• RSS News – Lou Lang

    • 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 ...
    • Legality of Sweepstakes Machines Questioned in Report - CBS Local October 17, 2014
      CBS LocalLegality of Sweepstakes Machines Questioned in ReportCBS LocalLou 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 »
    • 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 ...
    • 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, […]
    • 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; ...
    • Which Cavs are most likely to crash through the Spanish Announcer's Table? - Waiting For Next Year October 17, 2014
      Waiting For Next YearWhich Cavs are most likely to crash through the Spanish Announcer's Table?Waiting For Next YearLou Amundson – I need to review the tape, but I think Lou has spent more time flying through the air than standing this preseason. Lou is ... Matthew Dellavedova – Delly plays basketball how Clubber Lang trains, Dom Toretto drives, and Dut […]
    • Ticket Tracker - Florida Times-Union October 17, 2014
      Florida Times-UnionTicket TrackerFlorida Times-UnionStephen Lang's “Beyond Glory,” 8 p.m. Friday, Nov. 14, at the Florida Theatre. ... Pandora's Unforgettable Holiday Moments on Ice, with Paul Rodgers and Lou Gramm, and skaters Meryl Davis, Charlie White, Brian Boitano, Evan Lysacek and others. 7:30 p.m ...and more »
    • Joe Lovano remains 'Gaga' for jazz - U-T San Diego October 11, 2014
      U-T San DiegoJoe Lovano remains 'Gaga' for jazzU-T San DiegoIn addition to making nearly 40 albums as a band leader since 1985, internationally acclaimed jazz saxophone great Joe Lovano has collaborated with such varied music luminaries as Herbie Hancock, Woody Herman, Dave Brubeck, k.d. lang and Lou Rawls ...and more »
    • Editorial: Marijuana selection process lacks needed transparency - Bloomington Pantagraph September 23, 2014
      Editorial: Marijuana selection process lacks needed transparencyBloomington PantagraphWe won't make a lame, smoke-filled room reference, but these decisions will occur behind closed doors. Rep. Lou Lang, D-Skokie, said the secrecy will keep the process pure and prevent any of the pay-to-play shenanigans that haunts a lot of Illinois ...Secret process ma […]
  • RSS Blogs – Lou Lang

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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.

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