Illinois Comptroller Susana Mendoza announced this week that her office will not be deducting past due traffic and parking fines and costs from the tax returns of the poor and moderately income residents. The office of the comptroller has the power to collect past due traffic and parking fees from residents’ tax returns. Her office announced the following: “The Illinois Office of Comptroller will not be deducting any fines or fees from the tax returns of Illinois’ working poor this year…Low- and moderate-income taxpayers in Illinois, who qualify for the state-earned income tax credit will receive their entire tax refund this year.”
It must be pointed out that the $15 million that is past due is not being forgiven. Payment will instead be due next year. The office also pointed out that the grace period could be extended if there is not a significant economic recovery due to the pandemic. This is no doubt a huge relief for many Chicagoans and residents around the state of Illinois who have been hit hard economically the covid-19 pandemic. Hopefully this will provide many with some financial breathing room.