Yet when Biss’ bill came to a vote in the House and Senate last week, it received only one Republican vote. Only … one. “I’m proud of my vote,” state Rep. David McSweeney, R-Barrington Hills, tells us. “I came...
What’s called the Illinois Secure Choice Savings Program, the first of its kind in the nation, passed the House Tuesday. The Senate, which first passed the measure in April, voted Wednesday to adopt several House amendments. Read More
The Illinois Secure Choice Saving Program, now awaiting the signature of Gov. Pat Quinn, would require employers to withhold 3 percent from each employee’s paycheck. The money would go into an IRA for each employee. The employers wouldn’t have...
Passed by Congress in 2007, the MLA was designed to ensure that military service members and their families have access to safe and affordable small dollar loans and credit. It set a 36 percent annual percentage rate cap on...
We expanded retirement security for millions of Illinois workers. With allies including the Illinois Asset Building Group (IABG) and strong champions in Sen. Daniel Biss and Rep. Barbara Flynn Currie, and after many years of effort, we passed the...
141205 MLA Proposed Rule Comments_final.pdfThe Military Lending Act (MLA) sets a 36 percent rate cap on consumer credit for service members and authorizes the Department of Defense to define “consumer credit.” The existing definition is narrow and allows high-cost...
Register before Friday, December 19 to secure the early bird rate. Visit the NCRC event page to see a list of the conference workshops, learn more about the event, and to register. This past March, over 30 advocates...
Gov. Pat Quinn is expected to sign a retirement savings measure that was passed by the legislature last week. And if that happens, Illinois will become a pioneer among states — the first to make it easy for workers...
On a vote of 30-25-02 in the Senate and 67-45 in the House, the Illinois Secure Choice Savings Program (SB2758) was approved by the Illinois General Assembly today. The bill will give millions of private sector workers in Illinois...
The action came yesterday evening when the state Senate voted 30-25 to ratify amendments to S.B. 2758, sponsored by Sen. Daniel Biss, D-Evanston. Exactly 30 votes were needed; two senators did not vote. Earlier in the day, the House passed the...