IVCA Provides Updates for State Legislative Issues – 08/09/2023
Illinois Venture Capital Association Illinois Legislative Report
David Stricklin / Stricklin & Associates
Wednesday, August 9, 2023
STATE FAIR TAKES CENTER STAGE
Most of official Illinois political energy is in Springfield the next few weeks as the Illinois State Fair kicks off and contenders for statewide office now an in the future jockey for attention. The governor unveils the butter cow today, there’s a parade Thursday, then next week on Wednesday the Democrats gather with nationally known guests highlighting the events and the Republicans take the spotlight on Thursday.
Legislators are spending most of their time currently doing district-level events and putting resources into their campaign accounts for the 2024 elections. The governor has signed most of the bills sent to him by the legislature from the 2023 session.
FORMER SPEAKER CHIEF OF STAFF ON TRIAL
Mapes served for two decades as chief of staff to Madigan. But Madigan forced him to resign in 2018 amid bullying and harassment claims. Then, in early 2021, he found himself in front of the grand jury amid the aggressive federal investigation of his former boss and McClain.
Mapes is also charged with attempted obstruction of justice for his alleged bid to block that probe.
STATE BUDGET DEEP DIVE
Readers of this column know a recommended source of detailed information on state finances emanates from the Commission on Government Forecasting and Accountability. COGFA has produced a first analysis of the Fiscal Year 2024 budget which started July 1:
COGFA was also busy putting out its monthly analysis/snapshot of where things are in the Illinois economy:
TREASURER SEEDS COLLEGE SAVINGS