Congratulations to Senators James Meeks, Rick Winkel, Miguel Del Valle, Kim Lightford, Kwame Raoul, Maggie Crotty and all the other advocates of decent schools for poor children in Illinois for coming to consensus on a 5% state income tax with the revenue allocated to higher education, elementary and secondary education and local property tax relief.
The new vehicle is HB 755, perhaps as close to the 750 brand as they could get.
The bill status is here and the text of the amendment is here (it's long).
There's a good article in the State Journal Register here.
Basically, this is a 2005 version of the swap. The details are still a little murky (I haven't read it all yet), but it's great news and a big sign of progress.
Who says the House is always more progressive than the Senate. . . .?