Illinois quick hits: Former governor proposes millionaire’s surcharge; digital state ID launched
Former governor proposes millionaire’s surcharge
Former Gov. Pat Quinn is pushing for a state constitutional amendment requiring Illinois millionaires to pay a 3% surcharge on their income tax returns.
The former governor said the millionaire’s tax would go to support a $4.5 billion property tax relief fund.
Quinn launched the campaign Tuesday outside the Cook County Treasurer’s Office in Chicago.
Digital state ID launched
Starting Wednesday, Illinois residents can add their Illinois-issued driver’s license or state ID to Apple Wallet and present their ID using their iPhone and Apple Watch.
Secretary of State Alexi Giannoulias said, for now, Illinois residents must continue to carry their physical ID.
Illinois joins 12 other states and the territory of Puerto Rico by offering driver’s licenses and state IDs in Apple Wallet.
Money laundering charges
The founder of a Chicago cryptocurrency company has been indicted in an alleged $10 million money laundering conspiracy.
Prosecutors say Crypto Dispensers CEO Firas Isa, 36, of Frankfort, Illinois and his company, Virtual Assets, have both pleaded not guilty.
According to the indictment, Isa’s company operated a cash-to-cryptocurrency exchange business with crypto ATMs at various locations throughout the United States.
Latest News Stories
U.S. Senate passes landmark bipartisan housing bill, sends to House
POLL: Majority of voters believe U.S. should stay in NATO
Nonprofits: Los Angeles schools need to do better following Carvalho’s resignation
Chicago anti-violence department proposed; activist dismisses Trump post
Pritzker plans to sign social media law despite criticisms
Illinois Quick Hits: IDOT says all 102 counties to have transit
Poll: Taxes, economy top voter concerns
Murphy, Dhillon go to bat for players in baseball’s Pride Night black eye
Republicans compete to face Neguse in congressional race
Vance says ‘progress’ made in talks with Iran
Report: Eight Michigan counties among most vulnerable to Social Security cuts
Los Angeles schools superintendent resigns after FBI probe