Peoria Public Radio Staff
Mon March 24, 2014
Some lawmakers worry about approving a partial-year budget
During his budget speech Wednesday, Gov. Quinn will presumably answer the question he has avoided answering for months: what should Illinois do about the temporary income tax increase, set to rollback in January? That's midway through the next fiscal year.
The situation has prompted rumblings that instead of passing a full-year's budget, lawmakers will only pass one that's good for six-months. Effectively, shoving off the tax question until after the November election, when Quinn's expected to have a tight race against Republican Bruce Rauner. Lots of General Assembly members are also running for re-election.
But Rep. Carol Sente, a Democrat from Vernon Hills, says that would leave groups that depend on state funding unable to do their own financial planning.
"Businesses, providers, you know, education, everyone does their budget get based on a year; they need to know what we're thinking first."
If the tax hike expires, lawmakers would have to cut about $2 billion to make up for that lost revenue.