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The upgraded pay would mean those receiving the state tipped wage of $8.40 would earn the state minimum wage of $15 starting Jan. 1, 2025.
(The Center Square) – About a dozen new Illinois laws set to take effect Jan. 1 impact employers. House Bill 5561 prohibits employers from taking retaliatory action against an employee who ...
Illinois’ minimum wage is rising from $14 per hour to $15 on Jan 1, the final increase in a series of annual increases from a law Gov. J.B. Pritzker signed in February of 2019. ... minimum-wage ...
On February 19, 2019, Pritzker signed into law a bill that raises the state minimum wage to $15 an hour by 2025, making Illinois the fifth state in the nation and first state in the Midwest to do so. [ 140 ] [ 141 ] The bill includes a tax credit for small businesses to help them deal with higher costs of labor and maintains the ability of ...
Cook County: $14.05 since July 1, 2024 eventually aligning with Illinois' statewide $15 minimum wage by 2025. The base wage for tipped employees is $8.40 since January 1, 2025. [233] However, a large number of municipalities located within Cook County have opted-out of the county-level minimum wage ordinance. [234] Indiana: $7.25 [235] $2.13 ...
[34] [35] The Illinois legislature proposed a new set of income tax rates in Senate Bill 687, which was enacted shortly after the constitutional amendment was approved to be placed on the ballot. This legislation would have taken effect on January 1, 2021, if voters had approved the constitutional amendment in the November 2020 election.
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A state's minimum wage is the lowest legal hourly rate that an employer can pay full-time or part-time employees. What Is the Minimum Wage in Illinois? The current minimum wage in Illinois is $12 ...