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Capitol Briefs: Federal agency opposes new state law; Pritzker to lead trade mission to Japan | Capitol News Illinois

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Capitol Briefs: Federal agency opposes new state law; Pritzker to lead trade mission to Japan | Capitol News Illinois


The Biden administration is asking a federal judge to halt Illinois’ first-in-the-nation law curtailing credit card “interchange fees” before it goes into effect next summer.

When fully implemented in July 2025, the law will curtail banks’ ability to charge those fees on the tax and tip portion of debit and credit card transactions.

After a coalition of financial institutions sued over the law in federal court this summer, federal officials this week sided with the banks. The Office of the Comptroller of the Currency – an independent bureau within the U.S. Department of Treasury – wrote in a legal brief that Illinois’ law is both “bad policy” and in conflict with federal law.

The filing, published Wednesday, frames interchange fees as a “core feature of an intricately designed nationwide payments system.”

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“The Illinois Interchange Fee Prohibition Act is an ill-conceived, highly unusual, and largely unworkable state law that threatens to fragment and disrupt this efficient and effective system,” the brief said. “Although the IFPA’s requirements are vague and ambiguous in many respects, this much is clear: the IFPA prevents or significantly interferes with federally-authorized banking powers that are fundamental to safe and sound banking and disrupts core functionalities that drive the Nation’s economy.”

The law, which Gov. JB Pritzker and Democrats in the General Assembly approved as part of the state’s budget process earlier this year, was a concession to the Illinois Retail Merchants Association. Retailers had been opposed to the governor’s proposed cap on a tax deduction historically granted to them for collecting the state sales tax.

IRMA leaders defended the law last week, while Pritzker on Thursday said the Biden administration’s filing was “not something that I’m deeply concerned about.”

“When things get brought to court, you never know how they’ll turn out,” he said at an unrelated event. “I think this one is one that can be defended well and we’ll end up with the law we have on the books being affirmed.”

 

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Pritzker’s Japan trade mission

Pritzker is also set to join state legislative and business leaders on a trade mission to Japan next week to explore clean energy, manufacturing, life sciences, quantum, and other “key growth industries,” according to the governor’s office.

Members of the delegation will meet with their counterparts in Tokyo to discuss strengthening economic ties between the state and the island nation.

The delegation represents what the governor’s office calls “Team Illinois” – a group of government and business officials that work to secure business and economic development partnerships. While it started informally, it’s now a key element of the Pritzker administration’s five-year plan for attracting businesses to the state.

In total, about four dozen lawmakers, economic development officials, academics and businesspeople will join the governor on the trip. Among them are House Speaker Emanuel “Chris” Welch, D-Hillside, and Senate President Don Harmon, D-Oak Park.

Christy George, the CEO of Intersect Illinois, is also joining the delegation. Intersect Illinois is the private economic development organization started by then-Gov. Bruce Rauner that has since become a go-between for businesses looking to relocate to Illinois and state government. It works on marketing and site selection in partnership with the state’s Department of Commerce and Economic Opportunity.

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George stepped into the role in mid-September after working as the executive director of the Democratic National Convention’s 2024 Host Committee. Prior to that, George worked in Pritzker’s administration as an assistant deputy governor and as the executive director of the Illinois Commerce Commission.

Others heading to Japan include representatives of PsiQuantum and TCCI, both of which have received multimillion-dollar tax incentives from DCEO since last summer. The heads of the state’s major utilities, representatives from the University of Illinois and University of Chicago, and heads of several business-related lobbying organizations are also set to join the delegation.

The Pritzker administration has led similar trade missions to the United Kingdom and Canada in recent years. The governor’s first trade mission, in 2019, was also in Japan.

Since then, Illinois exports to Japan have increased 31.7% while imports from Japan have fallen 22.4%, according to the governor’s office.

 

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Capitol News Illinois is a nonprofit, nonpartisan news service that distributes state government coverage to hundreds of news outlets statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation.



