Illinois House passes $40B FY 2020 budget

Illinois House passes $40B FY 2020 budget
The Illinois House of Representatives passed a $40 billion budget package for the FY 2020 fiscal year on Friday night (Source: KFVS)

SPRINGFIELD, Ill. (KFVS) - The Illinois House of Representatives passed a $40 billion budget package for the FY 2020 fiscal year on Friday night, May 31. State Representative Terri Bryant from southern Ill. tossed in a yes vote for the budget.

We were originally given a kind of take-it-or-leave-it 1500 page budget bill on Friday morning,” Bryan (R-Murphysboro) said. “House Republican leadership and our fantastic budget staff got right to work and succeeded in a tough afternoon of negotiations. Republicans demanded fair negotiations and badly needed reforms to our business environment, and we were successful in achieving those goals.”

Bryant said the budget will pay down $1.2 billion in bills saving millions. The pension payment, at one time was going to be skipped. This budget makes the fully required pension payment, according to the lawmaker.

Governor JB Pritzker released the following statement after Friday’s Senate passage and Saturday’s House passage of a bipartisan, balanced state budget:

“With the House’s votes today and the Senate’s votes last night, the people of Illinois now know that we have a truly balanced - and bipartisan - budget. It begins to put our fiscal house in order and builds a bridge to the fair tax, all while supporting job creation and making consequential investments in education and public safety. I’m thankful that legislators from both parties have come together in good faith in these bipartisan votes. "I’m especially grateful that the four legislative leaders showed that compromise is once again possible in Illinois, with their willingness to negotiate a fiscally responsible budget for the people of our state. I look forward to the Senate finalizing this budget.”

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