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IML Legislative UpdatePosted June 7, 2024 in Legislative briefsIDOT Highway Safety Improvement Program The Illinois Department of Transportation (IDOT) issued Circular Letter 2024-13 (available via this link) announcing the SFY 2026 Highway Safety Improvement Program (HSIP) as part of the proposed SFY 2026-2031 …
Technical Accounting Review Committee (TARC) UpdatePosted June 7, 2024 in TARC updatesGASB Issues Statement to Improve Key Components of Governmental Financial Reports The Governmental Accounting Standards Board (GASB) has issued guidance designed to improve key components of the financial reporting model—the blueprint for gover…
IML Legislative UpdatePosted June 3, 2024 in Legislative briefsEnd of Legislative Session Report The 103rd General Assembly adjourned its 2024 Spring Legislative Session on May 29, 2024, after finalizing a state budget and passing numerous other pieces of legislation. The Senate adjourned on Sunday, May 26, at 1…
IML Legislative UpdatePosted May 17, 2024 in Legislative briefsLegislative Update Video IML Legislative Affairs Director John Coultas posted a legislative update video (available via this link) on May 10, 2024, which may be viewed on IML’s Education Resources webpage (available via this link). An archive o…
IML Legislative UpdatePosted May 3, 2024 in Legislative briefsLegislative Update Video IML Legislative Affairs Director John Coultas posted a legislative update video (available via this link) on April 26, 2024, which may be viewed on IML’s Education Resources webpage (available via this link). An archive…
IML Legislative UpdatePosted April 19, 2024 in Legislative briefsGovernor Pritzker Budget Proposal to Eliminate Grocery Tax On February 21, 2024, Governor JB Pritzker unveiled his proposed State Fiscal Year (SFY) 2025 budget, which includes a proposal to eliminate the 1% sales tax on groceries, which is dedicated …
