Senator Chapin Rose of District 51 has introduced SB 3535, a bill aimed at helping small businesses manage the financial impact of Illinois’ new paid-leave mandate. The legislation would offer tax credits to small businesses for the costs associated with providing paid leave to employees under the Paid Leave for All Workers Act.
Noah Finley, State Director for NFIB Illinois, commented on the proposal: “Small businesses have been hit hard by the state’s paid leave mandate. This bill is a recognition of that fact. If it’s the state’s policy to insert itself into the employee-employer relationship and mandate paid leave, it should also be willing to pick up the bill instead of asking small businesses to shoulder the entire burden.”
Under SB 3535, only employers with 50 or fewer full-time equivalent employees would be eligible for the tax credit. The proposed law would go into effect on January 1, 2027.
