SJ0022LRB104 12551 ECR 23019 r SJ0022 LRB104 12551 ECR 23019 r SJ0022 LRB104 12551 ECR 23019 r 1 SENATE JOINT RESOLUTION 2 WHEREAS, The investments that the State of Illinois makes 3 in communities through programs and services funded in the 4 state budget are vitally important in helping ensure all 5 Illinois families can thrive; and 6 WHEREAS, The State of Illinois' ability to fund programs 7 and services is now under threat from the federal government 8 as President Donald Trump and senior advisor Elon Musk are 9 unlawfully moving to unilaterally stop federal funding and are 10 pushing for deep budgetary cuts in order to slash taxes again 11 for the richest Americans, including Elon Musk; and 12 WHEREAS, These federal changes will be devastating for 13 millions of Illinoisans in a multitude of ways as they will 14 mean deep cuts to the roughly $34 billion Illinois receives 15 annually from the federal government for a range of programs 16 and services, such as health coverage for three million 17 Illinoisans through Medicaid, food assistance programs for 18 families, and services to support the State's public transit 19 system; and 20 WHEREAS, The General Assembly has the power to 21 meaningfully protect Illinoisans from the Trump 22 administration's plans to make deadly cuts to federal SJ0022 LRB104 12551 ECR 23019 r SJ0022- 2 -LRB104 12551 ECR 23019 r SJ0022 - 2 - LRB104 12551 ECR 23019 r SJ0022 - 2 - LRB104 12551 ECR 23019 r 1 investments in the health and well-being of our communities 2 and the planet; and 3 WHEREAS, Since the unsuccessful fair tax amendment in 4 2020, funding essential programs and services in the State 5 budget has become increasingly difficult; Illinois has not had 6 a major increase in state revenue since and continues to 7 experience a significant revenue shortfall; and 8 WHEREAS, Illinois has the eighth most unequal state and 9 local tax system in the nation and the most unequal of all 10 states in the Midwest with the lowest-income 20% of households 11 paying twice the portion of their incomes as compared with the 12 top 1%; and 13 WHEREAS, Illinois' corporate income tax policies contain 14 many loopholes that allow multinational corporations to avoid 15 paying taxes by hiding their vast profits; and 16 WHEREAS, Income and wealth inequality in the United States 17 have reached record levels with Illinois having the most 18 severe income inequality of all states in the Midwest and with 19 corporate profitability reaching an all-time high last year; 20 and 21 WHEREAS, The State of Illinois plays an important role in SJ0022 - 2 - LRB104 12551 ECR 23019 r SJ0022- 3 -LRB104 12551 ECR 23019 r SJ0022 - 3 - LRB104 12551 ECR 23019 r SJ0022 - 3 - LRB104 12551 ECR 23019 r 1 ensuring racial, gender, and immigrant justice; and 2 WHEREAS, Illinois must work to ensure fairness and 3 opportunity for all Illinoisans regardless of their race, 4 gender, or where they come from; therefore, be it 5 RESOLVED, BY THE SENATE OF THE ONE HUNDRED FOURTH GENERAL 6 ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF 7 REPRESENTATIVES CONCURRING HEREIN, that we urge the State of 8 Illinois to make needed investments in Illinois communities by 9 raising $6 billion in new revenue from the ultra-wealthy and 10 mega-corporations; and be it further 11 RESOLVED, That we urge revenue policies, such as raising 12 the corporate income tax, closing corporate tax loopholes and 13 taxing corporate offshore sheltered income, closing the 14 carried interest loophole, and taxing data extraction by big 15 tech corporations, should be used to fund priorities, such as 16 strengthening public transit operations, supporting immigrant 17 communities by fully funding immigrant services, protecting 18 healthcare access for all, fully funding public schools in 19 every community, supporting senior home care, and improving 20 the child tax credit program, the direct cash assistance, 21 re-entry employment programs, violence prevention programs, 22 and affordable housing opportunities; and be it further SJ0022 - 3 - LRB104 12551 ECR 23019 r SJ0022- 4 -LRB104 12551 ECR 23019 r SJ0022 - 4 - LRB104 12551 ECR 23019 r SJ0022 - 4 - LRB104 12551 ECR 23019 r 1 RESOLVED, That we affirm that, in addition to funding 2 these critically-needed services, implementing these revenue 3 policies will have the benefit of making our State's tax 4 system less unfair to the lowest income Illinoisans; and be it 5 further 6 RESOLVED, That a suitable copy of this resolution be 7 delivered to Governor JB Pritzker. SJ0022 - 4 - LRB104 12551 ECR 23019 r