Senate week in review
Send a link to a
friend
Feb. 21-25
[FEB. 26, 2005]
SPRINGFIELD -- Local primary
elections cut short the legislative session by a day, but Feb. 21-25
was a long week for the governor, who saw his fiscal 2006 budget
blow apart when a bipartisan legislative commission issued a report
disputing the estimated savings of reforming the state's pension
system, according to state
Sen. Bill Brady, R-Bloomington.
|
Gov. Rod Blagojevich outlined his
budget plan Feb. 16 and based much of his revenue projections on
more than $800 million in estimated savings that would occur if the
General Assembly enacted certain pension reforms. Senate Republicans
have questioned the governor's savings projections, suspecting that
the savings may not be as much as the governor is predicting. Those
suspicions were confirmed this week when the Commission on
Government Forecasting and Accountability issued a report indicating
that of the proposed $819.4 million in savings, only $80.9 million
can be attributed to the governor's proposed benefit changes.
Essentially, if all the changes pass
through the General Assembly and are upheld in court, the 2006
budget's required contributions would be reduced by $80.9 million.
Under the current pension funding plan, the state would have to pay
$2.6 billion into the pension systems. The governor wants to reduce
that payment by more than $800 million and pay only $1.8 billion
into the system. If his reforms are not passed or if they fail to
deliver the projected savings, the state's pension system would be
dramatically underfunded and it would be up to future generations to
make up the difference.
Senate Republicans are willing to
explore pension reform options, but they believe it is unwise to
spend the projected savings today, especially since the savings may
not actually materialize and may not be as substantial as the
governor claims.
[to top
of second column in this article]
|
In other business, Senate
Republicans successfully fought legislation that would have raised
the standards for taxpayers when they make an appeal to the Property
Tax Appeal Board.
Senate Bill 356 would have put into law a presumption that the
tax assessor is correct in the tax assessment, making the burden of
proof a much higher standard for taxpayers. The Senate Revenue
Committee voted down the measure Feb. 24.
Also during the week of Feb. 21-25,
the Senate Environment and Energy Committee heard testimony on the
telecommunications rewrite law. The reforms enacted in 2001 are set
to expire this year and the General Assembly must again rewrite
telecommunications regulations in Illinois.
The testimony this week focused on
land line service. Representatives of SBC, Verizon, the Illinois
Commerce Commission and various consumer advocacy groups all
testified at the hearing. The general consensus at the hearing was
that the service quality standards enacted in 2001 are working and
that those standards should remain in place.
Senate Republicans also joined their
colleagues on the other side of the aisle in mourning the death of
state Sen. George Shadid's youngest son, George Shadid Jr. The
Peoria senator's son had brain cancer and died Feb. 21 at age 46.
[Illinois
Senate Republican Caucus news release]
|