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Thursday, November 21, 2024

Michael McGrady News

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Measure would force life insurance companies to pore through past for beneficiaries

By Michael McGrady | Jul 11, 2017

Life insurers would be required to attempt to locate the beneficiaries of unclaimed policies from as far back as 1996 under a bill that passed the General Assembly at the conclusion of the spring legislative session and now awaits Gov. Bruce Rauner's approval.

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Sales tax hike takes effect in Macon County

By Michael McGrady | Jul 10, 2017

A sales tax increase took effect on July 1 in Macon County, three months after it won in decisive style after losing only five months before.

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Senate bill has designs on taxing 'body art' industry to cover state spending

By Michael McGrady | Jun 8, 2017

Illinois' tattoo and body piercing industries would feel the sting of an expanded state sales tax under a controversial Senate budget proposal that remains under consideration in the current special legislative session.

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Freshmen legislators vent frustration at failure of budget deal

By Michael McGrady | Jun 1, 2017

Many freshmen lawmakers say the crash and burn they saw on Wednesday night came about because the Democrats don't know how to drive.

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House holds off on bill to tax security industry

By Michael McGrady | Jun 1, 2017

A spending package that would increase taxes on the alarm, private investigation and security industries must wait a little longer after the House voted to delay action on the measure on Wednesday.

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More pressure on Mautino to resign after being slapped with $5,000 fine

By Michael McGrady | May 16, 2017

Auditor General Frank Mautino was hit with a $5,000 penalty on Monday for violating a State Board of Elections (SBE) order that he disclose past financial dealings.

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As students cram for finals, UIS faculty go on strike over tenure

By Michael McGrady | May 2, 2017

Faculty members at the University of Illinois-Springfield (UIS) went on strike today after contract negotiations broke down.

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The fight is on as the ‘privilege tax’ bill gains traction

By Michael McGrady | Apr 21, 2017

As lawmakers prepare to return from the spring recess, the proposed “privilege tax" bills are gaining wide-ranging support and putting investment industries in the state on the defensive.

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House bill authorizing breastfeeding at public schools makes it to floor debate

By Michael McGrady | Apr 21, 2017

After short debate and wide support in committee, a bill mandating that school districts provide reasonable accommodations for a lactating student to breastfeed a child was schedule for a final vote on the House floor before going to the Senate

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Proposed bill would allow counties to streamline stormwater management

By Michael McGrady | Apr 17, 2017

Legislation proposed by Republicans in both houses of the General Assembly seeks to create stormwater commissions in every Illinois county.

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Illinois households saddled with $56,000 tax burden to pay government employees' retirement debt

By Michael McGrady | Apr 2, 2017

Taxpayers across Illinois are saddled with a major tax burden, a recent report from the Illinois Policy Institute concluded.

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Illinois households saddled with $56,000 tax burden to pay government employees' retirement debt

By Michael McGrady | Mar 24, 2017

Taxpayers all across the state of Illinois are now saddled with a major tax burden, a recent report from the Illinois Policy Institute concluded.