Bill Title: Amends the Minimum Wage Law. Increases the minimum wage from $8.25 to $9.00 beginning July 1, 2015 and increases it by $0.50 each July 1 until July 1, 2019, at which point the minimum wage will be $11.00. Provides that the establishment of a minimum wage that employers must pay their employees is an exclusive power and function of the State and is a denial and limitation of the home rule powers and functions, except that the limitation on home rule powers does not apply to a specified ordinance adopted by the City Council of City of Chicago. Amends the Illinois Income Tax Act. Creates a credit against the withholding tax liability of employers with fewer than 50 employees, calculated based on the increase in the minimum wage. Effective immediately.
Spectrum: Partisan Bill (Democrat 14-0)
Status: (Engrossed - Dead) 2015-04-27 - Added as Co-Sponsor Sen. Don Harmon
[SB0011 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Engrossed | 2015-02-05 | HTML/Text | Link | View |
Introduced | 2015-01-15 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for Illinois SB0011 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
No supplemental documents for Illinois SB0011 currently on file. |
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