• RSS News – Lou Lang

    • Matching people to jobs - Herald Times Reporter September 21, 2014
      Matching people to jobsHerald Times ReporterLang believes there are several key reasons why ABR employees enjoy their assignments at the manufacturer. "We immerse them in our culture ... when we have celebration achievements they are part of them ... when there are rewards, they receive them, ...
    • Candidate for Illinois Governor Wants to Sell Medical Marijuana Program to ... - The Daily Chronic September 20, 2014
      SFGateCandidate for Illinois Governor Wants to Sell Medical Marijuana Program to ...The Daily ChronicLou Lang, who sponsored the current law, called Rauner's remarks “insulting” to the state's seriously ill patients who will benefit from medical marijuana. “The whole notion that Mr. Rauner would veto the bill, the notion that it would go to the ... […]
    • Bruce Rauner Comes Out Against Medical Marijuana - CBS Local September 17, 2014
      CBS LocalBruce Rauner Comes Out Against Medical MarijuanaCBS LocalState Representative Lou Lang (D-Skokie) called Rauner's comments, “heartless” and “appalling.” “That means he would have vetoed the opportunity for some of the sickest people in our state to get a product they need to improve their quality of life ...Rauner: Medical marijuana licenses sh […]
    • Advocates Tear Apart GOP Candidate's Anti-Marijuana Comments - Huffington Post September 17, 2014
      The RepublicAdvocates Tear Apart GOP Candidate's Anti-Marijuana CommentsHuffington PostLou Lang (D-Skokie) told NBC Chicago that withholding names ensures the state will "choose applicants that have no regard for who you are, who you know, how much money you have, what campaign donations you made and what relationships you may ...Rauner needs to tu […]
    • Medical marijuana law sponsor defends secret bids - fox2now.com September 14, 2014
      KSDKMedical marijuana law sponsor defends secret bidsfox2now.comLou Lang, D-Skokie, said Friday that the law's confidentiality clause also prevents companies from getting information about competitors that could give them an advantage, The Southern reported. “The idea was to keep this not secret in the sense of ...Medical marijuana law sponsor defends s […]
    • 'Nico: Underground' At Theatre For The New City, In Alphabet City, Ends Run On ... - Classicalite September 20, 2014
      Classicalite'Nico: Underground' At Theatre For The New City, In Alphabet City, Ends Run On ...ClassicaliteDirected by Michael Schirallia, starring Tammy Faye Starlite and written by T. D. Lang (aka Starlite) the show is one part concert, one part a fictionalized version of a radio interview from Melbourne in 1986, just a few years before Nico' […]
    • Storm Large Plays the McCullough Theatre Tonight - Broadway World September 20, 2014
      Storm Large Plays the McCullough Theatre TonightBroadway WorldThe release includes American songbook classics like Cole Porter's "I've Got You Under My Skin" and Richard Rodgers' "The Lady is a Tramp" next to Black Sabbath's "N.I.B." and Lou Reed's "Satellite of Love," each re-imagined in spark […]
    • Report: Cost to renovate Eastern would pass $45 million - Lansing State Journal September 18, 2014
      Report: Cost to renovate Eastern would pass $45 millionLansing State JournalLou Hekhuis of East Lansing, chairman of the alumni group, said helping Eastern's students boost achievement and getting the school off the state's persistently low-achieving list are top priorities. "I think it's a little early to talk about whether ...
    • Alexandria-Arlington community events, Sept. 18-25, 2014 - Washington Post September 17, 2014
      Alexandria-Arlington community events, Sept. 18-25, 2014Washington Post“Influence and Inspiration” exhibit, works by the Washington Color School artists and Art League instructors Sam Gilliam and Lou Stovall featuring the Art League's 60-year celebration. Noon-4 p.m. Thursday-Friday and Sunday, 1-4 p.m. Saturday, the ...and more »
    • Solons to LWV: Don't hold your breath - Evanston Now August 25, 2014
      Solons to LWV: Don't hold your breathEvanston NowMembers of the Evanston and Skokie delegation in the Illinois General Assembly told the local League of Women Voters Monday that one of their principal legislative initiatives was going nowhere this year. The issue is a graduated rate income tax that ...
  • RSS Blogs – Lou Lang

    • An error has occurred; the feed is probably down. Try again later.

Tax Relief Bill to Bring $150 Million to Illinois Households, Says Rep. Lang

(Skokie, IL) – The Illinois House of Representatives on Monday approved a $150 million tax relief bill targeting individual households.

The legislation, Senate Bill 400, which the House passed on a vote of 67-49, would increase Illinois’ Earned Income Tax Credit for low-income, working households from a maximum of $283 to $566, boosting worker take home pay $55 million in 2012 and $110 million in 2013.

According to Deputy House Majority Leader Lou Lang (D-Skokie), a married couple with three children earning $30,000 a year would pay $799 in Illinois income taxes under current law. The new tax relief bill would drop their tax bill to $625 this year and $600 next year.

“For many hard-working families, $200 is a significant amount of money to go back in their pocket,” said Lang. “In turn, they will likely spend that money at a local business, boosting the economy.”

More than 2.5 million people benefited from the tax credit in 2009.

In addition to raising the earned income tax credit, the legislation also raises the standard tax exemption for households from $2,000 to $2,050, indexing it for inflation.

“By raising the standard, individual tax exemption, we will be adding an additional $40 million to Illinois households,” said Lang.

House lawmakers also voted, 81-28, for legislation, Senate Bill 397, to provide tax relief to top Illinois employers, such as the Chicago Mercantile Exchange, Sears, and nearly 30,000 small businesses.

“The business tax relief will keep more than 8,100 jobs in Illinois,” said Lang.

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: