The Illinois Senate early Saturday morning voted 34 to 19 to pass HB900, the more than $46 billion FY23 budget as amended.  The House voted 72 to 42 to concur with Senate on the budget around 6am this morning. 

Meanwhile, the House voted 110 to 0 to pass revenue omnibus bill SB157, which includes a variety of the inflation and tax relief proposals. That bill was then approved by the Senate with a vote of 55 to 1. 

On the floor, Senate Chief Budgeteer Elgie Sims (D-Chicago) celebrated how far the state has come since its budget impasse in 2017 and through the heights of the COVID-19 pandemic.

Republicans on the floor criticized the legislation for a variety of reasons, including the temporary nature of proposed tax relief plans, a lack of support for the Local Government Distributive Fund, and the progressive expansion of government spending. 

On the floor, Sen. Chapin Rose (R-Champaign) called the budget “a missed opportunity” to make the state less expensive to live in and support families. 

The bills now head to Gov. J.B. Prtizker for final approval. 

IFCA will have a full breakdown of the FY23 budget and other legislation that was important to ag input industry later this week for our members