Rob Karr

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Illinois swipe fee

Capitol News Illinois

Illinois swipe fee law survives first legal challenge

CHICAGO (Capitol News Illinois) — A first-in-the-nation law that would prohibit banks and credit card companies from charging swipe fees on tips and taxes survived a major hurdle in court Tuesday, but opponents vow it will not be the last challenge. Financial institutions, including the Illinois Bankers Association and Illinois Credit Union League, filed a lawsuit against the Interchange Fee Prohibition Act in late 2024, arguing it would create an overly complex and burdensome payments system for debit and credit card purchases. […]

todayFebruary 11, 2026 105 3

Business & Lifestyle

Illinois businesses prepare another minimum wage increase

SPRINGFIELD (The Center Square) – With the new year, Illinois will see another minimum wage hike on Jan. 1. The state’s minimum wage goes up to $11 for hourly workers. Tip-earning workers will also earn $6.60 hourly, with youth workers getting a bump up to $8.50 hourly. Gov. J.B. Pritzker signed legislation into law in 2019 that provides a path to a $15 minimum wage by 2025. Administration officials state the extra money will pump up the economy after workers […]

todayDecember 30, 2020 99

Capital Area Region

Pritzker to require businesses to enforce mask rules or face fines up to $2,500 after Democrats let rule stick

SPRINGFIELD (The Center Square) – For the next five months, Illinois business owners and their employees are required to tell customers to wear a mask or they could face fines of up to $2,500. Despite Republicans who wanted to suspend the rule because they said it could still criminalize business owners, Gov. J.B. Pritzker’s fines for businesses that don’t comply with mask and social distancing requirements amid COVID-19 concerns survived a rule committee. After an hour behind closed doors, the […]

todayAugust 12, 2020 14

Illinois

Illinois businesses buckle down amid growing coronavirus concerns

SPRINGFIELD (The Center Square) — As fears over the spread of the coronavirus grow, Illinois’ retail and service sectors are preparing for already thin profit margins getting thinner. Chicago Mayor Lori Lightfoot announced Wednesday the cancellation of the city's St. Patrick’s Day parades, turning away what Gov. J.B. Pritzker said brought more than a million people to the city. “We don’t take it lightly,” Lightfoot said. “Nonetheless, we concluded that holding a parade at this time posed an unnecessary risk to […]

todayMarch 12, 2020 58

Business & Lifestyle

Back-to-school sales tax holiday unlikely in Illinois

SPRINGFIELD (The Center Square) -- Illinois is unlikely to join the list of states that offer a “back-to-school” sales tax holiday. Sales tax holidays are periods when specific goods are exempted from state, and sometimes local, sales taxes. Many states schedule the events for August when “back-to-school” shopping largely takes place. Illinois held a one-time sales tax holiday back in 2010, but Rob Karr, president of the Illinois Retail Merchants Association, said it didn’t provide the boost some expected. “It […]

todayAugust 5, 2019 20

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