A state income tax credit that supports the development of affordable housing units will expire at the end of December if it is not renewed by the General Assembly.
Earlier this week, State Senator Toi Hutchinson (D – Chicago Heights) led a hearing of the Senate Revenue Committee in discussing the importance of the credit and a proposal by State Senator James Clayborne (D – Belleville) that would extend the tax credit for five years.
“Affordable housing projects are not developed by just one entity,” Hutchinson said. “It takes a combination of businesses, non-profits and government agencies to all come together to make important projects like these a reality.”
SCHAUMBURG – When 91-year old Leroy Wolff received a letter in May stating nearly $40,000 in stock he owned had been transferred to Illinois’ unclaimed property division, he didn’t know where to turn.
“The letter stated the account had been determined to be inactive due to correspondence from the company being returned,” Wolff said. “It didn’t make any sense. I was reading a letter from the company saying correspondence had been returned. I was dumbfounded.”
As civic groups throughout Illinois prepare for National Voter Registration Day activities on Tuesday, Senator Andy Manar is reminding people that automatic registration is the best way to ensure all eligible voters are able to have a say in their government.
The Illinois Legislature in May approved automatic voter registration legislation with strong bipartisan support. However, Republican Gov. Bruce Rauner vetoed the proposal in August even though he previously had expressed support for the concept.
State Sen. Jennifer Bertino-Tarrant (D-Shorewood) participated in a groundbreaking ceremony for a project that will bring businesses and jobs to Shorewood.
The plan, which Bertino-Tarrant pushed for, will allow for land at the northwest corner of the intersection of Routes 59 and 52 in Shorewood to be redeveloped.
“More businesses and jobs will be coming to Shorewood,” Bertino-Tarrant said. “This initiative is good for the community, and I look forward to continuing to support projects that will enhance economic development throughout my district.”