Pritzker signs state budget, income tax measure

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Gov. J.B. Pritzker delivers his first budget address on Wednesday, Feb. 20, 2019 to a joint session of the Illinois House and Senate at the Illinois State Capitol building in Springfield. (E. Jason Wambsgans/Chicago Tribune via AP, Pool)

CHICAGO (AP) — Gov. J.B. Pritzker has signed a nearly $40 billion state budget along with a measure that could lead to enacting a graduated income tax in Illinois.

The Democrat inked the measures Wednesday afternoon at a state government office in downtown Chicago.  He says a “new era of fiscal responsibility has arrived in Illinois.”

The budget increases spending for education and the state’s child welfare agency. It fully funds the state’s $9 billion pension contribution and borrows $1.2 billion to pay $6.7 billion in overdue bills. The budget also includes a $1,600 annual pay raise for lawmakers.

The income tax measure adds a constitutional amendment question to 2020 ballots asking voters whether they want rates to increase with income.

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