2024 Law Requires Nearly All Businesses to Share More Info on Ownership
Beneficial Ownership Information Report (BOIR).”
January 24, 2024
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Beneficial Ownership Information Report (BOIR).”
CHICAGO – In early January, the Technology & Manufacturing Association joined other community watchdog groups urging Chicago Mayor Brandon Johnson to consider hearing representatives of the Chicago business community’s concerns as the City tackles its growing pension crisis.
As we enter an impactful election season, it is vital that we educate our teams about the issues and races that will significantly impact your company and your employees.
Fifty-two years ago, President Nixon went to China. The news
of his visit was shocking. The Washington Post wrote, “If Mr.
Nixon had revealed he was going to the moon, he could not
have flabbergasted his world audience more.”
With the start of a new year, Illinois employers face some new state laws.
Just over a month after passing the Chicago Paid Leave and Paid Sick Leave Ordinance (the Ordinance), which brought sweeping new paid leave and paid sick leave requirements to employers with Chicago employees, the city has amended the Ordinance to delay its effective date and limit the number of covered employees.
Washington, D.C. – Congressmen Darin LaHood (R-IL) and John Moolenaar (R-MI) have introduced the No Official Giveaways Of Taxpayers’ Income to Oppressive Nations (NO GOTION) Act. The bill would prohibit companies affiliated with the Chinese Communist Party (CCP) from receiving green energy production tax credits implemented by the Biden Administration in the Inflation Reduction Act (IRA).
SCHAUMBURG, IL – Nearly 75% of small and mid-sized manufacturers who responded to a recent survey say they oppose the new Chinese-owned Gotion Electric Vehicle battery plant in Manteno that received $536 million in Illinois tax credits and government subsidies to locate in Illinois.
SCHAUMBURG – More than 70% of Illinois small and midsized manufacturers anticipate a negative impact from a new state law, according to a survey of Technology & Manufacturing Association (TMA) members.
CHICAGO – Illinois’ Governor JB Pritzker proclaimed October 2023 as “Manufacturing Month” – honoring one of the state’s largest economic sectors, directly employing 9.5 percent of Illinois’ total workforce.
