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
- 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.