News

Tuesday, June 23, 2020
Business Interruption Grants Program Launched

The Illinois Department of Commerce and Economic Opportunity (DCEO) is launching the first round of Business Interruption Grants (BIG) by providing $60 million to businesses experiencing losses or business interruption…


Monday, June 22, 2020
Guidelines Released for Phase 4

All four regions of Illinois will move into Phase 4 of the Governor’s Restore Illinois Plan on Friday, June 26, 2020. Phase 4 guidelines were designed by the Department of…


Thursday, June 18, 2020
Reminder: Income Tax Filing and Payment Deadline Is July 15

The Illinois Department of Revenue (IDOR) is reminding taxpayers that state individual income tax returns and payments are due July 15, the same date set by the Internal Revenue Service…


Monday, June 15, 2020
Online Preregistration Available for Driver’s License/ID Card Renewals

The Illinois Secretary of State’s Office has launched an online driver’s license and ID card preregistration application program to reduce the processing time of transactions at Driver Services facilities. Visit cyberdriveillinois.com to…


Friday, June 12, 2020
Gov. Pritzker Signs Unbalanced FY21 State Budget

The FY21 budget and “Budget Implementation Act” spending bills were signed into law on Wednesday, June 10.  This clears the way for the documents to be used to operate the…


Thursday, June 11, 2020
Property Tax Relief Package in Response to COVID-19 Signed

The property tax relief language was contained in SB 685, which was supported by Rep. Weber, and passed the General Assembly during the May special session.  Responding to the cash-flow…


Tuesday, June 9, 2020
Standard & Poor’s: Illinois’ Budget “precariously balanced”

The negative review from one of the world’s largest fiscal-monitoring firms served as a continued signal that that the credit rating of the State of Illinois is hovering close to…


Thursday, June 4, 2020
Governor Signs ‘Cocktails to Go’ Bill Sponsored by Rep. Weber

Among the legislative victories of the special session was the overwhelming support of legislation to allow bars and restaurants to sell pre-made cocktails for pick-up or delivery as part of…


Wednesday, June 3, 2020
Vehicle Emissions Testing Resumes

Emissions testing resumed June 1 at most Illinois Air Team testing locations. Vehicle registration expiration dates have been extended without penalty for at least 90 days. In order to manage traffic…


Tuesday, June 2, 2020
SBDC Receives $7.3 Million to Help Illinois Small Biz

Last week the Illinois Department of Commerce and Economic Opportunity (DCEO) announced a new $7.3 million investment from the U.S. Small Business Administration (SBA) for the Illinois Small Business Development…