State legislators are laying out more measures that could impact Illinois taxpayers.
Republican state Reps. Dan Ugaste and Tim Ozinga discussed their idea to lower property taxes in the state by increasing state funding for local pensions. During a news conference Wednesday, they welcomed former state Rep. Mark Batinick to explain the proposal he originally offered before he left office. He said the share of pension costs for the state budget has actually gone from 25% of the budget to 20% of the budget.
Batinick said the move of increasing state funding for local pensions could decrease the property tax levy in some areas over time by as much as 50%. Illinois is regularly listed as among the states with the highest property taxes.
Legislators return for spring session Thursday.
Story from Illinois Radio Network
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