SPRINGFIELD – State Senator Napoleon Harris (D-Harvey), will head a number of hearings later this month to review Illinois’ efforts to increase diversity in pension investment managers.  

Under Illinois law, public employee pension systems must set and work toward diversity goals. They must also increase access to state contracts for investment management firms, brokerages and other vendors owned by minorities, women or people with disabilities. Since 2004, the Senate has held annual hearings to receive updates from the pension systems on their progress in meeting these goals and to discuss ways in which the state can continue to break down barriers for emerging investment managers and other financial professionals. 

ROCKFORD – State Senator Steve Stadelman (D-Rockford) is encouraging drivers to take advantages of the Rockford-Central driver services facility’s drive-thru license plate sticker renewal.

“Many people have expressed concerns about waiting inside during the ongoing public health crisis to renew their license plate stickers or standing in long lines in the cold,” Stadelman said. “I’m happy to see that the secretary of state’s office is offering people a safer and easier way to renew their registrations through the drive-thru service.”

The facility will be open Tuesday from 8 a.m. to 5:30 p.m., Wednesday from 8 a.m. to 5 p.m. and Saturday from 7:30 a.m. to 12 p.m. Credit cards and checks will be the only accepted forms of payment, and customers will be required to wear masks.

Illinoisans with access to the internet can also renew their vehicle registration stickers and benefit from other online services provided at www.cyberdriveillinois.com. All expiration dates for driver’s licenses and ID cards have been extended until June 1, 2021.

“If you can, please try to renew your registration online” Stadelman said. “The more people who do, will mean quicker service for people who have to use the drive-thru service.”

Stadelman would also like to remind Rockford residents the federal government has extended the REAL ID deadline by one year. The new deadline is now Oct. 1, 2021.

BUFFALO GROVE — State Senator Adriane Johnson (D-Buffalo Grove) is encouraging families who want to buy a house but are hindered by student loan debt to take advantage of Illinois’ new SmartBuy mortgage and student loan assistance program. 

“Young people, particularly young people who live in minority communities, are often held back from purchasing a home due to the weight of student loan debt,” Johnson said. “Families deserve the peace of mind that they can have both a quality education and a forever home.” 

The Illinois Housing Development Authority launched the SmartBuy program, which offers a safe, affordable 30-year fixed rate first mortgage with $5,000 in assistance to be used toward a down payment and/or closing costs. In addition, the program allows people to combine their student loan debt into a mortgage in an effort to lower the high interest rate of student loans and get rid of the student loan portion of debt. The program provides 15% of the purchase price, or up to $40,000, in student loan debt relief to borrowers.

A 2018 study by the University of Illinois found that outstanding student loan debt negatively impacts wealth accumulation for all borrowers — regardless of race — but the impact is especially significant for Black and Latinx borrowers.

To qualify for SmartBuy, potential borrowers must have at least $1,000 in student loan debt and must pay off their full remaining student loan balance at closing. The program also requires a FICO mid-score of at least 640, and applicants must meet certain income and purchase price requirements.

SmartBuy was created using funding from the historic, bipartisan Rebuild Illinois statewide construction plan, and is expected to assist approximately 500 to 1000 borrowers.

Learn more about SmartBuy and find a list of SmartBuy approved loan vendors at www.ihdamortgage.org/smartbuy.

HAZEL CREST – During a virtual press conference Tuesday afternoon, State Rep. Will Davis (D-Hazel Crest) and several advocates called upon the Illinois Department of Commerce and Economic Opportunity to enforce a law they helped author to expand opportunities for minority- and female-owned businesses in Illinois.

“The big businesses that are getting a special tax break from the state need to start providing opportunities to Illinois small businesses to work with them,” Davis said. “The Department of Commerce and Economic Development must enforce the law and make that happen.”

An expansion to the EDGE program was passed in 2017, and requires that any company seeking a tax credit must publicly file a report on their voluntary supplier diversity. State Senator Cristina Castro (D-Elgin), Chair of the Senate Revenue Committee, shared her sentiments.

“When we passed the EDGE expansion, we did so under the assumption that if businesses did not comply with the requirement to disclose their supplier diversity, DCEO would step in and force them to,” Castro said. “That has not yet happened, so it is time for the Department to do its job and enforce the law it helped us write in order to ensure that opportunities for minority- and women-owned businesses can continue to flourish.”

Also commenting on Davis’s call to action was State Rep. Barbara Hernandez (D-Aurora), who said “during these difficult times minority-owned-small businesses need more opportunities and resources that would allow them to reach their full potential."

