Pritzker unveils $41.5 billion capital plan
A proposal shown to lawmakers includes major new spending on roads, transit, schools and more, but would require a doubling of the gas tax and new levies on items like vehicle registration, liquor, cable TV and ride-hailing.
GREG HINZ ON POLITICS
CRAIN’S CHICAGO BUSINESS
May 17, 2019
After months of pondering, Gov. J.B. Pritzker today began briefing state lawmakers on his much-anticipated capital plan, and it’s both big and expensive—$41.5 billion over six years, to be financed in part by a doubling of the state’s tax on gasoline.
According to background documents obtained by Crain’s, Pritzker wants to pair just under $25 billion in state spending (mostly new, but some reprogrammed) with $10 billion in expected federal funds with $6.6 billion in local and private funds, saying that work is needed because Illinois infrastructure is in “dire” shape.
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