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Illinois Law

All articles tagged with #illinois law

Federal preemption blocks Illinois swipe-fee ban, reshaping banking rules
business29 days ago

Federal preemption blocks Illinois swipe-fee ban, reshaping banking rules

The Office of the Comptroller of the Currency issued a federal order preempting Illinois’ 2024 ban on credit-card interchange fees on the tax and tip portions of transactions, a move that benefits national banks but could burden state-chartered banks; Illinois lawmakers and Gov. Pritzker are weighing delays or repeal as litigation continues, with oral arguments set for May 13, as retailers back the ban and banks warn of potential disruption.

via Chicago Tribune|
#business#illinois-law#interchange-fees
Supreme Court to Review Key Mail-In Ballot and Election Laws Cases
law1 year ago

Supreme Court to Review Key Mail-In Ballot and Election Laws Cases

The Supreme Court will consider a challenge to Illinois law that allows mail-in ballots received up to two weeks after Election Day to be counted, in a case brought by Rep. Mike Bost. The case questions whether such ballots should be included in official results, amid broader debates over mail-in voting practices and election security. The Court's decision is expected by June 2026, but it is uncertain whether they will rule on the merits or just on procedural standing issues.

via Politico|
#election-day#illinois-law#law
Illinois law protects child influencers' earnings with mandatory savings
business2 years ago

Illinois law protects child influencers' earnings with mandatory savings

Illinois has become the first state in the US to pass a law ensuring that child social media influencers are compensated for their work. The law, which will go into effect on July 1, 2024, requires parents to set aside a percentage of earnings for child influencers featured in monetized online platforms. Child influencers will be entitled to a share of earnings based on their appearances in content generating at least 10 cents per view. The law aims to protect children from exploitation and requires vloggers to maintain records and set aside earnings in a trust account for the child until they turn 18. Other states may consider similar legislation, especially those with a high volume of family vloggers and social media influencers.

via The Associated Press|
#business#child-influencers#child-labor