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Judge’s Statement Supports Merchants in Swipe Fee Case
Back to Blog Dismisses card companies’ argument that the merchants lacked standing as direct purchasers of card services By Greg Lindenberg on Jun. 14, 2024 Visa Inc. and Mastercard Inc. have lost a bid to stop litigation brought by merchants accusing the…
Read MoreSome question why video gambling tax increase should benefit Chicago
Back to Blog By Kevin Bessler |Â The Center Square Jun 4, 2024 (The Center Square) –Â Video gambling is a huge cash cow for the state of Illinois and Democratic lawmakers want a bigger slice of the pie for Chicago. A…
Read MoreIllinois set to cut its grocery tax
Back to Blog The 1% tax that is distributed to municipalities would be discontinued beginning in 2026 Timothy Inklebarger | May 28, 2024 The state of Illinois is poised to eliminate its 1% tax on groceries. The State Senate approved a $53.1…
Read MoreIllinois Swipe Fees Will No Longer Apply to Taxes, Tips
Back to Blog Interchange Fee Prohibition Act marks a notable victory for retailers seeking relief from swipe fees, NACS saysBy Rachel Gignac on May 31, 2024 Swipe fees will be prohibited on sales tax, state excise taxes and gratuities in Illinois, according to…
Read MoreILLINOIS RETAILERS TAXED $186M BY CAPPING SALES TAX CREDIT
Back to Blog A cap on the retailers’ sales tax credit will effectively hikes taxes on Illinois retailers by $186 million. Retailers are already facing razor-thin margins, but the record $53.1 billion state budget required $1.1 billion in new taxes.…
Read MoreLegislation to end subminimum wage for tipped workers stalls, but advocates plan to keep pushing
Back to Blog Legislation to eliminate the subminimum wage for tipped workers statewide appears unlikely to pass before lawmakers adjourn this week, but the coalition pushing the measure vowed Tuesday to continue efforts to bring the rest of Illinois in…
Read MoreIllinois legislature approves measure to amend state biometric privacy law
Back to Blog The Illinois House passed legislation aimed at reining in the potential for runaway damages under the state’s biometric privacy law Thursday, more than a year after the Illinois Supreme Court suggested the legislature revisit the law. Illinois’…
Read MoreUnderage Compliance Checks
Back to Blog Periodically, the Illinois Liquor Control Commission (ILCC) conducts “Underage” compliance checks around the state using undercover (ILCC) agents and local law enforcement officials and volunteers from high schools and colleges. The teams randomly visit liquor stores, restaurants…
Read MoreIllinois legislature approves measure to amend state biometric privacy law
Back to Blog The Illinois House passed legislation aimed at reining in the potential for runaway damages under the state’s biometric privacy law Thursday, more than a year after the Illinois Supreme Court suggested the legislature revisit the law. Illinois’…
Read MoreIndustry Groups React to Proposed Debit Swipe Fee Changes
Back to Blog Multiple retailer associations view potential revisions by the Federal Reserve as a first step, not a complete solution. Source: https://csnews.com/ May 15, 2024 Multiple retail industry groups told the Federal Reserve that its proposed changes to debit…
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