Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
The car-sharing victory is real business friendliness. And that means Illinoisans – whether or not they ever rent their car through an app – have cause for a little celebration.
Senate lawmakers overrode Gov. Rauner’s veto of a lobbyist-backed bill aiming to sideswipe car-sharing startups with new taxes and regulations. The bill returns to the House.
With lobbyist backing, lawmakers passed a bill in May aimed at driving out competitors for rental car companies. Gov. Bruce Rauner rejected the bill, but lawmakers could revive it during veto session.
Nearly 600 bills are on their way to the governor, some of which would be encouraging changes to the status quo.
A series of occupational licensing reform bills making their way out of the General Assembly would help more Illinoisans enter the workforce.
Regulatory regimes in Illinois often discourage workforce participation without enhancing public welfare. One Senate bill, however, would require regulators to demonstrate the necessity of new rules before imposing them on workers.
The state agreed to the tax credits in exchange for Capital One hiring 210 new employees and retaining 900.