As a new state fiscal year begins Saturday, new laws and annual measures will go into effect, which might bump paychecks — and grocery and gas bills.
Minimum wage increases
- $15.80, a 40-cent increase for businesses with 21 employees or more
- $15, a 50-cent increase for businesses with four to 20 employees
- Between $9 and $9.48 for tipped workers depending on the size of the business
In suburban Cook County, the hourly wage will rise to $13.70 for workers and $8 for tipped workers.
Grocery tax suspension ends
Illinoisans will go back to paying the 1% sales tax at grocery stores after the state waived the tax last year amid record-high inflation. Officials had predicted the move would save taxpayers $400 million.
Motor fuel tax resumes
Last summer, Gov. JB Pritzker delayed the annual tax hike six months. The per-gallon tax went up 3.1 cents in January and will go up another 3.1 cents this weekend, Capitol News Illinois reported. Pritzker had predicted the pause would save consumers $70 million.
