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 Cloudy
Latest News Stories
Hern projected to win Oklahoma GOP Senate primary
Pan criticizes Kiley as California congressional race heats up
U.S. Department of Justice investigates Newsom’s associates
Advocates say price transparency alone won’t fix healthcare prices
Social media platforms challenge Chicago tax; Pritzker confident in statewide plan
Feds move education programs to other agencies
Feds name five individuals charged in UFC terror plot
Central Ohio man linked to foiled terror plot at White House UFC event
WATCH: Senate panel OKs limits on protests near worship
New Bears bill introduced for Arlington Heights
Chicago pushes $21M home-purchase program, state expands its own
Illinois Quick Hits: Justice Department moves against Evanston reparations program
