Illinois lawmakers pushing income tax hike legislation

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SPRINGFIELD, Ill. — An Illinois House committee is pushing legislation to raise income taxes by more than 30 percent.

The House Revenue Committee sent the proposal to the floor yesterday on a party-line vote.

Senate democrats approved the plan last week, in hopes of breaking the two-year budget impasse.

The bill would raise more than $5 billion.

Governor Rauner’s office has indicated he’ll veto the bill if it stays as is.

Lawmakers are working to come up with a deal before the legislative session ends tomorrow.