Legislation assisting Illinois' unemployed citizens to be considered
by governor
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[MAY 21, 2005]
SPRINGFIELD -- On
Wednesday, the House of Representatives unanimously approved
legislation that would offer Illinois citizens claiming unemployment
additional financial relief.
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State
Sen.
Larry Bomke, R-Springfield, and state
Rep. Rich Brauer,
R-Springfield, were chief sponsors of
Senate Bill 2066, which requires the Illinois Department of
Employment Security to offer unemployed citizens the opportunity to
have state taxes withheld a little at a time, rather than expecting
these individuals -- who are already financially burdened -- to be
responsible for providing a large lump um payment at the end of the
year.
"Often unemployed citizens owe significant amounts of money to
the state when they file their taxes because no state tax was
withheld from their unemployment checks,” Bomke explained. “This
creates a needless economic strain on people who are already
financially strapped."
Under current law, unemployed taxpayers are not even offered the
option to withhold state income tax. By allowing a taxpayer to have
3 percent per pay period deducted from each check, rather than
forcing these people to pay 3 percent of annual benefits in one lump
sum, Bomke believes the proposal will help unemployed citizens to
get back on their feet.
[to top of second column in this article]
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The bill would also improve fluidity of the state's cash flow,
Bomke said. By withholding tax on a per-check basis, the state would
receive revenue steadily throughout the year instead of continuing
to cultivate a system where the collection of unemployment tax
return revenue is contingent on the taxpayers filing their tax
returns.
Senate Bill 2066 now moves to the governor for final approval.
[Illinois
Senate Republican Caucus news release]
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