* 11:20 am - Remember, just because they have an agreement to move an operating budget doesn’t mean this session is over. There’s still a capital plan/casino and the governor’s health insurance plan to deal with, and the governor has said he won’t sign a budget until he gets those two things…. [UPDATED at 11:54 am - Jones may be was wrong.]
Senate President Emil Jones (D-Chicago) just told reporters - before he walked into the chamber this morning - he hopes to get a budget from the Illinois House today.
He says it should be a budget that the two chambers have agreed on.
* 11:24 am - Rep. Bill Black, a House institution, has sent a letter to his House Republican colleagues announcing that he’s not running for re-election. I’ll have the letter uploaded in a minute or so.
Here’s the letter.
From the letter…
“I have enjoyed being in the Illinois House for the past 22 years and I intend to fulfill the balance of my term. I am proud of my accomplishments, but it is time to slow down… At this age, I just want to spend more time with my wife, Sharon, my children and my grandchildren. My grandchildren are growing up before my eyes and I want to enjoy them.”
* 11:50 am - Yet another House Republican is announcing his retirement. This time, it’s Rep. Jim Meyer (R-Naperville). Meyer said this morning he will serve out his term. “I love this place,” Meyer said.
More in tomorrow’s Capitol Fax about both of these retirement developments.
*** 11:54 am *** A House Republican spokesman just said that it was his understanding that the chamber wouldn’t vote on an operating budget until tomorrow. But, he said, the people who gave the HGOPs that schedule are the same ones who said there’d be a vote last Friday, so take it for what it’s worth.
*** 12:18 pm *** It looks like that House GOP spokesman was right and Sen. Jones was mistaken, for whatever reason. The House has adjourned until tomorrow morning.
* 12:26 pm - Subscribers know that I had a brief story this morning about the governor’s announcement of $175 million in no-interest loans to school districts to help them through any budget shutdown. There are lots of problems with this plan, which will be financed by the Illinois Finance Authority. The Bond Buyer has more…
The program raises several significant questions for the IFA. First, Blagojevich announced that districts could borrow at no cost, yet legislative approval would be needed to cover interest on any financing or loan or the IFA could get stuck covering the cost.
Second, the IFA would need to tread cautiously and have some certainty that the proceeds would be used, given the scrutiny pooled bond programs face from the Internal Revenue Service. “There are many details to work out and we are hopeful that this program will not be needed,” IFA spokeswoman Diane Hamburger said.
They may be “hopeful” that it won’t be needed because it is so screwed up.
* 12:33 pm - As subscribers already know, there’s a renewed push to increase cigarette taxes in the Senate. The proposals are being taken up in the Senate Revenue Committee today. Revenue is also hearing the “7 percent solution” measure today.
Adding, the House Approp committees will be holding “testimony only” hearings later this afternoon. House Dems are being briefed on the operating budget as I write this.
* 12:55 pm - Russ Stewart’s latest newspaper column, “Blame the Republicans,” has been posted at Illinoize.
* 2:44 pm - From WBBM Radio…
As Illinois lawmakers take another look at authorizing a Chicago-owned casino, anti-gambling forces are mobilizing to fight the plan they’re demanding a public referendum before any legislative action is taken. […]
The task force to oppose gambling says as appealing as it might sound to generate revenue from a casino, it ignores the hidden costs of what opponents call exploitainment. […]
The Rev. Blackwell says in a city that can’t even hire trucks without corruption, how can you imagine running a casino without it.
* 3:55 pm - The Senate is back in session. Go here to listen or watch. Posting may be light for the rest of the day as I have lots of work to do. Commenters are encouraged to jump in and post updates as they develop.