Illinois gas tax increase, new minimum wage and more: New Illinois laws in effect July 1 - NBC 5 Chicago
Summary
This article discusses new Illinois laws effective July 1, including a gas tax increase and a new minimum wage. Illinois hosts should be aware of these changes, as they could impact their expenses and potentially their pricing strategy.
Key Insights
- •A gas tax increase is going into effect in Illinois.
- •A new minimum wage is also going into effect in Illinois.
Action Items
- ✓Hosts in Illinois should review the new regulations to understand their impact on their costs and operations.Effort: lowImpact: medium
- ✓Hosts may need to adjust their pricing strategy to accommodate increased operating expenses.Effort: mediumImpact: medium
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