A former state senator from Champaign, Michael Frerichs ran a campaign touting his accomplishments as state treasurer over two terms in office.
Republican state Rep. Tom Demmer, left, is challenging incumbent Democratic Illinois Treasurer Michael Frerichs.the race for Frerichs, defeating challengers Tom Demmer and Preston Nelson. With 94% of precincts reporting, Frerichs led with 54% of the vote to Demmer’s 43.8% and Nelson’s 2.2%.A former state senator from Champaign, Frerichs, 49, ran a campaign touting his accomplishments as state treasurer over two terms in office.
He said he returned more unclaimed property to residents, improved the state’s Bright Start college savings program and launched new investment programs.As a candidate for treasurer, Demmer, 36, promised to serve as a check on a state government that is dominated by Democrats. He also noted that as a state representative from Dixon, he was a budget point person for House Republicans in Springfield.GOP state Rep.
the treasurer made in 2020 when he said voter approval of a graduated income tax on the ballot that November could open the door to conversations about whether the wealthiest retirees should have some of their retirement income taxed., and Frerichs insisted he opposed any state tax on retirement income.
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