At their next meeting on August 19th, the Naperville City Council will consider a vote to increase the Home Rule Sales Tax. Naperville’s competitive sales tax rate has long been a major advantage for attracting both shoppers and businesses. Raising the Home Rule Sales Tax puts that edge at risk. The Naperville Area Chamber ofContinue reading
Welcome to August! With Congress on their customary August Recess, and the Illinois General Assembly not scheduled to reconvene until the October Veto session, we can focus exclusively on two local issues in front of Naperville City Council, both with enormous impact on local businesses. Issue #1 Naperville City Council is preparing for a criticalContinue reading
Happy Independence Day! As we celebrate America’s birthday, and begin the 250th year of our experiment in self-governance, I would like to share a few updates. Local Issues Grocery Tax v. Sales Tax – As I mentioned last month, a decision will need to be made by the city council as to how to bestContinue reading
As we turn the calendar page to June, decisions continue to be made at the local, state, and national level that will impact you and your business. Local Issues Here in Naperville, the new city council has been sworn in and will have 2 significant issues that will require immediate attention. Grocery Tax v. SalesContinue reading
Welcome to May! Here are some highlights and updates on what is happening from a government affairs perspective that could influence your decisions and impact your business. Local – Challenges Await New Naperville City Council On Sunday, May 4th, the new city council was sworn in. In addition to incumbents Ian Holzhauer and Benny WhiteContinue reading
March and April are always busy months in Government Affairs. As a result, I am going to highlight a few issues from different levels of government with potential impact on your business Local – Naperville City Council Elections Two incumbents and two challengers were successful in gaining seats on the Naperville City Council. Dr. BenjaminContinue reading
This month we highlight a few issues from different levels of Government with potential impact on your business Federal – Corporate Transparency Act In the political world we sometimes talk of “zombie issues”. These are the issues that seem to be resolved, but keep “coming back from the dead”. One such issue is the statusContinue reading
While it may seem that election season just ended, NACC Government Affairs staff has been busy gearing up for the next voting opportunity. Local elections will be held on April 1st, but early voting begins this month on February 20th. Candidates for Naperville City Council have received our election questionnaire, and we will be sharingContinue reading
If you’re confused by the current state of the Corporate Transparency Act (CTA), you’re not alone. The legal developments surrounding the act in the past month have been dizzying, and the fate of the legislation is currently on hold. Summary The Corporate Transparency Act was enacted in 2021 to combat illicit activity, including tax fraud,Continue reading
There is good news for employers this month. On Friday, Nov. 15, a rule proposed by the U.S. Department of Labor (DOL) to increase the minimum salary threshold for executive, administrative, or professional (EAP) employees to qualify as exempt from the federal Fair Labor Standards Act (FLSA) overtime requirements was invalidated by the U.S. DistrictContinue reading
