• RSS News – Lou Lang

    • Jack Bruce, Cream bassist, dies at 71 - Chicago Tribune October 25, 2014
      Jack Bruce, Cream bassist, dies at 71Chicago TribuneBruce stayed extremely busy in the years following, recording solo album "Songs for a Tailor" that same year, forming another short-lived power trio, West, Bruce and Lang, in the early 1970s, and playing with everyone from John McLaughlin to Lou Reed ...and more »
    • Cornell grad Tretter working on return to Packer lineup - Ithaca Journal October 24, 2014
      Ithaca JournalCornell grad Tretter working on return to Packer lineupIthaca JournalIn June of 1925, Wally Pipp was the first baseman of the New York Yankees, but a batting-practice beaning led the Bronx Bombers to turn to a young reserve named Lou Gehrig to fill in for the injured starter. The rest, of course, is Major League ...
    • In the region: Roanoke College stays unbeaten in ODAC - Roanoke Times October 22, 2014
      In the region: Roanoke College stays unbeaten in ODACRoanoke TimesLYNCHBURG — Roanoke, ranked No. 24 this week in the Division III men's soccer poll, scored in the first half and held on for a 1-0 win over Lynchburg on Tuesday night in an ODAC battle for first place. The Maroons (11-2-1, 8-0-1) remained unbeaten in ...and more »
    • No vote on Illinois fracking rules until November - DeKalb Daily Chronicle October 15, 2014
      No vote on Illinois fracking rules until NovemberDeKalb Daily ChronicleLou Lang said he is opposed to fracking but voted for the law because he believed it was better to regulate it than to allow it to happen without oversight. In a sign of the building pressure, Lang lashed out at opponents of fracking who have accused ...and more »
    • Unregulated Video Gambling in Illinois - Alton Daily News October 18, 2014
      Alton Daily NewsUnregulated Video Gambling in IllinoisAlton Daily NewsLou Lang (D-Skokie), says it wasn't his intention to allow video gambling in Illinois “without the Gaming Board's oversight,” but says neither the Gaming Board nor the Crime Commission has reached out to express their concerns about the consequences of ...and more »
    • Requiem for Superheroes - Bleeding Yankee Blue (blog) October 23, 2014
      Bleeding Yankee Blue (blog)Requiem for SuperheroesBleeding Yankee Blue (blog)It's like baseball, again: Babe Ruth, the Superman of baseball, has had at least 4 movies made about him, and none of them are any good; Lou Gehrig, who should never be called his "sidekick," has had 2 movies made about him, and both are very good.)and more »
    • Strong Presence of Democratic Leadership at IADO fundraiser - Chicago Tribune October 9, 2014
      Strong Presence of Democratic Leadership at IADO fundraiserChicago TribuneSheila Simon, US Senator Dick Durbin, Representatives Jan Schakowsky, Bill Foster, Danny Davis, and Dan Lipinski; State Senator Daniel Biss, State Representatives Lou Lang, Michelle Mussman, Robyn Gabel, Elaine Nekritz, Al Riley, and Laura Fine; ...
    • 60-year-old Korean War drama appears in original 3-D for first time on Blu-ray - New York Post October 16, 2014
      60-year-old Korean War drama appears in original 3-D for first time on Blu-rayNew York PostThe Fox Cinema Archives, another MOD program, has just released Walter Lang's “The Magnificent Dope'' (1942), a comedy starring Henry Fonda and Don Ameche, as well as the uber-obscure comedy thriller “One Wild Night'' (1938) starring June Lang, […]
    • buy levitra and cialis - Athlete Newswire October 25, 2014
      Athlete Newswirebuy levitra and cialisAthlete NewswireLang (1) Kaitlin Buy levitra and cialis (1) Kal Penn (1) Kaley Cuoco (12) Buy levitra and cialis West (227) Kara DioGuardi (1) Karen Elson (3) Karina Smirnoff (1) Karl Lagerfeld (4) Karlie Kloss (1) Buy levitra and cialis Dennings (2) Kat Von D (26 ...and more »
    • American Composers Orchestra to Open Carnegie Hall Season, 11/21 - Broadway World October 21, 2014
      American Composers Orchestra to Open Carnegie Hall Season, 11/21Broadway WorldUnder the leadership of Music Director George Manahan, American Composers Orchestra (ACO) returns to Carnegie Hall for the 11th season of its Orchestra Underground series, which explores the orchestra as an elastic ensemble that can respond to ...
  • 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: