On Friday, December 12, Governor Pritzker signed Senate Bill 1911 into law, finalizing a major tax increase on Illinois businesses, manufacturers, and other job creators. The new law “decouples” Illinois from federal tax relief measures that were designed to help employers grow and compete, effectively raising taxes at a time when many businesses are already struggling to survive.
Critics warn that this new policy will make Illinois even less competitive compared to other states that are cutting taxes and attracting new investment. They note that Illinois already faces one of the highest unemployment rates in the nation and say this tax hike sends a clear message that the state is moving in the wrong direction.
State Senator Sue Rezin says the Governor’s decision prioritizes short-term revenue over long-term economic stability. She believes this so-called “decoupling” will raise costs, drive business opportunities out of the state, and make it harder for families to get ahead at a time when Illinois should be focused on growth and competitiveness.