Illinois, Small Business Association

Illinois Small Business News

  • Illinois is Losing JobsIllinois is not only on the wrong track, but it’s looking more and more like we’re on a runaway train.

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  • 53 Illinois Lawmakers Earn NFIB Guardian of Small Business AwardsThe honor recognizes legislators who consistently support the state's small businesses.

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  • Illinois’ Budget Crisis Somehow Got WorseTRS vote means the state's pension payment is now $420 million more expensive.

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  • Could Illinois Become First State to Regulate Online Lenders?Soon-to-be-introduced measure could restrict access to loans small businesses need.

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  • 59 Legislative Candidates Earn Small Business EndorsementOur members support the candidates who support small business.

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  • Chicago Ranked No. 1–for High Sales TaxesCombined state and local rate of 10.25 percent sends customers shopping elsewhere.

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    Illinois Small Business Issues

  • Overtime Rule UpdateThe latest on the Department of Labor's new overtime rule; what it means for your business and how to join the fight to stop it.

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  • Challenges Facing NFIB/Illinois

    The 2015 legislative session is underway, and several issues are key to small business owners in Illinois:

    • Income tax: The massive 67% income tax increase passed in 2011 started to sunset Jan. 1, 2015.  Illinois continues to have a huge operating deficit along with massive pension debt and $6 billion in unpaid bills.  There could be efforts to try to raise the income tax again to address these revenue issues.  NFIB remains opposed to any attempt to raise the income tax.
    • Workers' compensation: Gov. Bruce Rauner has made reforming workers' compensation a top priority. NFIB/Illinois joins him working towards changing our causation standard so only those injuries that occurred in the workplace is compensable.
    • Minimum wage:  Once again, there are efforts to raise Illinois' minimum wage and NFIB opposes attempts to hike the wage to $11 an hour.  
    • Sales tax: There is a lot of discussion about instituting a sales tax on service and labor. Again, as revenue options are sought, the threat of a service is always great. NFIB is opposed to a service tax.
    • Paid sick leave: Legislation has been introduced to require all employers to provide seven days of paid sick leave, with no exemptions for business size, covering both full- and part-time workers. NFIB will fight these efforts.

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    Contact NFIB in Illinois

    Illinois

    ADDRESS:
    600 S. 2nd Street, Suite 101
    Springfield, IL
    62704

    PHONE:
    217-523-5471

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