SB 1911

 SPRINGFIELD — With rising threats to state funding for vital programs from the federal administration, State Senator Cristina Castro backed a measure that would safeguard the state’s budget and ensure that communities continue to receive funding for economic development projects in the face of economic uncertainty.

“Working families shouldn’t have to pay the price for this administration’s recklessness,” said Castro (D-Elgin). “The threats to funding for our safety net programs requires us to step up to the plate to fill the void.”

The federal administration's budget cuts threaten to create a $267 million shortfall in Illinois' Fiscal Year 2026 budget. Senate Bill 1911 would recover nearly $250 million of that lost revenue by strategically decoupling from federal tax policy changes that benefit large corporations at the expense of working families and update definitions to align with federal law.

Additionally, the measure calls for sales tax and revenue bonds – or STAR bonds – to be permitted for use within local municipalities. The STAR bonds initiative helps finance the construction of local retail, tourism and entertainment projects. This would empower local municipalities with additional revenue, helping them attract visitors, draw in investments and create more jobs.

“Responsibility means stepping up to keep dollars in our local economies, where they fuel job growth and support our communities,” said Castro. “Access to revenue during these trying times will protect Illinois businesses owners and families alike.”

Senate Bill 1911 passed the Senate on Friday and on its way to the governor for final approval.