• RSS News – Lou Lang

    • Medical marijuana rules get Illinois committee OK - MyFox Chicago July 16, 2014
      SFGateMedical marijuana rules get Illinois committee OKMyFox ChicagoYou have to have a bonafide relationship with a doctor,” Lang added. Medical cannabis program coordinator Bob Morgan says interested patients should start talking with their doctors about the program. The Illinois State Medical Society is helping its ...Illinois approves rules for medical ma […]
    • Genesee Valley Partnership honors graduates - The Daily News Online July 22, 2014
      Genesee Valley Partnership honors graduatesThe Daily News OnlineThrough the generosity of Ellen McEwen and Lou Lang, the Batavia Rod & Gun Club, and contributions from many sportsmen's clubs and organizations in Western New York, two Paul Levins Memorial Awards have been established. This year's Paul Levins ...
    • *** UPDATED x1 *** Israeli card played in treasurer's race - The Capitol Fax Blog (blog) July 22, 2014
      *** UPDATED x1 *** Israeli card played in treasurer's raceThe Capitol Fax Blog (blog)Lou Lang and Sara Feigenholz on behalf of Treasurer Candidate Mike Frerichs, in response to a release yesterday from the Cross campaign that erroneously suggested Mike wants to end state investments in Israel. Here is the full audio clip from the radio ...
    • Quinn OKs cannabis use for kids with epilepsy - fox2now.com July 20, 2014
      ReutersQuinn OKs cannabis use for kids with epilepsyfox2now.comLou Lang of Skokie. The law adds seizures to the list of treatable conditions in Illinois' medical cannabis program. It allows children with seizures from epilepsy to consume oil from the marijuana plant with a parent's consent. Currently, only ...Quinn to OK cannabis use for kids with […]
    • Noah Baumbach, Denzel Washington, Tina Fey Films Among Toronto ... - Vulture July 22, 2014
      Noah Baumbach, Denzel Washington, Tina Fey Films Among Toronto ...VultureEvery year, the Toronto International Film Festival (TIFF) foreshadows many of the big awards-season contenders. This year looks to be no exception, just looking at the first 59 films announced this morning. The lineup includes buzzed-about films such ...
    • Toronto Film Fest Will Close World Premiere of 'A … - Deadline.com July 22, 2014
      Toronto StarToronto Film Fest Will Close World Premiere of 'A …Deadline.comJoining a group of freelance camera crews who film marketable mayhem, Lou makes his own place at the table, aided by Nina, a veteran of the blood-sport that is local TV news. Blurring the line between observer and perpetrator, Lou finds his calling in ...TIFF 2014 Lineup Includes […]
    • 'Fargo' Season 2 Story & Character Details Revealed - Screen Rant July 22, 2014
      Screen Rant'Fargo' Season 2 Story & Character Details RevealedScreen RantSet in 1979, Season 2 of Fargo will center around Molly's father Lou Solverson, who in Season 1 was the owner of Bemidji's seemingly only restaurant. In Season 2, Lou is thirty-three and freshly returned from the Vietnam war. Aside from this, executive ...and mor […]
    • Swedish Covenant Wants To Be First Illinois Hospital to Dispense Pot - NBC Chicago July 21, 2014
      NBC ChicagoSwedish Covenant Wants To Be First Illinois Hospital to Dispense PotNBC ChicagoLou Lang, D-Skokie, a sponsor of the medical marijuana legislation, said he's not opposed to the idea but doubts any changes would come this legislative session. “It's clear the federal government is trying to stay out of the way of legal medical ...and more » […]
    • Quinn OKs marijuana use for epilepsy - Canton Daily Ledger July 21, 2014
      Quinn OKs marijuana use for epilepsyCanton Daily LedgerLou Lang, a Skokie Democrat, and passed the Legislature in the spring. The original medical marijuana law had allowed only Illinois residents 18 years and older to use the drug in a four-year pilot program. “This new law will help alleviate the ...
    • In Brief - July 22, 2014 - FMQB July 22, 2014
      In Brief - July 22, 2014FMQBRoss will team with current co-hosts Deena Lang and Bill Adams. United Stations Radio Networks, Inc. (USRN) announces that the company has completed and launched a new mobile app supporting its nationally syndicated rock programs hardDrive and ...and more »
  • RSS Blogs – Lou Lang

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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