Sen. Win Stoller (R-Germantown Hills) | Win Stoller/Facebook
Sen. Win Stoller (R-Germantown Hills) | Win Stoller/Facebook
Despite vocal displeasure from Republican lawmakers, a bill that provides taxpayers short-term relief to help ease the burden of inflation associated has become law.
Gov. J.B. Pritzker (D-IL) signed the bill April 19, but 10 days before Sen. Win Stoller (R-Germantown Hills) told his Senate colleagues the legislation wasn't a solution, but merely just "kicking the can down the road."
"Delaying action doesn't solve our problems," Stoller said on the Senate floor. "In fact, it's these delays that got us in the mess that we are in in the first place, and I do not think we should be heading down that path."
The legislation, known as Senate Bill 157, passed unanimously in both chambers of the state legislature even though Republican lawmakers were not happy with how it was written.
According to the bill's text, it creates several tax incentives for taxpayers in Illinois and provides a little relief to residents of the state from inflation. However, the relief is only temporary and will end after the election in November.
Under the law, the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act was established, which creates tax incentives for manufacturers of semiconductors, microchips, or its component parts.
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