Sims: We are seeing tangible proof that responsible governance and steadfast stewardship yield positive results

SPRINGFIELD – Senate Majority Appropriations Leader Elgie R. Sims, Jr. was proud to lead a fiscally responsible spending plan that led the state to end Fiscal Year 2024 approximately $125 million, or .2%, above projected FY24 General Funds revenue estimates.

"Illinois reached new fiscal milestones and we are seeing tangible proof that responsible governance and steadfast stewardship yield positive results,” said Sims (D-Chicago). “Today's announcement underscores our commitment to restoring fiscal stability and rebuilding trust through transparency and prudent financial management."

The state closed out the fiscal year with a $4.67 billion General Funds cash balance, up from $3.85 billion at the end of the previous fiscal year. Of the $4.67 billion balance, $2.1 billion was in the Budget Stabilization Fund – also known as the Rainy Day Fund – and $1.74 billion was in the General Revenue Fund. 

Credit reporting agencies and investors monitor state cash reserves to assess Illinois’ financial position and gauge the state’s ability to weather potential economic downturns. Improved fiscal conditions led by Sims and Illinois Democrats have led to lower credit spreads and reduced cost of borrowing for Illinois taxpayers.

"As we celebrate nine credit rating upgrades, the elimination of bill backlogs, six consecutive balanced budgets, and achieving the highest ever General Funds balance, we affirm our commitment to disciplined fiscal management that prioritizes taxpayers and supports working families,” said Sims. “As the Senate Majority Appropriations Leader, I remain committed to doing the work necessary to ensure that Illinois continues to enact responsible budgets and remains on the path toward fiscal stability, investing in and uplifting marginalized people, helping business grow and thrive, making our communities safe, all while prioritizing our communities and people who need the most assistance.” 

Sims has made responsible fiscal management one of his top priorities and will continue to fight for responsible, balanced budgets in upcoming fiscal years.

Sims increases access to home-delivered meals for Medicare and Medicaid recipients

SPRINGFIELD – State Senator Elgie R. Sims, Jr. is alleviating financial burdens on organizations that help vulnerable populations to ensure access to essential nutrition services by exempting home-delivered meals from sales tax for Medicare and Medicaid recipients

"For many Medicare and Medicaid recipients, home-delivered meals are a lifeline – providing essential nutrition and support," said Sims (D-Chicago). "However, the added burden of sales tax can create financial strain for those already facing economic challenges. This law removes this barrier to access, ensuring that vulnerable individuals can receive the nourishment they need without additional financial burden."

Under Senate Bill 3476, home-delivered meals – like from Meals on Wheels – provided to Medicare and Medicaid recipients will be exempt from sales tax when payment is made by an intermediary, such as a Medicare Administrative Contractor, a Managed Care Organization, or a Medicare Advantage Organization, pursuant to government contract.

Home-delivered meals play a crucial role in supporting the health and well-being of seniors and individuals with disabilities, allowing them to remain independent and healthy in their own homes. By exempting these meals from sales tax, Sims’ law promotes equitable access to nutrition services and alleviate financial barriers for those most in need.

"Access to nutritious meals is fundamental to overall health and quality of life," said Sims. "By exempting home-delivered meals from sales tax for Medicare and Medicaid recipients, we can ensure that all Illinois residents have access to the support and resources they need to thrive."

Senate Bill 3476 was signed into law Monday and takes immediate effect.

Sims launches summer reading program

CHICAGO – To emphasize the importance of learning throughout the summer, State Senator Elgie R. Sims, Jr. is hosting a Summer Book Club to encourage students to read and continue their studies during the summer vacation.

“Becoming a stronger reader will benefit kids in school and in life for years to come,” said Sims (D-Chicago). “Keeping young minds active during summer break can help maintain critical literacy skills when school isn’t in session.”

The Summer Book Club requires students to read eight books of their choice during the summer break, record the names of the books on a form, and return the form to Sims’ office by Aug. 16. Every child who completes the Summer Book Club will receive a gift card and certificate from Sims.

To participate, people can download and print the form here. Parents can also call Sims’ office at 773-933-7715 to request a form by mail.

Sims urges interested residents to call his office with any additional questions.

Sims: FY 25 budget invests in our communities

CHICAGO – Majority Caucus Appropriations Leader Senator Elgie R. Sims, Jr. (D-Chicago) released the following statement after the governor signed the Fiscal Year 2025 budget into law: 

“The budget signed today builds upon our strong, smart spending decisions of recent years that have led Illinois to not just one credit upgrade – but nine. 

“I am proud of the steps we took to continue Illinois on the right path. We didn’t just look at fiscal outcomes, but prioritized our most vulnerable populations – educating our young people, keeping our communities safe, creating good jobs, and growing our economy. 

“Continuing our principled and disciplined approach will keep our fiscal house in order. I am committed to doing the work necessary to ensure that Illinois continues to enact responsible budgets and remains on the path toward fiscal stability, investing in and uplifting marginalized people, all while prioritizing our communities and people who need the most assistance.”