Nybo urges lawmaker support of introduced ‘Capitol Compromise’ budget proposal
Following a press conference hosted by Republican lawmakers today introducing their “Capitol Compromise”—a package of bills that composes a bipartisan-compromise balanced budget with newly-added structural reforms—Senator Chris Nybo (R-Elmhurst) publicly voiced his support for the proposal and is urging all state lawmakers to return to Springfield to review the bills and end Illinois’ ongoing budget impasse.
The comprehensive proposal includes a truly balanced budget, a four-year hard spending cap, lasting property tax relief, and changes to Illinois’ regulatory system that will create jobs and grow the economy. The bills also include a $250 million increase for the new school funding formula and fulfilling commitments to restore child-care eligibility to 185% of the federal poverty level and a wage increase to Direct Support Professionals. It also includes term limits on legislative leaders and constitutional officers.
“The ‘Capitol Compromise’ my Republican colleagues presented today is a truly balanced, comprehensive, full-year budget that incorporates the critical budgetary and structural reforms the State Senate was negotiating during the spring legislative session, which were unfortunately missing from the Senate Democrats’ go-it-alone budget,” said Nybo. “This proposal is by name a genuine bipartisan compromise. It includes President Cullerton’s pension reform legislation, many of the priorities in the Senate Democrats’ school funding legislation, and now provides lasting property tax relief for Illinois residents and substantial workers’ comp reform to incentivize businesses to grow in Illinois. We’re nearing the finish line. It’s time we return to Springfield to finish the job our constituents elected us to do.”
The summary of the bills are as follows:
Budget Bill: Comprehensive budget proposal that includes real spending cuts and a four-year spending cap, while providing funding to state agencies like the Department of Human Services to care for our state’s most vulnerable and the Department of Transportation to continue important infrastructure projects.
Property Tax Relief: Four-year freeze for all taxing districts, but would allow residents, through voter referendum, to lower or increase their taxes. Allows for an exemption on existing debt service payments as requested by Senate Democrats.
Local Government Consolidation: Strengthens and improves the already passed SB 3, and will allow for citizens-initiated consolidation on units of local government.
Education Funding: Changes to the K-12 education funding formula that treats every district equitably that is consistent with the bipartisan framework of the Governor’s School Funding Commission. Funding for early childhood education, K-12 education, community colleges and universities.
Workers’ Comp: Uses previously negotiated language between Senate GOP and Senate Democrats, like changes to the medical fee schedule, but does not reduce benefits to workers or include a causation standard.
Pension Reform: Accepts SB 16, which has previously passed the Senate, including President Cullerton’s consideration model and the state’s pickup of Chicago Public School’s pension payments.
Term Limits: Constitutional amendment to impose 10-year term limits on legislative leaders in the General Assembly and eight-year limit on Constitutional Officers (Governor, Lt. Governor, Attorney General, Comptroller, Treasurer, and Secretary of State)
For the ‘Capitol Compromise’ or any budget proposal to pass through the House of Representatives, it will need a three-fifths majority vote—which would require the support of both parties. The General Assembly is expected to return to Springfield in late June to continue budget negotiations and legislative action.