Income tax deduction hike clears House in Illinois
The Illinois House approved legislation by a 156 to 13 vote to raise the automatic annual standard deduction from 1000 to keep pace with inflation. If inflation runs at one percent, the deduction would rise to 1060 with a tax saving of 1.88 per person, and backers say long term effects could be substantial.
MENTIONED IN THIS ARTICLE
Richard H. Ieen Lindsay-Schaub
Springfield
James Thompson
Ilinois House
House
Keats
Dexing
Thompson
Bakalis
Bureau of the Budget
Totten
Carbondale Park District
SIU
Turley Park
Murdale
Probe ordered into student loan defaults
Illinois Auditor General ordered to audit state guaranteed student loans after about 1,500 defectors, including 419 state employees. Senate backed the probe amid criticism of the ISSC’s collection efforts. Of 250,000 loans guaranteed since 1966, 15,000 defaulted. half repaid after contact. Of 419 state employee defaults, 233 repaying, 75 bankrupt, five referred for possible prosecution.
MENTIONED IN THIS ARTICLE
Gordon Britton Lindsay-Schaub
Springfield
Illinois Auditor General
Illinois House
Illinois State Scholarship Commission
ISSC
David Regner
R-Mt. Prospect
Auditor General’s Office
Robert Austin
Carol Wennerdahl
Ms. Wennerdahl
Attorney General’s Office
Wennerdah
Memorial Day date change headed to governor in Illinois
The General Assembly sent to the governor a bill to move Memorial Day observance from May 30 to the last Monday in May. Senate approved the House amendment by a 41-12 vote. Senator Robert Mitchler opposed the change, calling Memorial Day sacred. Illinois law and federal practice differ on the date. Mitchler criticized Congress as he spoke of the action. In a separate move, the House approved a measure to let a legislative study commission meet in closed sessions to study electronic banking security. The vote was 118-21. the Senate had already passed the measure.
MENTIONED IN THIS ARTICLE
Springfield
General Assembly
Senate
House
Robert Mitchler
Roswego
Illinois
Mitchler
Congress
Legislative Study Commission
Electronic Funds Transfer Study Commission
Rep
Also Mentioned on This Page
Roger Keats
Winnetka
Donald Totten
Hoffman Estates
Rolland Tipsword
D-Taylorville
Tipsword
Michael Bakalis
Eugene Schlickman
Arlington Heights
The
Illinois Conservative Union
Clarence E. Neff
R-Stronghurst
Owen Brothers National Heating & Plumbing
W. Willow Sr
Carbondale
Mercy
Waterloo
Kentucky
Ore Molly Sagas Tmce Iz
Louis Szathmary
the Bakery
James B Beam
Clermont Beam
Robbe, NunnBush
Pedwin
Herrin
Herrin & University Mall
Hart Schaffner
Marx
Palm Beach
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