- Published: Friday, April 08, 2022 05:54 PM
SPRINGFIELD – State Senator Scott Bennett (D-Champaign) supported a tax relief plan that prioritizes working families, providing them with assistance following two years of financial distress caused by the COVID-19 pandemic.
“We are looking toward the future and setting Illinois up for success with a tax relief plan that will help our state thrive for years to come,” Bennett said. “With an increase in prices at the gas pump, grocery checkout line and other places, people are feeling the financial strain.”
Under the tax relief plan, direct checks of $50 per individual and $100 per child, up to three children per family, will be sent to families. The income limits for eligibility to receive the funds are $200,000 for individuals and $400,000 for joint filers, allowing over 95% of taxpayers to receive these checks.
“Giving a check back to people is about maximizing utility,” Bennett said. “We trust Illinoisans to use the money how they see fit. This helps families, businesses and the Illinois economy as a whole.”
The tax relief plan, also known as House Bill 1539, passed the Senate Saturday.