphic-Logo.3

JJC Moves Forward with Major Technology Overhaul to Modernize College Operations

Article Summary: The Joliet Junior College Board of Trustees received a detailed update on a sweeping Enterprise Resource Planning (ERP) project, a major initiative designed to modernize the college's core...
Meeting Briefs

Meeting Summary and Briefs: Frankfort Park District for August 12, 2025

The Frankfort Park District Board of Commissioners on Tuesday, August 12, 2025, approved a significant construction change order for the Fort Frankfort project and received updates on the use of...
frankfort fire district graphic logo.2

Frankfort Fire District Hires Two Firms for Over $70,000 to Lead Referendum Campaign

Article Summary: The Frankfort Fire Protection District has officially committed to a community outreach campaign for a potential tax referendum, approving agreements with both a professional consulting firm and the...
Joliet-Junior-college.-Graphic-Logo.2

Meeting Summary and Briefs: Joliet Junior College Board of Trustees for August 20, 2025

The Joliet Junior College Board of Trustees focused on a major technological overhaul, celebrated milestones in student support, and addressed internal governance issues at its regular meeting on August 20,...