Illinois lawmakers consider millionaire’s tax to pay for property tax relief, schools

Source Fox Chicago
Original Load Date April 21, 2026, 5:01 p.m.
Last Updated April 21, 2026, 5:01 p.m.
Original URL http://www.fox32chicago.com/news/illinois-millionaires-tax-bill-4-21

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#### The Brief * * Lawmakers in Springfield are weighing a new 3% surtax on millionaires as their legislative session reaches the home stretch. * State leaders say the 3% surtax could generate between $1.3B and $3.7B in new revenue. * The bill being considered would dedicate 50% of...