New Federal Law Impacts Up To 900,000 IL Businesses

February 09, 2024 A new federal law that took effect on January 1, 2024, impacts many Illinois business owners and companies by requiring them to report Beneficial Ownership Information (BOI) to the federal government. The Corporate Transparency Act (CTA) aims to root out corruption and illicit activities. It will affect up to 900,000 small businesses, […]

Equal Pay & Benefits HB3641 Starting 4.1.24

HB3641 was signed by the governor and it impacts the portion of the law discussed in the presentation regarding the “equal pay and benefits” sections. HB3641 pushed out the start date of the 90-day “clock” that starts ticking when you bring on an applicable temporary worker, with regards to paying that person equivalent pay and […]

Final Rule On Independent Contractor Status In Effect 3.11.24

The US Department of Labor (DOL) just issued a final rule indicating when a business has an “independent contractor” situation vs. an “employee” situation. This new rule is effective as of March 11, 2024.   Notably, the rule indicates that IRS tax status for an individual may be different than the independent contractor/employee classification of a person under […]

May 2023: Bills We Are Watching

BUSINESS-RELEVANT BILLS PASSED BY BOTH HOUSES As of May 22 – Business-relevant bills that have PASSED both houses and are heading to the Governor’s desk: HB 2086 (Stava-Murray/Edly-Allen) is an initiative of the Illinois Environmental Council. As amended, the bill creates health standards for individuals wishing to bring their own to-go containers to retailers and restaurants […]

May 2023 Updates

The House concurred unanimously with Senate Amendment # 1 to HB 559 (Morgan/Glowiak Hilton) which creates the Health Care Workforce Reinforcement Act to codify and clean up the Governor’s COVID-19 Executive Orders regarding healthcare and the healthcare workforce.  Governor Pritzker signed the bill into law on Thursday, April 27.  Concerns out-of-state temporary healthcare worker licenses, clarifies some […]