- Associated Press - Tuesday, June 27, 2017

SPRINGFIELD, Ill. (AP) - House Democrats have advanced a statewide property tax freeze to appease the Republican governor and get a budget before Saturday’s deadline.

The Revenue and Finance Committee approved the measure 7-1 Tuesday. The four-year freeze moves to the House floor.

Gov. Bruce Rauner has insisted that property taxes be held in check as part of a budget deal. The state has had no annual spending plan for two years and another fiscal year begins Saturday.

The Democrats’ plan would prohibit most local governments from increasing taxes.

Notable exceptions include Chicago, its schools and 17 other financially distressed districts. Also, the freeze would not apply to many city governments struggling to pay debt or make contributions to police and fire pensions.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide