THE STATE SENATE IS VOTING TO RAISE THE MINIMUM WAGE IN ILLINOIS.
THE BILL PHASES IN THE INCREASE…STARTING AT NINE-25 AN HOUR NEXT YEAR AND TOPPING OUT AT 15 DOLLARS AN HOUR IN 2025. SENATOR CHAPIN ROSE OF MAHOMET QUESTIONS HOW MUCH THIS WILL COST BUSINESSES, COLLEGES, SCHOOL DISTRICTS AND MORE.
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SUPPORTERS POINT OUT THERE IS A SMALL BUSINESS TAX CREDIT TO HELP OFFSET THE INCREASE. THE LEGISLATION NOW HEADS TO THE HOUSE FOR CONSIDERATION.
