HEADLINES : Illinois
Ill. Legislature adjourns as tax package stalls
Lawmakers came to the Illinois Capitol to pass major tax relief but failed in dramatic fashion Tuesday when the legislation, meant to keep high-profile businesses from abandoning the state, was overwhelmingly rejected in the House.
Facing an impasse, both the House and Senate adjourned their special session and went home until negotiators come up with a new proposal.
"This is not going to happen tonight," Rep. John Bradley, a Marion Democrat who has led talks in the House.
The package included about $85 million in tax relief for financial companies CME Group Inc. and CBOE Holding Corp., both of which have threatened to leave Illinois, and a $15 million tax break each year for the next decade for Sears Holdings Corp., which also says it might leave.
It would have provided other breaks for businesses in general and a bit of tax relief for individuals.
Lawmakers did get some things accomplished.
Both the House and Senate approved a plan to tinker with the budget so that Gov. Pat Quinn would cancel plans to close seven state facilities and lay off about 1,900 employees. The legislation, which Quinn supports, shifts money in the budget but doesn't increase overall spending.
They also sent the governor legislation meant to curtail abuses of public pension systems. It would bar employees from earning pension credit while on leave working for unions, and also prohibit employees from "double-dipping" by getting credit from union pension systems and public systems at the same time.
The measure also attempts to cancel pension benefits for two Illinois Federation of Teachers lobbyists who qualified for teachers' pensions by spending just a single day in the classroom as substitutes. That could run into constitutional roadblocks, however.

