An Illinois Cook County circuit judge has ruled that a state increase in fees paid by employers into the state’s workers compensation fund was improper because it was used to help plug a gaping hole in the general revenue fund.
The fee hike, one of dozens targeting Illinois businesses passed by the Democratic-controlled state government in an attempt to balance the budget while avoiding income tax increases and government spending cuts, has brought in as much as $30 million. The Illinois Chamber of Commerce has estimated that it only costs $14 million for the state to administer the comp fund with the rest going into the government’s coffers.
The governor’s budget office will appeal the ruling, handed down by Circuit Judge Patrick E. McGann.
Topics Legislation Illinois
Was this article valuable?
Here are more articles you may enjoy.
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July
Tampa Bay Rays’ New Stadium in Tampa: What We Know So Far
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks
Berkely Says It’s No Longer Pressured to Push for Rate ‘Across the Board’ 

