From Legacy to Liability: The Illinois Inheritance Squeeze
Illinois currently has a $4 million “death tax,” as many call it. What that means is that when an Illinois resident dies, his or her
September 4, 2025
No Comments
Illinois currently has a $4 million “death tax,” as many call it. What that means is that when an Illinois resident dies, his or her
Washington, D.C. – Congressman Darin LaHood (IL-16) voted to pass the One Big Beautiful Bill Act to deliver much-needed economic relief, secure our southern border, and bolster the United States’ national security.
“I had come across Rogan Corp. at the National Association of Music Merchants’ annual conference in 2023,” Finn said. “We were in the middle of testing our knobs, and I said ‘Well, we just really need to work with them.’”
SCHAUMBURG, IL – Small and Midsize manufacturers are crucial to the state of Illinois’ economy, but many owners say they’ve been overlooked when important state policy changes are being considered that directly affect their businesses.
SJR31 will “develop meaningful recommendations for addressing the needs of small and midsize manufacturers in Illinois,” and would give the General Assembly a list of legislative proposals “designed to improve and expand small and midsize manufacturers in Illinois.”
The measure is sponsored by State Sen. Dave Koehler (D-Peoria) and State Sen. Jason Plummer (R-Edwardsville).
“Small and midsize manufacturers deserve to have their voices heard because they are the ones dealing with these struggles on a daily basis,” said Senator Koehler. “This task force isn’t just going to be in name only, Senators from both sides of the aisle are going to use this as an opportunity to gain insight to help improve our manufacturing industry for working families.”
“SJR31 is a testament to what we can achieve when we work together across party lines,” said Senator Plummer. “Our small and midsize manufacturers are vital to Illinois’ economy, and this task force is a critical step toward ensuring they have the tools and resources they need to thrive and create good-paying jobs for our communities.”
TMA Lobbyist David Curtin agrees with the senators.
“Senate Leadership will be working with small and midsize manufacturers to review and promote legislative initiatives that we know would assist the industry if they became law in Illinois,” said Curtin.
“We expect that once we form the task force this summer, we will be able to present our findings to the General Assembly in time for next year’s session. We’re especially pleased that key lawmakers have committed to helping small and midsize manufacturers on this task force.”
After a vote in the Illinois Senate, the measure will face committee and floor votes in the Illinois House.
The current legislative session is scheduled to end May 31.
Press Release from Congressman Darin LaHood’s office, May 15, 2025 Washington, D.C. – Congressman Darin LaHood (IL-16) and Congresswoman Emilia Sykes (OH-13) reintroduced the Retreaded Tire
SCHAUMBURG, IL – Small and midsize manufacturers voiced their strong opposition this week to a bill under consideration in Springfield that would impose a 1.12% tax on employee paychecks to fund a state-run program to give employees up to 27 weeks of paid leave (up to 18 weeks of paid family or medical leave per year, plus up to 9 additional weeks for pregnancy).
SCHAUMBURG – Illinois is home to a sizeable number of small and midsize manufacturers – and an effort is underway to increase those numbers as
Published April 8, 2025 Oxnard, California – Haas Automation is in the process of studying the full impact of tariffs on our operations. In recent
SCHAUMBURG, IL – The Technology & Manufacturing Association (TMA) responded today to Governor JB Pritzker’s 2025 budget address, expressing concerns that small and midsize businesses will again bear the brunt of funding the state’s budget deficit:
