That veto was in fact issued, and is important because if the Illinois General Assembly does not affirmatively agree to the changes or override the veto then the bill is dead and a new compromise must be struck. The Governor’s amended version does not stand without an affirmative vote from the General Assembly.
The Senate voted to override the veto on Sunday, August 13, before they sent the bill to the House. Local Senators Connelly and Curran voted no on the veto override, while Senator Holmes and voted to override the amendatory veto.
The veto override would need 70 votes to pass the House, but the underlying bill only received 60 yes votes when it was passed. That’s a big deficit to overcome but the pressure isn’t easing. In District 203 classes began on August 17, while District 204 begins on August 24.
Local Government Consolidation
In more positive news, the Governor signed SB3 into law on Monday, August 14. The bill would allow for greater local government consolidation across the state. It is patterned after a 2013 law and the DuPage County model with the goal of reducing taxing bodies and tax burdens for Illinois tax payers, including Illinois businesses.
This is important because Illinois has the highest number of taxing bodies in the country as well as one of the highest tax burden in the country. And these exorbitant taxes are citizens, tax payers, and businesses away. Nearly half of all Illinois residents said they wanted to leave the state, even before most recent tax hikes.
Government consolidation across Illinois is a good step toward greater fiscal responsibility but it is not a silver bullet, and much work is needed to effectuate the goals of the legislation in the myriad of taxing bodies.
Home Rule Sales Tax
Finally, at the Naperville City Council Meeting on August 15 the City received the 2nd Quarter Financial Report from Finance Director Rachel Mayer. You can watch or download the full City Council meeting here. The 2nd Quarter Financial Report begins at the 2:26:50 minute mark approximately.
Mayer reported that there was a $2.5 million increase in the Home Rule Sales Tax, or HRST. Remember however that the HRST was initialized in April of last year. Still, the HRST is performing “better than we had projected” for the first six months of the year according to Mayer and generated $4.4 million through June.
The HRST will be discussed during the next Financial Advisory Board meeting on August 28 in advance of an October 1 deadline when the City is required to inform the State whether or not it will adjust or remove the HRST. When it was first proposed, the NACC opposed the imposition of a new Home Rules Sales Tax.