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  • COVID-19

Labor Chair Holmes sees new $9 million investment, outlook upgrades as signs the state budget is on the right track

Details
Category: Senator Linda Holmes News
Wednesday, July 07, 2021 09:34 AM
  • Holmes
  • Small Business
  • SBA
  • Fitch Ratings
  • Moody's Bond Rating

holmes 070721AURORA — Assistant Majority Leader Linda Holmes (D-Aurora) is pleased to see the state has invested $9 million to boost revitalization among small businesses through the community navigator outreach program. She believes this investment, along with recent news that the state’s fiscal outlook ratings are improving, bode well for the state’s economic recovery.

“The community navigator program helps small businesses navigate billions in available financial assistance from the state and the Small Business Administration through the American Rescue Plan Act,” Holmes said. “The 42nd District can benefit from economic recovery grants, put employees back to work and continue rebuilding our economy post pandemic.”

Community navigators perform outreach to small, minority and hard-to-reach businesses to make them aware of available relief funds and help them recover from losses suffered during the pandemic.

Holmes said fiscal ratings bumps from Fitch and Moody’s complement this small business investment, and further demonstrate Illinois’ responsible budget decisions to pay back federal borrowing, pay down a backlog of bills, and cut general fund spending by approximately $1 billion since fiscal year 2020.

In the most recent budget, the state increased education funding by $350 million, made its full pension payment, and fully funded local governments.

“If we keep passing responsible, balanced budgets, we’ll earn ratings upgrades and save the taxpayers money,” Holmes said. “The better our rating, the less we have to pay in interest costs when the state borrows money.”

Holmes chairs the Illinois Senate Labor Committee.

Holmes’ unemployment security reforms pass the Illinois Senate, addressing flaws after claims skyrocketed during pandemic

Details
Category: Senator Linda Holmes News
Friday, June 25, 2021 04:45 PM
  • Holmes
  • HB2643
  • SB2466
  • HB3520

Sen. Linda Holmes

SPRINGFIELD – After an unprecedented 14 months for the Illinois Department of Employment Security with thousands of residents out of work due to the COVID-19 pandemic, bipartisan support for major reforms produced House Bill 2643. Sponsored by Assistant Senate Majority Leader Linda Holmes (Aurora), the lead Senate Democrat on the Unemployment Insurance Agreed Bill process, the overhaul package was signed into law by the governor Friday.

“Business and labor groups, IDES, and Democratic and Republican members worked in a bipartisan fashion to craft this omnibus approach,” Holmes said. “It targets the weaknesses revealed in a system that wasn’t designed to address the wave of job losses, thousands of people calling with problems who couldn’t get answers, and fraudulent claims all hitting the state at once.”

House Bill 2643 revises the Unemployment Insurance Act, allowing IDES to communicate with legislators’ offices about specific constituent cases, and requires IDES to give more information to those issued overpayments and their right to appeal (originally in Senate Bill 2466 from Sen. Ram Villivalam).

Read more: Holmes’ unemployment security reforms pass the Illinois Senate, addressing flaws after claims...

Senator Holmes to governor: sign legislation prohibiting poaching and trafficking of at-risk animal species

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Category: Senator Linda Holmes News
Thursday, June 24, 2021 04:01 PM
  • Holmes
  • Sale of exotic animal parts and products
  • HB395

gorilla

SPRINGFIELD – House Bill 395 is awaiting action on the governor’s desk, and Assistant Senate Majority Leader Linda Holmes (D-Aurora) is urging him to sign the legislation to protect animal species facing the threat of extinction. The measure would prohibit the trafficking of exotic animal parts in Illinois.

“While Illinois leads the nation in so many areas of animal welfare, we are behind the federal government when it comes to illegal smuggling and trafficking of animals’ body parts,” Holmes said. “Federal policy has been strengthened, and Illinois needs to take action. This legislation has passed through the General Assembly, and simply awaits the governor’s signature.”

Read more: Senator Holmes to governor: sign legislation prohibiting poaching and trafficking of at-risk...

Holmes sees outlook upgrade as sign state budget is on the right track

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Category: Senator Linda Holmes News
Thursday, June 24, 2021 03:56 PM
  • Holmes
  • Fitch Ratings
  • Fiscal Stability

Sen. Linda Holmes

AURORA — Assistant Majority Leader Linda Holmes (D-Aurora) was pleased to see that Fitch Ratings – one of the three major credit rating agencies for state governments and other large borrowers – has upgraded Illinois’ outlook from negative to positive.

“Fitch’s decision to change its outlook on Illinois is a sign that we have been making responsible budget decisions,” Holmes said. “Despite the pandemic, we’ve made positive progress on reducing unnecessary spending and cutting down our bill backlog, and the ratings agencies have taken notice.”

