Illinois quick hits: SBA sues Chicago over online betting tax
Illinois to receive rural health-care funding
The federal government has awarded Illinois $193.4 million per year for five years to expand healthcare access in rural areas.
The Illinois Department of Healthcare and Family Services outlined three key categories of initiatives for the federal taxpayer-funded Rural Healthcare Transformation Program fund: transforming rural healthcare delivery, overcoming geographic barriers of care, and building a resilient rural healthcare workforce.
SBA sues Chicago over online betting tax
The Sports Betting Alliance (SBA) has filed a lawsuit against Chicago for the city’s new tax on online sports wagering.
The SBA complaint filed in the Circuit Court of Cook County Tuesday claims that the state of Illinois has sole authority to license and tax online sports wagering in the state.
The SBA filed but then withdrew a motion for a temporary restraining order after it said the city moved quickly to maintain the operations of legal platforms that provide customer protections not available in the illegal market.
Fed Financial Condistions Index falls
The Federal Reserve Bank of Chicago’s National Financial Conditions Index (NFCI) decreased to –0.57 in the week ending Dec. 26, suggesting looser financial conditions where credit is considered to be easier and cheaper for businesses and consumers.
The index updates U.S. financial conditions in money markets, debt and equity markets, and traditional and “shadow” banking systems. The Chicago Fed’s district includes all of Iowa and most of Illinois, Indiana, Michigan and Wisconsin.
Mostly Sunny then Showers And Thunderstorms Likely
Latest News Stories
Foxx: Prosecutors’ ‘silence’ on murder exonerations doesn’t mean ‘innocent’
Illinois Quick Hits: ISU union workers reach deal, return to work
Trump’s Iran objective moves from ‘surrender’ to nuclear deal
Democrats demand answers from Trump on consumer costs of Iran conflict
Illinois Dems eye $7B from new tax proposals, push ‘Billionaire Wealth Tax’
Plan would have state taxpayers provide $50M for ICE-impacted businesses
Homan threatens crackdown if New York limits ICE cooperation
Feds sue Colorado over ban on certain firearm magazines
Group calls for clear lines of authority after UVA member’s communications released
States pushing back on data center sales tax breaks as Wisconsin forgoes $1.5B
Midwest takes brunt of rising gas prices
Illinois Quick Hits: Chicago police sergeant charged with COVID relief fraud
Democrats hold Michigan Senate majority with special election win in District 35
