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| | SB2770 Engrossed | | LRB103 36528 SPS 66634 b |
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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 Illinois Freedom to Work Act is amended by |
5 | | changing Section 10 as follows:
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6 | | (820 ILCS 90/10) |
7 | | Sec. 10. Prohibiting covenants not to compete and |
8 | | covenants not to solicit. |
9 | | (a) No employer shall enter into a covenant not to compete |
10 | | with any employee unless the employee's actual or expected |
11 | | annualized rate of earnings exceeds $75,000 per year. This |
12 | | amount shall increase to $80,000 per year beginning on January |
13 | | 1, 2027, $85,000 per year beginning on January 1, 2032, and |
14 | | $90,000 per year beginning on January 1, 2037. A covenant not |
15 | | to compete entered into in violation of this subsection is |
16 | | void and unenforceable. |
17 | | (b) No employer shall enter into a covenant not to solicit |
18 | | with any employee unless the employee's actual or expected |
19 | | annualized rate of earnings exceeds $45,000 per year. This |
20 | | amount shall increase to $47,500 per year beginning on January |
21 | | 1, 2027, $50,000 per year beginning on January 1, 2032, and |
22 | | $52,500 per year beginning on January 1, 2037. A covenant not |
23 | | to solicit entered into in violation of this subsection is |