• RSS News – Lou Lang

    • What does Michael Madigan do next? - Crain's Chicago Business November 25, 2014
      What does Michael Madigan do next?Crain's Chicago BusinessLou Lang, D-Skokie, a member of the speaker's leadership team. “He will be prepared and have his caucus prepared for any eventualities. What that means for the future, who knows?” Rauner, if he governs from the center as he says he will, could reach a ...and more »
    • The Blind Boys of Alabama play the Weinberg Center - Frederick News Post (subscription) November 26, 2014
      Frederick News Post (subscription)The Blind Boys of Alabama play the Weinberg CenterFrederick News Post (subscription)Additionally, they have recorded with Bonnie Raitt, Tom Waits, k.d. lang, Lou Reed, Peter Gabriel, Willie Nelson, Susan Tedeschi, Solomon Burke, Aaron Neville and Patty Griffin, among others. They have been guests on all the late night talk s […]
    • Girls Cross-Country results: Red Bank Catholic and Devon Grisbaum of Ocean ... - NJ.com November 22, 2014
      NJ.comGirls Cross-Country results: Red Bank Catholic and Devon Grisbaum of Ocean ...NJ.com... Regina SR North Warren 6:20 19:39 20 43 #409 Miahle, Lou JR Princeton 6:20 19:39 21 44 #332 Gauthier, Abby SR Lacey 6:20 19:40 45 #454 Kroepfl, Lauren SO Robbinsville 6:21 19:42 46 #336 Hayes, Stephanie SR Montclair 6:21 19:44 47 #538 Oey ...
    • Pot biz lights up - Illinois Times November 20, 2014
      Pot biz lights upIllinois TimesThis article is the product of the first collaboration between Illinois Times and the Better Government Association. The BGA is an independent, nonpartisan and nonprofit government watchdog that specializes in investigative reporting with media ...and more »
    • Schneider may be back in '16 - The Capitol Fax Blog (blog) November 18, 2014
      Schneider may be back in '16The Capitol Fax Blog (blog)Proud of you. We'll miss you in the Senate though. by Daniel Biss via twitter 8:03 PM. Update: Giving new lawmakers a briefing on legislature's "Rules of the Road" to ensure a productive first term. #twill. by State Rep. Lou Lang via twitter 6:30 PM ...and more »
    • Allen guest speaker at Cultural Book Club - Monroe News Star November 20, 2014
      Monroe News StarAllen guest speaker at Cultural Book ClubMonroe News StarThe Cultural Book Club met Nov. 3 at the home of Pat Valentine. Sally Arledge introduced guest speaker Teddy Allen of the Louisiana Tech Marketing Department where he is writer and editor. Allen is a columnist for The News-Star and Shreveport Times.
    • Bedford County couple to serve prison time for selling meth - Lynchburg News and Advance November 21, 2014
      Lynchburg News and AdvanceBedford County couple to serve prison time for selling methLynchburg News and AdvanceIf you didn't read Chris Lang's Week 13 FCS picks and missed out on the chorus from Boyz II Men's “End of the Road,” then shame on you. .... David L. Doss and wife, Beth, of Richmond and Edward W. Doss of Roanoke; a sister, Nancy Mari […]
    • Medical pot dilemma: Where to get the first seeds? - WANE October 27, 2014
      WANEMedical pot dilemma: Where to get the first seeds?WANELou Lang, who sponsored Illinois' medical marijuana law, concedes lawmakers knew there was an issue. “We did not address it in the bill on purpose,” he said. “We can't sanction in a law doing an illegal act.” David Ittel has sold indoor gardening ...and more »
    • Rauner Objects to Medical Marijuana Licensing Procedure; City Decides Not to ... - Effingham's News Leader November 13, 2014
      Rauner Objects to Medical Marijuana Licensing Procedure; City Decides Not to ...Effingham's News LeaderLou Lang of Skokie, said keeping the identities secret is part of the effort to keep favoritism and "who you know" out of the selection process. Rauner said he thinks the process is "so corrupt, it would make Rod Blagojevich blush." […]
    • Hundreds attend Ida Crown Jewish Academy groundbreaking ceremony - Jewish United Fund November 7, 2014
      Jewish United FundHundreds attend Ida Crown Jewish Academy groundbreaking ceremonyJewish United FundGathering for the historic occasion on Sunday's sunny, crisp day were dignitaries, including: Skokie's Mayor George Van Dusen-who offered welcoming words to the ICJA community, State Representative Lou Lang and Michael Lorge, Corporate Council for .. […]
  • 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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