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

WATCH: Illinois In Focus Daily | Tuesday Aug. 12th, 2025

WATCH: Illinois In Focus Daily | Tuesday Aug. 12th, 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 delves into the...
Windmill Media Logo

About Us

Your Community, Your News. Welcome to Windmill Media! Our name was inspired by the windmills that once stood as centers of town life, harnessing a natural force to power and...
Everyday Economics: CPI takes center stage as tariff-driven price pressures mount

Everyday Economics: CPI takes center stage as tariff-driven price pressures mount

By Orphe DivounguyThe Center Square The economy was already slowing, and that was before higher tariffs kicked in last week, raising import taxes to the highest level since the Great...
Net negative migration is harmful to the economy, economists say

Net negative migration is harmful to the economy, economists say

By Morgan SweeneyThe Center Square Though the economy and immigration were issues that helped President Donald Trump secure the White House, some economists have said that too steep a decline...
Details pending on billions in foreign investments coming from trade deals

Details pending on billions in foreign investments coming from trade deals

By Brett RowlandThe Center Square When President Donald Trump announced a string of trade deals with key U.S. trading partners recently, he touted pledges for billions of dollars in U.S....
WCO-Finance-Aug-5.1

Will County Health Department Seeks $1 Million to Avert ‘Drastic’ Service Cuts from Expiring Grants

ARTICLE SUMMARY: The Will County Health Department is requesting an additional $1 million in county funding for its 2026 budget to prevent the elimination of 11 critical staff positions, warning...
WCO-Cap-Imp-8.5.1

Will County’s “First-in-Nation” Veterans Center to House Workforce Services, Sparking Debate

ARTICLE SUMMARY: The new Will County Veteran's Assistance & Support Center will also become the home for the county's Workforce Services department, a move officials say will save approximately $250,000 in...
WCO-Finance-Aug-5.2

Improved Vendor Service Creates $1.2 Million Shortfall in Sheriff’s Medical Budget

ARTICLE SUMMARY: The Will County Sheriff’s Office is facing a more than $1.2 million shortfall in its budget for inmate medical services, a problem officials attribute to an ironic cause:...
WCO-PZ-Aug-5.1

Will County Public Works Committee Unveils 25-Year Transportation Plan, Projects $258 Million Gap

ARTICLE SUMMARY: Will County officials have presented "Our Way Forward 2050," a new long-range transportation plan that provides a 25-year vision for infrastructure projects while forecasting a $258 million shortfall in...
WCO-Public-Safety.4

Will County Animal Protection Services Seeks New Facility Amid “Gaping Wound” of Space Crisis

Article Summary: Will County Animal Protection Services is seeking approval for a new facility, telling a county committee that its current building is critically inadequate for housing animals, leading to...
WCO-Cap-Imp-8.5.2

Board Confronts Animal Services Crowding, Explores Future Facility Options

ARTICLE SUMMARY: Will County officials are grappling with an ongoing animal housing crisis that has overwhelmed the county’s Animal Protective Services facility, prompting discussions about expansion, new construction, or even repurposing...
WCO-Finance-Aug-5.3

Will County Board Members Demand Transparency in Cannabis Tax Fund Allocation

ARTICLE SUMMARY: A debate over transparency and process erupted at the Will County Board’s Finance Committee meeting regarding the distribution of local cannabis tax revenue. Board members called for more...
WCO-PZ-Aug-5.2

Homer Glenn Residents Push Back on 143rd Street Widening as Officials Signal “Tentative Agreement”

ARTICLE SUMMARY: A Homer Glenn farm owner voiced strong opposition to the planned widening of 143rd Street during a county meeting, while committee members indicated a "tentative agreement" is in the...
WCO-LEG-8.5.1

Will County Forges 2026 Federal Agenda Amid D.C. Policy Shifts, ‘Big Beautiful Bill’ Impacts

ARTICLE SUMMARY: The Will County Board's Legislative Committee is reshaping its federal priorities for 2026, adding new language on environmental justice and LGBTQIA+ rights while creating a more transparent process for...
WCO-Public-Safety.3

Health Department Seeks $1 Million Levy Increase to Prevent “Weakened System”

Article Summary: The Will County Health Department is asking for a $1 million increase to its property tax levy to save 11 critical jobs that are at risk as post-pandemic...