Skip to content

LEGISLATIVE UPDATE: COVID-19 Delays Session but Doesn’t Stop Lawmakers from Filing Bills

LEGISLATIVE UPDATE: COVID-19 Delays Session but Doesn’t Stop Lawmakers from Filing Bills

February 2, 2021

LEGISLATIVE UPDATE: COVID-19 Delays Session but Doesn't Stop Lawmakers from Filing Bills

Neither the state House nor Senate is in session because of concerns over the coronavirus, but that hasn’t stopped legislators from filing bills. It’s still early in the 2021 regular session, but there already are several bills we’re watching closely:

Tax Hike Back in Discussion

During last month’s lame-duck session, NFIB helped defeat Governor Pritzker’s plan to decouple Illinois tax code from federal legislation allowing small businesses to fully deduct losses they have suffered because of the pandemic, but that doesn’t mean the issue has died. There is talk that Pritzker’s plan may return in the regular session. We also hear lawmakers may try to decouple from the federal tax forgiveness on PPP loans to businesses. NFIB continues to oppose any attempts to balance the state budget on the backs of small businesses.

Employer Poster Requirements

Please make sure your workplace has the required posters which can be obtained here.

Illinois Small Business Day

Mark your calendar for April 6, 2021, and plan to attend our first virtual Small Business Day at the Capitol. We can’t all gather in Springfield because of the pandemic, so we’ll meet online. Speakers will include NFIB President Brad Close. We’ll announce other speakers and more details closer to the event.

 

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

Women's haircut. Hairdresser, beauty salon
October 24, 2025
NFIB Warns Illinois Small Businesses About Tax on Services in t…
Illinois State Director Noah Finley penned an opinion piece about how small…
Read More
October 23, 2025
ICYMI: NFIB Talks About Small Business Resources in Illinois
NFIB hosted a webinar to discuss two Illinois small business resources: Fir…
Read More
State Capitol of Illinois in Springfield.
October 20, 2025
First Week of the Illinois Fall Veto Session Ends Without Much…
The first week of the Illinois veto session primarily consisted of closed-d…
Read More
Small Business Owner Calculates Taxes Finance Expensive Inventory Inflation Cost
October 16, 2025
Illinois SALT Workaround Provisions Set to Expire
Could impact S-CORPS and other small businesses in Illinois that file as pa…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility