SPRINGFIELD – State Senator Heather Steans (D-Chicago) issued the following statement in response to Gov. JB Pritzker’s first budget address:  

“Having the governor propose a balanced budget is a positive step toward restoring stability to our state and ensuring long-term functionality within our government.  Illinois continues to face structural budget challenges and I am encouraged that Governor Pritzker is addressing them head on.

“I look forward to working with the administration and my colleagues in the Senate over the next few months to develop a budget that significantly moves Illinois toward a solution that achieves financial certainty and builds trust that Illinois is back on the right track.”

SPRINGFIELD – State Senator Heather Steans (D-Chicago) issued the following statement after the Senate voted to approve legislation that would raise the minimum wage in Illinois to $15 an hour by 2025.

“Raising the minimum wage in Illinois is a long overdue step that will help restore dignity to working families who are currently struggling to make ends meet, as wages are failing to keep up with the cost of living.

“Additionally, the current, insufficient minimum wage disproportionately impacts groups like women, minorities and senior citizens. Raising the minimum wage is an important component in closing the wage gap.”

Senate Bill 1 passed the Senate 39-18 and now heads to the House for consideration.

SPRINGFIELD – State Senator Heather Steans (D-Chicago) introduced legislation yesterday that will crack down on corporations shifting their profits to offshore tax havens.

Her measure would convert Illinois’ corporate tax system from mandatory “water’s edge” combined reporting that includes only companies with more than 20 percent of their business activity in the United States to a default worldwide combined reporting requirement.

Steans said at a press conference today that her legislation will provide much-needed revenue for Illinois.

“We want a fair income tax. That’s going to take time, but we need revenue for our state now,” Steans said. “This is one part of a solution, but it’s a critical one.”

Under current law, businesses are able to shift profits to related companies in other countries with low or no tax requirements in order to decrease their tax liability.

Steans’ legislation allows businesses to continue using the current reporting requirements but eliminates their ability to deduct 100 percent of their dividends from foreign subsidiaries. They will also have to include in their report a list of subsidiaries doing business in a specific list of low- or no-tax countries.

Senate Bill 1115 was introduced on Tuesday and has been assigned to the Senate Revenue Committee.

CHICAGO – State Senator Heather Steans (D-Chicago) issued the following statement today after Cook County State’s Attorney Kimberly Foxx came out in support of Steans’ proposal to legalize adult-use cannabis in Illinois:

“One of our primary goals with this legislation is to begin to repair the decades of damage from the War on Drugs, particularly within minority communities.

“We know we cannot undo the disproportionate harm prohibition caused among minorities, but we can keep a firm eye on social justice as we move forward with legalization.

“State’s Attorney Kimberly Foxx has a stellar record of fighting for criminal justice reform in Cook County. Expunging records of people convicted of non-violent, cannabis-related misdemeanors is an excellent first step and will aid in removing obstacles to employment and housing. Her support is a vote of confidence, and I look forward to working with her as we craft the best piece of legislation possible.”