Liquor Tax Hike Upheld

Shields, Yvette
April 2004
Bond Buyer;4/7/2004, Vol. 348 Issue 31858, p37
Trade Publication
Reports that the Illinois Supreme Court upheld the liquor tax increase approved by the General Assembly to raise additional revenues to repay general obligation bonds issued under the 1998 public works program called Illinois FIRST. Amount of money freed from escrow; Failure of the court to address whether the tax was constitutional.


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