Johnson’s proposed 2027 budget would impose a $25 monthly tax per employee on companies with more than 125 workers. The measure is expected to generate approximately $100 million annually as part of the mayor’s $17.6 billion spending plan. #chicago #mayor #business #williewilson #election
As energy experts continue warning about the future needs of our electric grid, Illinois leaders have a responsibility to focus on policies that strengthen long-term reliability and affordability. #energy
The $100,000-to-$500,000 opportunities outlined in the announcement are working-capital loans, not grants. Specific interest rates, repayment schedules and an overall funding total for the partnership were not provided in the announcement or interview. #sda #steansfamilyfoundation #southlanddevelopmentauthority
It cited limited access to capital, lengthy permitting processes and other bureaucratic barriers as obstacles that prevent businesses from surviving or expanding. #alexigiannoulias #chicago
State officials said the project reflects broader economic momentum, noting Illinois’ $1.2 trillion gross domestic product and improved business climate rankings in recent years. #laboratory #investments #ribboncutting
“It's extremely difficult to start and grow a new business in Illinois because everything that the Democrat majority does leads to higher costs, more regulation and more restriction,” Halbrook, R-Shelbyville, told The Center Square. #business