Bill Text: IL SB0001 | 2019-2020 | 101st General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Illinois Income Tax Act and the Minimum Wage Law. Provides for an increase in the minimum wage and for a credit against withholding payments in relation to the increase. Increases the minimum wage to $9.25 per hour beginning January 1, 2020. Provides for annual increases in the minimum wage culminating in a minimum wage of $15 per hour beginning on January 1, 2025. Provides to employers with 50 or fewer full-time equivalent employees a credit against tax withheld beginning January 1, 2020. Reduces the credit beginning January 1, 2021. Provides employers may claim the credit amount in effect on January 1, 2025 until December 31, 2026 and that employers with no more than 5 employees may claim that credit until December 31, 2027. Authorizes the Department of Labor to perform random audits of employer to ascertain compliance with the Minimum Wage Law. Authorizes a penalty of $100 per employee for failure to maintain required records. Effective immediately.
Spectrum: Partisan Bill (Democrat 32-0)
Status: (Passed) 2019-02-19 - Public Act . . . . . . . . . 101-0001 [SB0001 Detail]
Download: Illinois-2019-SB0001-Introduced.html
Bill Title: Amends the Illinois Income Tax Act and the Minimum Wage Law. Provides for an increase in the minimum wage and for a credit against withholding payments in relation to the increase. Increases the minimum wage to $9.25 per hour beginning January 1, 2020. Provides for annual increases in the minimum wage culminating in a minimum wage of $15 per hour beginning on January 1, 2025. Provides to employers with 50 or fewer full-time equivalent employees a credit against tax withheld beginning January 1, 2020. Reduces the credit beginning January 1, 2021. Provides employers may claim the credit amount in effect on January 1, 2025 until December 31, 2026 and that employers with no more than 5 employees may claim that credit until December 31, 2027. Authorizes the Department of Labor to perform random audits of employer to ascertain compliance with the Minimum Wage Law. Authorizes a penalty of $100 per employee for failure to maintain required records. Effective immediately.
Spectrum: Partisan Bill (Democrat 32-0)
Status: (Passed) 2019-02-19 - Public Act . . . . . . . . . 101-0001 [SB0001 Detail]
Download: Illinois-2019-SB0001-Introduced.html
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| 1 | AN ACT concerning employment.
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| 2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
| 3 | represented in the General Assembly:
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| 4 | Section 5. The Minimum Wage Law is amended by changing | |||||||||||||||||||
| 5 | Section 1 as follows:
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| 6 | (820 ILCS 105/1) (from Ch. 48, par. 1001)
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| 7 | Sec. 1. This Act is known and
and may be cited as the | |||||||||||||||||||
| 8 | "Minimum Wage Law". | |||||||||||||||||||
| 9 | (Source: P.A. 77-1451.)
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