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April 25, 2022
Illinois General Assembly Adjourned – Adopted $46.4 Billion Budget
- Suspends the 1 percent sales tax on groceries for one year – saving consumers $400 million • Freezes the 2.2-cent motor fuel tax increase for six months • Doubles the property tax rebate – up to $300 per household • Permanently expands the earned income tax credit – an additional $100 million for working families • Provides direct checks (up to $200) to working families -$50 per individual -$100 per child, up to three children per family —Income limits: $200,000 for individuals and $400,000 for joint filers • Back to school tax relief for families and teachers – $50 million
State:
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