Full Text of HR0331 102nd General Assembly
HR0331 102ND GENERAL ASSEMBLY |
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| 1 | | HOUSE RESOLUTION
| 2 | | WHEREAS, The natural gas, oil, and fuels industries | 3 | | contribute significantly to jobs in Illinois communities and | 4 | | to state-of-the-art emissions reductions technologies; and
| 5 | | WHEREAS, The natural gas, oil, and fuels industries | 6 | | support nearly 11 million jobs across the country, power the | 7 | | nation's economy, and generate billions in revenue for the | 8 | | federal government and state governments in rent, royalties, | 9 | | and corporate and income tax payments, including $14 billion | 10 | | for state treasuries through severance taxes in 2019 alone; | 11 | | and
| 12 | | WHEREAS, The natural gas, oil, and fuels industries | 13 | | support more than 243,600 jobs in Illinois, which account for | 14 | | more than $14.9 billion in income; and
| 15 | | WHEREAS, The natural gas, oil, and fuels industries | 16 | | contribute $33.3 billion to the economy of Illinois; and
| 17 | | WHEREAS, The natural gas, oil, and fuels industries | 18 | | contributed $93.4 billion in revenues directly to support the | 19 | | areas where the oil is produced in 11 years, and Illinois | 20 | | relied on those payments to fund schools, infrastructure, and | 21 | | other critical social services; and
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| 1 | | WHEREAS, Direct industry jobs pay seven times the federal | 2 | | minimum wage and 70 percent higher than the national average; | 3 | | and
| 4 | | WHEREAS, Every direct job in the natural gas, oil, and | 5 | | fuels industries support an additional 2.7 jobs in affiliated | 6 | | industries, including lodging and restaurants within proximity | 7 | | of these industries' operations; and
| 8 | | WHEREAS, The investments made by the natural gas, oil, and | 9 | | fuels industries have led to a 15 percent decrease in | 10 | | household energy costs in this country over the last decade, | 11 | | while costs for food, education, and healthcare have | 12 | | skyrocketed; and
| 13 | | WHEREAS, Those cheaper energy costs are crucial to working | 14 | | families in our communities and across the country; and
| 15 | | WHEREAS, The natural gas, oil, and fuels industries should | 16 | | not be prevented from recovering costs that other industries | 17 | | are eligible to recover simply because they operate in a | 18 | | different economic sector; and
| 19 | | WHEREAS, The U.S. tax code allows industries across the | 20 | | manufacturing sector to recover costs related to job creation |
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| 1 | | and other operational investments; and
| 2 | | WHEREAS, These common tax mechanisms allow these | 3 | | industries to create jobs, invest in our communities, deliver | 4 | | the energy that working families rely on every day, and fund | 5 | | critical education, infrastructure, and social service | 6 | | programs; therefore, be it
| 7 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE | 8 | | HUNDRED SECOND GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that | 9 | | we oppose singling out the natural gas, oil, and fuels | 10 | | industries by disproportionately increasing the tax burden on | 11 | | them and on the constituents from the districts we represent; | 12 | | and be it further
| 13 | | RESOLVED, That copies of this resolution be delivered to | 14 | | all members of President Biden's Cabinet and all members of | 15 | | the Capitol Press Corps.
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