SPRINGFIELD, Ill. – In his continued effort to empower middle-class families and level the playing field for local employers, state Rep. Jay Hoffman, D-Swansea, helped pass reforms that crack down on corporations that ship jobs out of state, reduce fees on small businesses, and lower taxes for working families.

“Our economy is driven by hard-working, middle-class families and small and medium-sized businesses that employ people locally—not billionaire CEOs and huge, multi-national corporations,” Hoffman said. “A corporate agenda that rewards companies shipping our jobs overseas and creates tax-loopholes that huge corporations take advantage of is not the right path for Illinois.”

Hoffman’s House Bill 160 is a comprehensive package of economic reforms that includes ideas from both sides of the aisle. His legislation reduces the fees to open small businesses, expands tax credits for working families, and encourages job growth by creating tax incentives for companies who hire new workers. Hoffman’s measure also cracks down on corporations who ship jobs out of state by forcing outsourcers to pay back every dime they’ve received from Illinois taxpayers.

“We need to focus on expanding tax-breaks for middle-class families and leveling the playing field for local, community businesses, Hoffman said. “These reforms, that include proposals from both sides of the aisle, will help incentivize economic growth and spur job creation statewide.”

SPRINGFIELD, Ill. – House Speaker Michael J. Madigan issued the following statement:

“There is no more urgent matter facing the state than the passage of a comprehensive, balanced budget, and House Democrats will continue our efforts to address this challenge, end this destructive impasse and close the Rauner budget deficit. The House Democratic Budget Working Group led by Representative Greg Harris will hold public hearings and continue working in June to prepare a budget for the coming fiscal year. The first hearing will be held on June 8 in Chicago.

“The governor’s reckless strategy of holding the budget hostage to create leverage for his corporate agenda that pads the profits of large corporations and insurance companies has for the third year left Illinois without a budget at the end of the May legislative session. He has put our schools at risk of being unable to open, denied care to victims of domestic violence, kept tens of thousands of seniors from receiving Meals on Wheels, and tripled Illinois’ backlog of unpaid bills. This cannot continue.

“Where we can compromise with the governor without hurting middle-class families, House Democrats have consistently advanced measures that address the governor’s requests so we can get down to the work of passing a balanced budget. House Democrats have:

• Voted to provide property tax relief to homeowners;
• Put forward reforms to the workers’ compensation system that will ensure employers see the savings from reform;
• Introduced an agenda of economic reforms that make Illinois a better place to do business while also lifting up middle-class families, not tearing them down;
• Voted at the governor’s request to streamline the state procurement process;
• Voted to sell the Thompson Center.

“I have directed members of the House Democratic leadership team to meet with the governor and seek common ground on his other proposals. To date, the governor has refused to meet.

“We remain ready to work with the governor and find common ground whenever he is ready to return to the table and work in good faith.”