The Illinois Senate Democratic Caucus unveiled a $1.8 billion tax relief plan to put money back in people’s pockets – a proposal State Senator Doris Turner (D-Springfield) is proud to support.
“Just as families began to bounce back after the financial impact of the pandemic, they were faced with inflation in grocery stores and skyrocketing prices at the pumps,” Turner said. “That’s why we want to use the budget surplus to help families in our communities who have endured so much.”
The plan outlined Friday would directly deliver relief checks valued at $100 per person and $50 per child to state taxpayers making $250,000 individually or $500,000 jointly – sending money to 97% of taxpayers. Taxpayers could also see an additional $300 property tax relief check. To address inflation and the rising prices at the pump, the plan also suspends the 1% state grocery tax and the state’s portion of the gas tax increase for six months. Parents could see additional relief at the store from Aug. 5-Aug. 14 thanks to a plan to also wipe out the state sales tax on clothing, shoes and school supplies to give consumers an economic boost as they go back-to-school shopping.
“As families prepare to send their children back to school, they will be able to take advantage of a ten day tax break on clothing and shoes for their children,” Turner said. “This will be a welcome relief to young families with growing children.”
The comprehensive proposal also includes increased tax credits for teachers and volunteer first responders. Senator Turner is working with her colleagues to vote on the measure – Senate Bill 1150 – by the planned April 8 adjournment.