News & Analysis as of

Proposed Legislation State and Local Government Illinois

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/7)

Cozen O'Connor on

State ends fiscal year with record revenue - “Despite uncertainty over the economy and federal funding during the second half of fiscal year 2025, the year closed on June 30 with the state setting a new record for annual...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/2)

Cozen O'Connor on

Gov. JB Pritzker taps Christian Mitchell as lieutenant governor pick in campaign for third term - “Christian Mitchell, a former South Side state representative and deputy governor-turned-University of Chicago executive,...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/30)

Cozen O'Connor on

‘I have work to do,’ Pritzker says in launching third-term reelection bid -“Pritzker said his third term would focus on grappling with artificial intelligence, addressing the rising cost of living, continued spending on...more

Sheppard Mullin Richter & Hampton LLP

Illinois Delays Interchange Fee Ban by One Year

On June 1, the Illinois General Assembly passed a bill that, if enacted, will delay the effective date of the Interchange Fee Prohibition Act by one year, from July 1, 2025, to July 1, 2026. The law prohibits financial...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/9)

Cozen O'Connor on

Ethics legislation stalls in Springfield as Senate president tries ‘brazen’ move that would have helped his election case - “In the closing hours of the Illinois General Assembly’s spring session, Senate President Don Harmon...more

Orrick, Herrington & Sutcliffe LLP

Illinois amendment to delay the effective date of its Interchange Fee Prohibition Act passes both chambers

On May 31, the Illinois General Assembly passed legislation to defer the effective date of the Interchange Fee Prohibition Act by one year until July 1, 2026. As previously covered by InfoBytes, Illinois originally enacted...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/4)

Cozen O'Connor on

With electric prices going up, advocates tried — and failed — to reform the energy sector - “Heading into the end of the legislative session, consumer advocates, renewable energy industry groups and environmental advocates...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/2)

Cozen O'Connor on

Illinois Democrats pass budget in final minutes with sports betting tax hike- “Illinois lawmakers approved a $55.2 billion state budget package minutes ahead of a key constitutional deadline Saturday night, relying on tax...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (5/14)

Cozen O'Connor on

Pritzker budget team slashes state's revenue forecast by $536 million - “The governor’s budget office now expects about $500 million less in revenue for the coming fiscal year, which will make it more challenging for the...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (4/30)

Cozen O'Connor on

State legislators oppose Chicago mayor’s desire for more taxpayer dollars - “A number of Illinois legislators are making it clear that they oppose spending more state taxpayer dollars on Chicago unless city officials...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (4/21)

Cozen O'Connor on

Democratic state lawmakers start to move on promise to ‘be a check’ on Donald Trump - “With six weeks left in the spring legislative session, lawmakers have a range of measures before them that backers say are necessary to...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (4/2)

Cozen O'Connor on

Illinois AG Kwame Raoul warns legal community against ‘being complicit’ with Trump - “Hours after joining 22 other states in filing a lawsuit aimed at President Donald Trump’s cuts to health services, Illinois Attorney...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (3/31)

Cozen O'Connor on

Gov. Pritzker to embark on trade mission to Mexico - “Gov. JB Pritzker will lead a delegation of public and private business leaders on a three-day trade mission to Mexico, to strengthen the state’s relationship with the...more

FordHarrison

Is Illinois Trying to Bar the Use of E-Verify (Again)?

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Real World Impact: Based on a recent amendment to the Illinois Right to Privacy in the Workplace Act (the Act) sent to Governor JB Pritzker for signature on June 20, 2024, it would appear that the answer to this question...more

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