New year, new laws! In our 2025 annual legislative digest for Illinois’ small business community, we highlight seven new developments. Please note: This post covers only some of the new legislation taking effect this year and, while these laws certainly affect small businesses, there may be others as well. These laws make the following changes: The FTC’s battle [...]
**Please note that as of December 03, 2024, a Texas federal court issued a preliminary injunction blocking the enforcement of the CTA (Corporate Transparency Act), which requires the filing of the Beneficial Ownership Information Report. FinCEN, the agency charged with enforcement of the CTA, has posted the following on its website: “In light of a recent federal court [...]
Several laws take effect in Chicago starting on July 1st, 2024. Hiring parties will be required to provide more paid leave and sick leave to their workers. The city's minimum wage in 2024 will increase. The tipped minimum wage will begin to be phased out. State and federal governments usually write laws to take effect on January 1st, [...]
New Paid Leave Laws for Illinois Employees Three new major paid leave laws will go into effect in Illinois in 2024. The Paid Leave for All Workers Act applies to any employer with an employee in the state. Cook County’s paid leave ordinance applies to any employer with an employee in Cook County. Chicago’s paid leave ordinance applies [...]
The Paid Leave for All Workers Act Illinois’s new paid leave law, PLAWA, affects every employer with an employee in the state and goes into effect January 1, 2024. PLAWA allows employees to accrue up to one week a year of paid leave. This paid leave must be able to be used for any reason. More generous municipal [...]
