SPRINGFIELD – The State of Illinois weathered the fiscal disruption of the pandemic with a combination of federal assistance and generally prudent state budgets.
While the current budget situation is good, we always have concerns about whether the budget proposals will build new permanent spending into the budget that the state will have difficulty in honoring when the inevitable economic downturns occur. Fiscal restraint when times are good will prepare the state for the bad times.
We are gratified by the Governor’s continued support of incentive programs designed to promote new and existing Illinois businesses, including the data center tax incentives, drafted by the Illinois Chamber.