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Illinois

Legendary astronaut honored with new 'Captain James Lovell Day' in Illinois

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Legendary astronaut honored with new 'Captain James Lovell Day' in Illinois


CHICAGO (WLS) — One of the world’s most legendary explorers, James Lovell, spoke with ABC7 on Saturday about the honor of December 21 being named Captain James Lovell Day in Illinois.

The honor has been a long time coming for the 96-year-old, who is now being recognized for his incredible contribution because of the efforts of two Illinois state senators.

ABC7 Chicago is now streaming 24/7. Click here to watch

Lovell began his career in aviation as a navy pilot before being chosen by NASA in 1962.

As an astronaut, Lovell had several missions that make up the fabric of historic firsts.

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He was a part of the Gemini 12 mission, which was the first rendezvous of the two-manned maneuverable spacecraft, as well as his favorite mission, Apollo 8, where he and his fellow crewmen became the first humans to leave earth’s gravitational pull and orbit the moon.

But Lovell is best remembered as commander of the Apollo 13 mission, where an oxygen tank exploded two days after the launch, depleting oxygen and power inside the command module odyssey.

The mishap sparked a rush to rescue the crew stranded more than 200,000 miles from home and the remarks of Lovell were made famous in the 1995 “Apollo 13” movie starring Tom Hanks.

Lovell’s heroics were celebrated as the trio returned safely to earth.

Now, Lovell resides quietly in Chicago’s north suburbs, remembering his career as an explorer.

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And while he managed to accomplish so much, he wishes he could have gone to Mars.

Artifacts from his many travels are housed at the Adler Planetarium, as are his many dreams of future space exploration as he continues to look to the stars.

Copyright © 2024 WLS-TV. All Rights Reserved.



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Hackers access personal information of Illinois Department of Human Services customers, employees

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Hackers access personal information of Illinois Department of Human Services customers, employees


Customers of the Illinois Department of Public Health may have had personal information exposed in a hack of an employee’s email.

IDHS said it experienced a “privacy breach” through a phishing campaign that was sent to employee emails April 25.

Hackers gained access to files that included Social Security numbers of 4,701 customers and three employees, IDHS said. Hackers also accessed public assistance information for more than 1.1 million customers.

That information included name, public assistance account number, some combination of address, date of birth, Illinois State Board of Education Student Information System ID number, Recipient Identification Number and cellphone number.

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IDHS said it worked with the Illinois Department of Innovation and Technology to investigate the extent of the breach and to determine which individuals were included.

Written notices were sent to all customers and employees whose information was accessed.





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Illinois adds new requirements to job posting

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Illinois adds new requirements to job posting


(WIFR) – Almost 300 new laws ring in the new year including one that affects the way employers post open positions.

The Illinois Equal Pay Act, enacted in 2003, adds several amendments starting January 1st, 2025. Among these are laws that strengthen pay transparency and promotion posting requirements.

Businesses with 15 or more employees must include the salary range and a general description of the benefits and other compensation for open positions posted on job sites.

Additionally, employers must announce all promotion opportunities to all current employees no later than 14 days after posting externally.

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Dave Vella, 68th District State Representative, hopes to put more money into residents with these amendments. He says this is an opportunity to empower the Illinois worker.

“As we saw from the last election, there’s a lot of discontented people who want the economy to change,” Vella says. “This is a way to change the economy is to get people paid better. Which is, I think is a good thing overall, for all of us.”

But 90th District State Representative John Cabello disagrees. He believes Illinois is acting as a nanny state and these changes will do little to nothing to boost the economy. Cabello adds that the beauty of our country exists in the free market that keeps the government out of personal business.

“If you can get the better-paying job, you’re probably going to go do that. And if you are one company that’s not paying the same amount, you’re probably going, “Why am I not getting better employees or more talented people?” Well, that’s probably because you need to raise your pay,” Cabello says.

On the other hand, Vella believes this is a step towards leveling the playing field between worker and employer. Besides worker empowerment, he says these amendments decrease gender and racial disparities.

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“Women ask for less money for their job than men do. If we say how much the low end and the high end is, it will, I think give women more of a prompt to ask for more money so that there’s a pay equity,” Vella says.

You can check out the full amended Illinois Equal Pay Act here.



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