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Phil Melin of Illinois Citizens Against Lawsuit Abuse told The Center Square last month that SB 328 would open Illinois courts to cases with out-of-state plaintiffs and defendants. The American Tort Reform Association’s Legislative HeatCheck Report released last month gave Illinois the "inferno" designation after the General Assembly passed the measure. With the governor's signature, SB 328 takes effect immediately.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Life is good for trust fund babies. They don’t need to work for a living; they can just take up hobbies like being state governors.
He’s always smiling in these photos. The vast majority of the rest of the Illinois citizens aren’t smiling as much.
Don’t forget, he is “the happy warrior” fighting for “the working class”?
If Mr. Sub was as concerned with the mounting problems of IL as he is with sniffing out lawsuits for his kangaroo IL Supreme Court to decide in favor of more much needed revenue for the state, this state would be much better off.
Unlike HB 3657, at least this time Republicans showed a little back bone and all voted “no” on SB 328 (https://legiscan.com/IL/rollcall/SB0328/id/1582833). Although earlier votes they voted “yes”.
Since the machine is so tax revenue craven to feed their beast, maybe they need to consider extending the tax on services to include huge tax on lawsuit settlements in exchange for clients having their cases litigated in judicial “hell hole” Illinois? Why wouldn’t clients and lawyers agree to this minor fee? Currently, from google AI-ing, I believe taxing of lawsuit settlements follows fed taxing?…What would a Martire say?
If a settlement is taxable at the federal level then Illinois will tax it as well. This is currently the law. I’m guessing Martire would educate you on the current tax code if you asked him for comment.