No budget by fiscal year deadline
Despite June 30 marking the end of Fiscal Year 2017, Illinois will enter July without a balanced budget and reform package in place. However, the Senate and House of Representatives are both scheduled to continue session through the weekend to try to hash out a deal.
Prior to the deadline, legislative leaders met in what were generally described as productive and positive meetings, and rank-and-file lawmakers representing both chambers continued to work together hammering out details on budget and reform proposals. However, an agreement was unable to be reached before Illinois lapsed into the third-straight year without a budget.
Senate Republicans reaffirmed their commitment to a deal that is good for Illinois families, underscoring the need for a balanced, full-year budget, something the state hasn’t had in over a decade, along with critical reforms to provide taxpayers and employers with relief.