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Gov. JB Pritzker signed the Fiscal Year 2026 budget Monday in Chicago. [Camryn Cutinello/The Daily Line]
With 14 days to spare, Gov. JB Pritzker signed the $55.2 billion state budget Monday morning.
The Fiscal Year 2026 budget will officially go into effect July 1, backed by new taxes on nicotine products, gambling and out-of-state corporations. The spending plan is the largest in state history, but Pritzker praised it as balanced and said it represented necessary investments in Illinois.
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