Insight
A new vape tax is going into effect.
New Illinois laws, taxes starting July 1 include single use plastic restrictions, tipped minimum wage increase, vape tax
Summary
Illinois hosts and those looking to enter the market should take note of new laws and tax changes starting July 1, including restrictions on single-use plastics, an increase in the tipped minimum wage, and a new tax on vapes. This will impact operational costs and compliance. Stay informed to ensure your STR business remains compliant with local regulations.
Key takeaway