Rep Amy Elik Outlines FY 26 Illinois Budget and Tax Concerns
SPRINGFIELD — Rep. Amy Elik addressed members of the North Alton-Godfrey Business Association this week, providing an overview of recent legislative developments in Illinois, including the passage of the FY 26 state budget, drug affordability efforts, and her own legislative initiatives. Elik said the FY 26 state budget, the Build Illinois Multi-Year Plan (BIMP), and the accompanying revenue package were passed just before the May 31 deadline after what she described as “Democrats conspired behind closed doors to raise taxes to pay for pork projects, raise their own pay, and fund services for illegal immigrants.” A significant portion of Elik’s remarks focused on the Prescription Drug Affordability Act (HB1697), which passed both the House and Senate. The legislation aims to lower drug costs by regulating pharmacy benefit managers (PBMs), who are often accused of inflating drug prices. Elik described the act as “extremely complex, complicated, and
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