SPRINGFIELD, Ill. (AP) — Illinois Gov. J.B. Pritzker is scheduled to unveil his first annual budget proposal amid an estimated $3.2 billion deficit.
The Democrat will address a joint session of the General Assembly on Wednesday with his plans for state spending in the fiscal year that begins July 1.
READ MORE: Chicago Weather: Rounding Out The Warmest Weekend Of The WinterHis administration this month estimated that without action, the state could be in a $3 billion hole in the spring of 2020.
READ MORE: MISSING: Khoshaba Dikyanos, 84, Last Seen In Lincoln SquarePritzker campaigned on a progressive income tax and legalizing recreational marijuana . But the graduated income tax would have to be voted on and that couldn’t happen until 2020.
Legalized marijuana could produce up to $1 billion in new tax revenue. But legislation has yet to be proposed and it’s unclear how soon cannabis could be sold if the law is approved.
MORE NEWS: Chicago Speed Cameras To Start Issuing $35 Tickets To Drivers Going 6 MPH Over The Limit On Monday(Copyright 2019 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)