SPRINGFIELD – A plan sponsored by State Senator Meg Loughran Cappel (D-Shorewood) that would improve financial preparedness among Illinois students passed both chambers of the General Assembly.
“The existing gap between students who feel prepared to do their own taxes or make investments and those who do not is glaring,” Loughran Cappel said. “Making sure students have the ability to learn real-life skills that are applicable in adulthood needs to be a priority.”
Senate Bill 1830 would allow either one year, or a semester, of a financial literacy course to count toward the social studies requirement to graduate high school.
In a study conducted by USA TODAY, of those who attended college, only 41% said they received enough information in college to build good financial habits and 30% said their high school education did so. When asked what they wish they had learned more about in school, financial topics were at the top of the list.
“It’s clear that we need to do more to provide our kids with incentives to take classes that can pay dividends for the rest of their adult lives,” Loughran Cappel said. “Passing legislation like this is simply one way to accomplish that and I look forward to seeking additional ways to help our kids grow.”
The legislation now awaits the governor's approval.
SHOREWOOD – Legislation that would end the practice of burdening family members of deceased utility customers with early termination fees unanimously passed the Senate Wednesday.
State Senator Meg Loughran Cappel (D-Shorewood) is the lead Senate sponsor of the measure.
“Grieving families have enough on their plate without having to worry about being saddled with wrongful utility fees,” Loughran Cappel said. “Ending the practice of charging next of kin in the event of an untimely death is a simple solution that I am proud to support.”
House Bill 122 would end early termination fees for utility customers who die before the end of a contract.
This concern was raised by a constituent of House sponsor Rep. Dan Didech following publication of a news article which profiled a California family facing an early termination fee after a family member had died. Similar action has already been taken to prevent this sort of situation in the state of New York.
“It is encouraging to see similar measures being taken to close this loophole in other states,” Loughran Cappel said. “Enacting this legislation sends a signal that Illinois is leading by taking a proactive approach to consumer protection.”
This legislation now awaits the governor’s approval.
SHOREWOOD – Additional improvements to local roads and bridges are set to commence in 2022 thanks to the bipartisan Rebuild Illinois program, State Senator Meg Loughran Cappel announced.
The plan, passed in 2019, will provide residents with faster commutes, safer intersections, and fewer potholes.
“The Rebuild Illinois plan is a symbol of the things that can be accomplished by a government that works together,” Loughran Cappel said. “Only good can come of prioritizing public safety and good paying jobs.”
2022 will see the commencement of six projects totaling $49,252,000 across the 49th District. Projects include:
These projects are a part of IDOT’s Multi-Year Plan, which outlines $20.7 billion in statewide construction projects for the next six fiscal years through Rebuild Illinois. Of that total, $3.32 billion will be invested in statewide projects that begin in 2022, spurring the state’s COVID-19 recovery effort.
“As we enter our post-COVID future, job creation must be a priority,” Loughran Cappel said. “Thanks to this program, people have the opportunity to seek out a good job that can sustain them and their families for the foreseeable future.”
For a complete list of upcoming projects in the 49th District, visit IDOT’s website.
SHOREWOOD – Legislation that would end the practice of burdening family members of deceased utility customers with early termination fees unanimously passed the Senate Commerce Committee Thursday.
State Senator Meg Loughran Cappel (D-Shorewood) is the lead sponsor of the measure.
“As most of us unfortunately know, losing a loved one is emotionally and financially taxing,” Loughran Cappel said. “People in this circumstance have suffered enough and should not be shouldered with additional costs following a loss.”
House Bill 122 would end early termination fees for utility customers who died before the end of a contract.
“This is a simple way we can continue to look out for the best interests of consumers in Illinois,” Loughran Cappel said.
This legislation will now be considered before the full Senate.
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