SPRINGFIELD – A bill was signed by Gov. JB Pritzker today that will gradually increase the minimum wage in Illinois to $15 an hour.

“Today's historic minimum wage success is thanks to a broad coalition of labor, business, advocates, members of the Illinois General Assembly and Governor Pritzker,"Villivalam (D-Chicago) said. "At long last working people will be provided with a sense of dignity, fairness and stability in everyday life while also allowing them to spend money on things they need, resulting in a boost to our local economies."

This legislation is the result of the hard work and collaboration of a wide range of stakeholders. Labor and business organizations such as Tom Balanoff, Greg Kelley, Diane Palmer and SEIU Healthcare, as well as Sam Toia and the Illinois Restaurant Association, were instrumental in putting 1.4 million Illinoisans on the path to a living wage. The new law also includes tax credits for small businesses.

Senate Bill 1 will be phased in over six years to provide businesses time to adapt to a new minimum wage in Illinois. SB 1 will raise the minimum wage to:
• $9.25 per hour from Jan. 1, 2020, to June 30, 2020
• $10 per hour from July 1, 2020, to Dec. 31, 2020
• $11 per hour from Jan. 1, 2021, to Dec. 31, 2021
• $12 per hour from Jan. 1, 2022, to Dec. 31, 2022
• $13 per hour from Jan. 1, 2023, to Dec. 31, 2023
• $14 per hour from Jan. 1, 2024, to Dec. 31, 2024
• $15 per hour on and after Jan. 1, 2025