Category: Top Illinois Stories

Judges challenge IL Tier 2 pension reforms, say law was approved and applied unconstitutionally – Cook County Record

Two judges – one from Cook County and the other from St. Clair County – have partnered in a lawsuit to potentially take down the state’s so-called Tier 2 pension law, a key pension reform measure they say was passed unconstitutionally and which they claim has unconstitutionally denied them a larger retirement pension than they believe they are owed.

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Pritzker eyes bigger piece of Illinois sports betting action after 4 booming years – Chicago Sun-Times

Casino sportsbooks across Illinois have paid a 15 percent tax on their revenue after paying out winners since legal betting launched in 2020, but the Democratic governor’s latest budget proposal would increase that rate to 35 percent. The governor’s office says the hike, which is still lower than other big-betting states, is a slam dunk to generate an extra $200 million for the cash-strapped state. Major gambling corporations argue it’ll block growth in a market that has ballooned into one of the biggest, most betting-hungry in the nation.

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