Illinois lawmakers sent Gov. J.B. Pritzker legislation enacting most of the revenue-raising features of his proposed fiscal year 2025 budget, including a higher cap on corporate net operating loss deductions, higher taxes on sports-betting company receipts, and a revamped grocery tax system.The revenue plan, HB 4951, passed the House 60-47 early Wednesday. Democrats, who control the chamber with a 78-seat supermajority, had to scramble several times to gather the minimum 60 votes needed to pass the bill just after 4:30 a.m. local time. Earlier in the day the House approved the $53.1 billion appropriations bill, SB 251, …
