Illinois Governor J.B. Pritzker's approved $53B budget phases out the state's 1% grocery tax by Jan 1, 2026, resulting in revenue loss for cities like Chicago.
Illinois Governor J.B. Pritzker's proposed $53B budget, approved by the state senate, includes phasing out the state's 1% grocery tax by Jan 1, 2026. This will lead to cities like Chicago, Rockford, Joliet, and Schaumburg losing significant revenue (up to $80M for Chicago), but the state delays the end to allow local taxes on groceries, not exceeding 1%. Illinois is one of 13 US states with a grocery tax.
June 15, 2024
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