Pritzker seeks $898M in tax hikes, takes $167M from locals

Changes in state, local government taxes in Gov. J.B. Pritzker's fiscal year 2025 budget proposal

Table with 3 columns and 8 rows.
Net operating loss cap$526M$0
Sports wagering tax hike$200M$0
Cap retailers' discount$101M$85M
Standard deduction$93M$0
Eliminate grocery tax$0−$252M
Child tax credit−$12M$0
Expand corporate franchise tax exemption−$10M$0
Net changes$898M−$167M