“I agree changes must be made in order to make Illinois a more business-friendly state,” DeLuca said. “However, it shouldn’t be done by only focusing on reducing wages and stripping workers of their rights and protections in the workplace. These hardworking families deserve to be able to safely go to work and bring home a livable wage.”
House Bill 2622 creates a not-for-profit insurance provider that would be able to sell workers’ compensation insurance to businesses throughout the state. The Illinois Employers Mutual Insurance Company can offer the same quality insurance as for-profit companies but will be committed to delivering the best value for businesses, not turning a profit for investors. The competition will also encourage for-profit insurers to offer lower-cost options for Illinois employers. The non-profit established under this legislation is similar to state-chartered insurance companies in 20 other states, including Missouri, Kentucky, California and Texas.
Additionally, DeLuca supported reforms that require for-profit insurance companies to pass savings from workers’ compensation reform on to Illinois employers. Since Illinois enacted workers’ compensation reforms in 2011, costs, injuries and claims have all dropped significantly, but instead of passing on the savings to businesses, insurance companies are padding their profits. DeLuca’s House Bill 2525 gives the Department of Insurance authority to review insurance rates before they become effective and reject those it finds excessive.
“While I am in Springfield, I will continue working for real reforms that help employers save money without hurting Illinois families,” DeLuca said. “I am fighting to make Illinois’ economy more competitive while striving to create an environment for families to earn greater income.”
“House Bill 159 will authorize the necessary incentives for the redevelopment of the former Blue Ridge Farms Building within the Village of Park Forest,” DeLuca said. “HB 159 authorizes the necessary tax relief to create new jobs and economic growth which Park Forest and the southland regions so desperately need,” DeLuca said.
A developer has been searching for a facility throughout the United States that will fit their need to invest in, ultimately identifying a property in Park Forest. DeLuca’s legislation provides the necessary tax relief for the developer to invest in the community. The developer estimates spending $8 million to renovate the building creating many new construction jobs Once open and operating, the business will create 40 new full time jobs increasing up to 100 over time.
“In order to make this investment in Park Forest feasible to the developer, tax relief was a necessity,” DeLuca said. “With this creatively drafted legislation, the community will now have the opportunity to turn a once vacant building into a job creating and tax generating business. This is an exciting opportunity for Park Forest and I thank Mayor Ostenburg and his administration for traveling to Springfield to testify in committee so my colleagues understood the importance of HB 159.”
House Bill 159 now moves to the Senate for further consideration.
“Families in Illinois deserve a break, and this legislation will positively affect every homeowner in Illinois,” DeLuca said. “Property taxes have continued to rise over the years, resulting in some families having to move because they can no longer afford the taxes on their homes. It is the time we provide relief to all hard working families.”
DeLuca voted to pass the comprehensive package of property tax relief measures. This bill provides homeowners with relief above and beyond the freeze discussed by the governor, by increasing the value of key property tax exemptions that help homeowners reduce the taxable value of their homes and cut their taxes. Beginning in 2018:
House Bill 156 also creates a new property tax freeze for disabled homeowners receiving Supplemental Security Income from the federal government, nd expands tax credits provided to those who have lived in their residence for 8 years or more.
“Protecting low-income families continues to be one of my top priorities as a legislator,” DeLuca said. “I will continue to work with both sides of the aisle and fight for lower property taxes for the hard working families of Illinois.”
DeLuca’s bill received bipartisan support in the House, and now awaits consideration in the Senate.