House Revenue and Finance Committee

Madigan's Plan To Add Tax On Millionaires Advances In HouseThe day after Illinois Gov. Pat Quinn called for making Illinois' temporary income tax increase permanent, a proposal to impose an additional tax on millionaires was sent to the House floor Thursday.
Illinois Lawmakers Warned About State's Fiscal CliffCongress isn’t the only government body facing a “financial cliff.” Illinois lawmakers also are being warned about the state’s dire financial situation, which could get even worse if the federal government has to slash funding to the states.