The in box. The latest Madigan pension maneuver.
Chairman of the Illinois Democratic Party and House Speaker Michael Madigan.
Rep. Madigan has been the main proponent of making school districts pay more into TRS. Well, he has found a way to start that ball rolling and it could be as early as this week. If he has his way, House Bill 3637 will be amended to take the Personal Property Tax Replacement Fund (PPTRF) dollars that would normally go to school districts and other local governmental bodies and apply that to fund TRS.This is a tax that the State of Illinois collects from corporations in lieu of corporate personal
