Illinois News Network

Rental companies push for taxes on car-sharing startups in Illinois with veto override

Illinois lawmakers, encouraged by car rental companies facing competition from startups, are gathering the needed votes to override Gov. Bruce Rauner’s veto of a bill that would tax and regulate the emerging peer-to-peer car sharing industry. https://www.ilnews.org/news/state_politics/rental-companies-push-for-taxes-on-car-sharing-startups-in/article_bbdb2726-e78f-11e8-b5ac-e34c1afc5f46.html

As Amazon passes on Illinois, business community asks why

Despite offering over $1 billion in tax incentives and other perks to lure online retail giant Amazon, Illinois won’t get the company’s $5 billion investment or thousands of high-paying jobs. https://www.ilnews.org/news/economy/as-amazon-passes-on-illinois-business-community-asks-why/article_04b31c50-e78c-11e8-8adb-23713c7cadfc.html

Foundation wants $9.2 million from the state to avoid selling off Lincoln artifacts

The leaders of a private foundation that supports the Abraham Lincoln Presidential Library and Museum in Springfield told Illinois lawmakers that the organization is prepared to sell prized Abraham Lincoln artifacts to pay off a multi-million loan unless the state… https://www.ilnews.org/news/state_politics/foundation-wants-million-from-the-state-to-avoid-selling-off/article_8d047cde-e782-11e8-96e6-c3117a3a81e6.html

Tax experts say Illinois millionaires could try to flout progressive tax

J.B. Pritzker, Illinois’ next governor, promised higher taxes on the wealthy would provide for new state revenue to spend on everything from roads to schools, but some tax experts say other states have sometimes had trouble collecting from wealthier residents… https://www.ilnews.org/news/state_politics/tax-experts-say-illinois-millionaires-could-try-to-flout-progressive/article_e8135ebc-e6bd-11e8-a04d-8765012691f0.html

Hearing Tuesday on whether taxpayers should pay for a hat with questionable links to Lincoln

State representatives have conflicting goals headed into an Illinois House tourism committee hearing about a hat the private Abraham Lincoln Presidential Library and Museum Foundation bought and then sought tax dollars to foot the bill. https://www.ilnews.org/news/state_politics/hearing-tuesday-on-whether-taxpayers-should-pay-for-a-hat/article_e17fa1be-e456-11e8-84e9-8fcf11d71c46.html

Ottawa Weather

Today is