• RSS News – Lou Lang

    • On Mike Madigan's watch... - Chicago Tribune August 3, 2017
      Chicago TribuneOn Mike Madigan's watch...Chicago TribuneIllinois House Deputy Majority Leader Lou Lang (D-Skokie). (Posted by David Ormsby, Community Contributor). Eric Zorn. For my Friday, Aug. 4, 2017 column, I reached out to the leading Democratic gubernatorial candidates to ask for their responses to ...and more »
    • What Happened to Illinois's Medical Cannabis Advisory Board? - Chicagomag.com August 10, 2017
      Chicagomag.comWhat Happened to Illinois's Medical Cannabis Advisory Board?Chicagomag.comLast spring, three advocates for the state's medical marijuana program received a call from Democratic State Representative Lou Lang, the architect of Illinois's medical cannabis pilot program. Lang told the group, which included Leslie Mendoza Temple ...an […]
    • Special Session Day 3: Education funding bill sets up another tax increase, lawmaker warns - Illinois News Network July 29, 2017
      Illinois News NetworkSpecial Session Day 3: Education funding bill sets up another tax increase, lawmaker warnsIllinois News NetworkLou Lang, D-Chicago, said after the House adjourned for the weekend. "Some schools in the state will open for a few months without state money, some may open all year. Some won't open at all." Lang blamed Rauner f […]
    • Postcard to Boston: Wish you were here, legislators - Chicago Tribune August 7, 2017
      Chicago TribunePostcard to Boston: Wish you were here, legislatorsChicago TribuneEmanuel Chris Welch, D-Hillside, in a Twitter post with a photo of him and Rep. Lou Lang, D-Skokie, inside the Boston Red Sox's famed stadium Sunday. Yet the public schools in Welch's and Lang's districts likely won't receive timely payments from the ...and m […]
    • Illinois Democrats rally at Chairman's Brunch at State Fair - WLS-TV August 17, 2017
      WLS-TVIllinois Democrats rally at Chairman's Brunch at State FairWLS-TV"This group of 1800 would tell you that we've had no organizers ever that have been as good to the Democratic Party as Bruce Rauner and Donald Trump," said Illinois Rep. Lou Lang (D) of Skokie. Part of that effort clearly will involve trying to ...and more »
    • Morning Spin: Rauner repeats erroneous tax assessment charge against Speaker Madigan - Chicago Tribune August 15, 2017
      Chicago TribuneMorning Spin: Rauner repeats erroneous tax assessment charge against Speaker MadiganChicago TribuneRep. Lou Lang, a Democrat from Skokie who serves as a top deputy on Madigan's leadership team, called the allegation “a huge stretch.” “The levy is the levy. This does not take away a single dollar from the school district,” Lang said. “It […]
    • New Do Your Job, Inc. digital ad: “Serious people are questioning whether Governor Rauner has lost it” - The Capitol Fax Blog (blog) August 1, 2017
      New Do Your Job, Inc. digital ad: “Serious people are questioning whether Governor Rauner has lost it”The Capitol Fax Blog (blog)As Senate Bill 1 heads to Governor Rauner's desk, Do Your Job, Inc. is asking him to get a grip, do his job and sign the bill. After decades of talks around reforming the state's education formula, Senate Bill 1 is the on […]
    • David Ormsby - Suburban Chicagoland August 18, 2017
      Suburban ChicagolandDavid OrmsbySuburban Chicagoland... Home Association, Illinois Alcoholism and Drug Dependence Association, TASC, Inc., United HealthCare Illinois, Goldberg, Weisman & Cairo, LLC, DelGaldo Law Group, City of Chicago Heights, City of Berwyn, House Deputy Majority Lou Lang, State Rep.
    • Education Funding Reform Bill Sent To Governor Rauner - eNews Park Forest August 1, 2017
      eNews Park ForestEducation Funding Reform Bill Sent To Governor RaunereNews Park ForestSchool District 163 average property tax bill, education funding reform A breakdown of the average property tax bill for Park Forest residents of School District 163 shows that 55% of taxes collected go to school districts. (Park Forest 2017-2018 Budget).and more »
    • Representative Lou Lang on the Illinois budget impasse: “It's part of an orchestrated decision by the Rauner ... - WGN Radio June 15, 2017
      WGN RadioRepresentative Lou Lang on the Illinois budget impasse: “It's part of an orchestrated decision by the Rauner ...WGN RadioSome are embarrassed that the state of Illinois is being pulled from the lottery. And the Illinois Department of Transportation has announced that all construction in Illinois may stop if there is still no budget by the end o […]
  • 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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