In its decision, Fitch cited that the state chose to fully pay back federal borrowing for expenses caused by the COVID-19 pandemic, that late payment penalties on the state’s backlog of unpaid bills have dropped by nearly 80% since 2017, and that the state has actually cut general fund spending by approximately $1 billion since fiscal year 2020.

Read more: Holmes sees outlook upgrade as sign state budget is on the right track

Holmes’ unemployment security reforms pass General Assembly with House vote, await signature by Pritzker

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Category: Senator Linda Holmes News
Thursday, June 17, 2021 11:38 AM
  • Holmes
  • IDES
  • Unemployment
  • HB2643
  • Omnibus Reform

holmes UI 061621SPRINGFIELD – Following unprecedented job losses and economic hardship due to the pandemic, Assistant Senate Majority Leader Linda Holmes (D-Aurora) sponsored a bipartisan reform package to address challenges faced by the Illinois Department of Employment Security during the unemployment surge, which has now passed the House of Representatives and is one step closer to becoming law.

“IDES, Democratic and Republican lawmakers, and business and labor groups worked together to craft this omnibus approach,” Holmes said. “It targets the weaknesses revealed in a system that wasn’t designed to address the wave of job losses, phone calls and fraudulent claims all hitting the department at once.”

Read more: Holmes’ unemployment security reforms pass General Assembly with House vote, await signature by...

Holmes sees resources for recovery and growth in 2022 budget

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Category: Senator Linda Holmes News
Wednesday, June 02, 2021 11:22 AM
  • Holmes
  • FY2022 Budget

holmes 060121 2SPRINGFIELD — Assistant Majority Leader Linda Holmes (D-Aurora) applauded investments in pensions, local governments and the Illinois workforce in the upcoming fiscal year budget, which passed the Senate Monday.

“This is a balanced budget. I believe the most important part of what we passed tonight is that we will make our full pension payment as planned,” Holmes said. “This is such a cornerstone of our ongoing efforts to address our underfunded pension system.”

Holmes noted this budget funds the Local Government Distributive Fund, which allocates resources to local governments, at 100% with $1.6 billion. With many communities still recovering from the pandemic, this investment could help governments fund everyday core services for their residents without increasing property taxes or other fees.

“One state agency in particularly urgent need of recovery resources is our Department of Employment Security,” said Holmes. “The pandemic revealed flaws in an unemployment security system that wasn’t designed to address the job losses, service problems and fraudulent claims that hit the state all at once last year.”

An increase of $163.9 million in state funds and $10 million in federal funds will go toward upgrading IDES technology to better serve out-of-work Illinoisans for FY2022. IDES will also get an extra round of funding for the current year of $525.8 million

Holmes: It’s time to take puppy mill animals out of pet stores

Details
Category: Senator Linda Holmes News
Monday, May 31, 2021 10:26 PM
  • Pet Stores
  • Puppy Mills
  • HB1711

holmes pet store 052821SPRINGFIELD – A measure to compel pet stores to get their animals from animal shelters or animal control facilities passed the Senate Monday, co-sponsored by Senator Linda Holmes (D-Aurora), in an effort to discourage the sale of pets from unscrupulous breeders and puppy mills and instead provide loving homes to animals who need them most.

“I’m proud to join in House Bill 1711 to push legislation on a pet store business model that has been growing across the U.S.,” Holmes said. “Puppy mills are a major source of animals for many pet stores, but their breeding practices result in sick and sometimes terminally ill animals, which can result in heartache for families.”

Read more: Holmes: It’s time to take puppy mill animals out of pet stores

Holmes’ unemployment security reforms pass Illinois Senate, addressing flaws after claims skyrocketed during pandemic

Details
Category: Senator Linda Holmes News
Monday, May 31, 2021 11:52 AM
  • Holmes
  • Unemployment Insurance
  • HB2643

holmes UI 053121SPRINGFIELD – After an unprecedented 14 months for the Illinois Department of Employment Security with thousands of residents out of work due to the COVID-19 pandemic, the Senate passed a bipartisan reform package Sunday led by Senator Linda Holmes (D-Aurora) to overhaul the way the department addresses unemployment benefits claims.

“This represents an agreement by business and labor groups along with IDES, to fix the state’s unemployment system,” said Holmes. “It aims to correct the flaws revealed in a system that wasn’t designed to address the job losses, customer service problems, and fraudulent claims that hit the state all at once during the pandemic.”

 

Read more: Holmes’ unemployment security reforms pass Illinois Senate, addressing flaws after claims...

More Articles …

  1. Holmes fights for workers’ compensation protections for contagious infections
  2. Senator Holmes works for greater safety for pregnant women after family loses premature infant
  3. Holmes works to stop predatory contract loan practice in pet stores
  4. Senator Holmes measure shortens prior authorization delays by health insurers
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