• RSS News – Lou Lang

    • Illinois House approves new college grant program - Peoria Journal Star May 30, 2017
      New York MagazineIllinois House approves new college grant programPeoria Journal StarLou Lang, D-Skokie, said the bill is intended to encourage students to attend college in Illinois. During the state's budget stalemate, enrollment at many state universities has dropped as students opt to attend college elsewhere. Once they leave the ...Illinois House p […]
    • Lots of action, but no state budget debate - Herald & Review May 30, 2017
      Kansas City StarLots of action, but no state budget debateHerald & ReviewDemocrats continued their yearslong criticism of legislative Republicans and the governor. Deputy Majority Leader Lou Lang, a Skokie Democrat, suggested the General Assembly could approve a balanced budget if Rauner would "finally decide to enter the ...Illinois House full of a […]
    • House Democrats propose college grant program - The State Journal-Register May 23, 2017
      eNews Park ForestHouse Democrats propose college grant programThe State Journal-RegisterIllinois House Democrats have proposed a plan to subsidize higher-education costs for college students who choose to stay in Illinois. Democratic Reps. Lou Lang of Skokie and Will Guzzardi and Christian Mitchell of Chicago announced their plan Tuesday.It's just a bil […]
    • Champaign-Urbana Community Gather To Remember Local Fallen Heroes - FOX Illinois May 30, 2017
      FOX IllinoisChampaign-Urbana Community Gather To Remember Local Fallen HeroesFOX IllinoisRobert Pritchard, R-Hinckley, said. “It costs us millions of dollars a year to our state economy and it costs our universities millions of dollars a year that we allow these students to flee the state and of course many never return,” Rep. Lou Lang, D ...and more »
    • Political theater on House floor; Dems meet to discuss budget ... - Chicago Sun-Times May 26, 2017
      Chicago Sun-TimesPolitical theater on House floor; Dems meet to discuss budget ...Chicago Sun-TimesSPRINGFIELD — There was more political theater on the Illinois House floor on Thursday — and some behind-the-scenes action — as House Democrats met ...Lawmakers Adjourn as Budget Agreement Remains ElusiveChicago Tonight | WTTWall 128 news articles »
    • Boxed in by father, Lisa Madigan seeks fifth term as Illinois attorney ... - Chicago Tribune May 15, 2017
      Chicago TribuneBoxed in by father, Lisa Madigan seeks fifth term as Illinois attorney ...Chicago TribuneLisa Madigan will seek a fifth term as attorney general next year. She's boxed in by her father, House Speaker Michael Madigan.and more »
    • Constable: Mom worried about deportation backs out of helping nephew - Chicago Daily Herald May 28, 2017
      Chicago Daily HeraldConstable: Mom worried about deportation backs out of helping nephewChicago Daily HeraldEmanuel Chris Welch of Westchester, Sam Yingling of Round Lake Beach, Linda Chapa LaVia of Aurora, Stephanie A. Kifowit of Aurora, Anna Moeller of Elgin, Lou Lang of Skokie, all Democrats. "It's been good to see that our state leaders recogni […]
    • The Latest: Cullerton says OK'd budget had GOP input - Chicago Daily Herald May 23, 2017
      Kansas City StarThe Latest: Cullerton says OK'd budget had GOP inputChicago Daily HeraldLou Lang of Skokie and Will Guzzardi and Christian Mitchell of Chicago announced their plan Tuesday. It would provide full-time Illinois students attending a public university or community college with a yearly grant capped at $4,000. Students who ...Madigan back in […]
    • The Latest: House Democrats propose college grant program - Herald & Review May 23, 2017
      The Latest: House Democrats propose college grant programHerald & ReviewLou Lang of Skokie and Will Guzzardi and Christian Mitchell of Chicago announced their plan Tuesday. It would provide full-time Illinois students attending a public university or community college with a yearly grant capped at $4,000. Students who ...
    • Budget blame game continues in Springfield - Rockford Register Star May 16, 2017
      Rockford Register StarBudget blame game continues in SpringfieldRockford Register StarLou Lang, D-Skokie. “So far, he has turned a deaf ear to those requests.” At a separate appearance Tuesday in Springfield, Rauner said he doubted the sincerity of the Democrats. He again accused Madigan of trying to scuttle negotiations going on in the ...House Dems say the […]
  • 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.