Jorge Perez, of the Hispanic American Construction Industry Association, added "our members pay more state income taxes than these huge companies that get edge tax credits, and it's insulting these companies aren't following the law and filing supplier diversity reports."

Larry Bullock, Executive Director of the United States Minority Contractors Association, as well as representatives of the Federation of Women Contractors and Black Contractors Owners and Executives, applauded Davis’s efforts and echoed the calls for businesses and the Department of Commerce and Economic Development to follow the plain language of the law.

CHICAGO – To discuss updates on the state’s DNA backlog, Senate Public Health Chair Patricia Van Pelt (D-Chicago) will lead a joint Senate committee hearing Thursday morning.

“A lot has been going on this year, but we have not forgotten about those who are waiting for answers for heinous crimes done to their loved ones,” Van Pelt said. “Illinois State Police have made some advances since our last hearing, and it’s time to check in on the task force recommendations.”

The Governor’s Forensic Science Task Force released a report with recommendations for the State Police in June. In August, ISP announced that the Biology backlog for Fiscal Year 2020 Biology backlog was down by 30% from 2019.

GLENVIEW – To offer support to working class families and communities of color in Illinois, State Senator Laura Fine (D-Glenview) is drawing attention to the new SmartBuy mortgage and student loan assistance program.

“Young people—and especially young people of color—face disproportionately higher barriers to homeownership, including burdensome student loan debt,” said Senator Fine. “The SmartBuy program can help give prospective homebuyers a boost and begin to bridge the historical disparities in access to housing opportunities.”

The Illinois Housing Development Authority (IHDA) launched the SmartBuy program Dec. 1, 2020. The program offers a safe, affordable 30-year fixed rate first mortgage with $5,000 in assistance to be used toward a down payment and/or closing costs. In addition, the program will provide 15% of the purchase price, or up to $40,000, in student loan debt relief to borrowers.

To qualify for SmartBuy, potential borrowers must have at least $1,000 in student loan debt and must pay off their full remaining student loan balance at closing. The program also requires a FICO mid-score of at least 640, and applicants must meet certain income and purchase price requirements.

SmartBuy was created using appropriations allocated to IHDA in the historic, bipartisan Rebuild Illinois capital plan, and is expected to assist approximately 500 to 1000 borrowers.

Learn more about SmartBuy and find a list of SmartBuy approved loan vendors at www.ihdamortgage.org/smartbuy.

DANVILLE – Giving Tuesday is Dec. 1, and State Senator Scott Bennett (D-Champaign) is encouraging those who are able to give back to their communities on this charitable occasion.

“As COVID-19 cases continue to surge, so does the need for help from local charitable organizations,” Bennett said. “There’s something everyone can do to help, whether it is donating to a good cause, volunteering your time to help others in our community, or simply showing acts of kindness.”

Giving Tuesday, created in 2012 as a day to encourage people to do good, has since grown into a global movement for charitable giving on the first Tuesday after Thanksgiving.

Bennett encourages folks willing and able to consider reaching out to a local charitable organization to ask how they can help. These organizations may include animal shelters, blood banks, or other groups serving children and youth, artists, small businesses, restaurant workers, homeless individuals, and more.

Additionally, Bennett is hosting two drives to benefit those in Champaign and Vermilion Counties, which supports the Giving Tuesday initiative.

Bennett’s Champaign office is collecting new backpacks, hygiene supplies, long underwear, and socks for C-U at Home through Friday, Dec. 18. A collection box is located outside of his office in Champaign, located at 45 E. University, Suite 206.

Bennett’s Danville office is collecting homemade and store-bought cards, to help spread some holiday cheer, which will be sent to the residents at Gardenview Manor and Danville Care Center. Cards can be delivered to the collection box outside of Bennett’s Danville office, located at 201 N. Vermilion St., Suite 323 through Monday, Dec. 14.

For more information on Bennett’s holiday drives, contact his Champaign office at 217-355-5252 or Danville office at 217-442-5252. For more information on the Giving Tuesday initiative, visit https://hq.givingtuesday.org.

PARK FOREST – As local organizations across the state band together once again to promote charitable giving, State Senator Patrick Joyce (D-Essex) is encouraging those who are able to give back to their communities this Giving Tuesday.

“Many charitable organizations are having a hard time serving those in need amid the pandemic,” Joyce said. “Fortunately, the pandemic is motivating a lot of generosity, and with Giving Tuesday underway, I hope people will find creative ways to give back this holiday season to help those struggling.”

Giving Tuesday, created in 2012 as a day to encourage people to do good, has since grown into a global movement for charitable giving on the first Tuesday after Thanksgiving.