Quincy Reporter

In a week marked by National Small Business Week, Illinois Senate Republicans voiced concerns over a proposed $6 billion tax increase. The proposal, backed by Governor JB Pritzker's Democratic allies, is seen as potentially harmful to the state's small-business community, which is already facing challenges.

The new taxes are being considered following a $1 billion increase earlier this year aimed at supporting state spending. Among the proposed measures are a digital advertising tax and an increase in corporate income tax. State Sen. Jil Tracy (R-Quincy) expressed that such policies could harm working families and small businesses. She criticized what she described as "out-of-control spending" by the governor.

Senate Republicans also pointed to Governor Pritzker's reversal on phasing out the franchise tax, arguing it undermines trust in state leadership.

As budget discussions for Fiscal Year 2026 continue, Senate Republicans urged Democratic lawmakers to oppose what they call a "tax-and-spend agenda."

Another point of contention is the Democrats' proposal to lower the estate tax exemption from $4 million to $2 million. This move has raised concerns among Senate Republicans about its impact on family-owned farms and businesses. They argue that lowering the threshold would impose significant financial burdens on grieving families who inherit land or assets.

Senate Republicans have advocated for reforms to align with federal policy and ease the burden on family enterprises. Sen. Tracy emphasized these reforms are vital for preserving Illinois' agricultural legacy.

In another legislative development, Illinois Democrats introduced bills targeting certain handguns, specifically Glock models that can be illegally modified into automatic weapons. Senate Republicans criticized this move, suggesting it punishes lawful gun owners rather than addressing criminal activity directly.

Senator Tracy referenced a U.S. Supreme Court ruling against bans on commonly owned handguns, arguing that this legislation might infringe upon constitutional rights.

Separately, National Women's Health Week began on May 11th under the guidance of the U.S. Department of Health and Human Services' Office on Women’s Health. The observance aims to raise awareness about women's health issues across various areas including menopause support, mental health resources, and cancer prevention.