SPRINGFIELD, Ill. (CNI) — Two key negotiators on public transit reform in the Illinois House filed a bill Tuesday to raise up to $2 billion for public transit by taxing entertainment and the unrealized investment gains of billionaires.

Chicago area public transit agencies for months have argued that the new funding is necessary to avert a funding shortfall and service cuts.

But even as Chicago Democrats Kam Buckner and Eva-Dina Delgado indicated they believed the measure would pass in the House, it has a long way to go before making it to Gov. JB Pritzker for consideration. The Senate passed its own funding plan in May that included a controversial per-package delivery fee, but it went nowhere in the House.

The future of Senate Bill 2111 in the Senate is not clear, however. Delgado sa

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