Illinois approves $1.5B plan to overhaul Chicago-area public transit

1 min read
Source: Chicago Sun-Times
Illinois approves $1.5B plan to overhaul Chicago-area public transit
Photo: Chicago Sun-Times
TL;DR

Illinois lawmakers approved a $1.5 billion transit funding package to prevent major service cuts in Chicago, including new revenue sources like sales tax redirects, toll increases, and no fare hikes for a year, while removing proposed taxes on streaming and luxury goods. The bill aims to address the transit agencies' financial struggles caused by pandemic-related ridership drops and federal grant reductions.

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