PEORIA – Illinois Senate Deputy Minority Leader Sue Rezin (R-Morris) has criticized Illinois Democrats for legislation that fell short of funding the $4.5 billion Unemployment Insurance Trust Fund debt, which she claimed could lead to one of the largest tax increases on Illinois employers in history. Senate Bill 2803 appropriated only $2.7 billion of the $8.1 billion available from the federal American Rescue Plan Act to the UI Trust Fund.
“The Governor and his Democratic allies in the General Assembly had nearly a year to allocate federal ARPA dollars to fix the growing UI Trust Fund deficit crisis,” said Sen. Rezin. “Instead, of being fiscally responsible and prioritizing our trust fund, they waited and decided to appropriate our one-time federal dollars on other proposals and programs, including personal pork projects within their districts. Now, after only paying off 60 percent of the trust fund’s debt, they are patting themselves on the back and calling themselves financially responsible while our state’s employers and employees are preparing to bear the burden for their failure to truly fix this problem.”
Senate Bill 2803 was signed into law by Gov. JB Pritzker on March 25.
