Author: Rock Fusco Connelly LLC
FTC Proposes Ban of Noncompete Clauses
On January 5, 2023, the Federal Trade Commission (“FTC”) proposed banning noncompete clauses in employee contracts. According to the FTC, this change could strengthen employees’ negotiating powers and could increase wages in the United States by nearly $300 billion. A study conducted in 2015 by the Journal of Law and Economics found that out of
Safe-T Act On Hold
The Safety, Accountability, Fairness, and Equality-Today Act, colloquially known as the SAFE-T Act, was set to make Illinois the first state in the country to forbid judges from forcing certain criminal defendants to pay cash bail to be released from jail while they await trial. On December 28, Kankakee County Circuit Court Judge Thomas Cunnington
New Illinois Laws: 2023
Several other new and interesting laws went into effect in the State of Illinois at the stroke of midnight on January 1, 2023. Here are some highlights: Food Preparation: HB 00209 This law bans latex gloves for the use of handling and preparing food. Food Delivery Services: HB 03205 Through this law, a third-party delivery
Changes to Estate Tax Laws in 2023
As planning begins for the new year, it is important to pay attention to the changes made to estate tax laws going into effect in 2023. Changes to Federal Gift Tax Exclusions As of January 1, 2023, the lifetime exclusion amounts- federal gift and estate tax exclusion amount, in addition to the generation-skipping transfer (GST)
Property Tax Update – 12.14.2022
Our real estate tax team at Rock Fusco & Connelly, LLC continues to work hard fighting to keep your property tax bills as low as possible. Below are key updates on the 2021 and 2022 sessions. Cook County: 2021: Second installment bills are finally out for 2021. You can view them online (https://bit.ly/3EymH8V). We are
Property Tax Update 11.17.2022
Our real estate tax team at Rock Fusco & Connelly, LLC continues to work hard fighting to keep your property tax bills as low as possible. Below are key updates on the 2021 and 2022 sessions. Cook County: 2021: Second installment bills are finally out for 2021. You can view them online (https://bit.ly/3EymH8V) and should
Illinois Privacy Regulation Compliance for Small to Mid-Sized Companies
There is no singular method used at the federal level for controlling the collection and storage of data. While courts and federal agencies, such as the Federal Trade Commission (FTC), regulate small portions of U.S. data collection, it differs at the state level, where several states have passed legislation on the collection, storage, and use
Third Circuit Court of Appeals Decision Affects Permissible Speech on Social Media
This May, the Third Circuit Court of Appeals issued a ruling which reinforces permissible speech on social media. The ruling stems from a June 2019 tweet from The Federalist, which is an online magazine operated by FDRLST Media, LLC. Specifically, an executive officer posted to his personal Twitter account, stating: “FYI @fdrlst first one of
Illinois Department of Transportation Multiyear Improvement Program
Each year, the Illinois Department of Transportation (IDOT) develops a fiscally constrained six-year program which describes how the state will be investing into the roadways across the state. IDOT released its Multi-Year Improvement Program this August which will span from 2023-2028. This proposed development plan will focus on highway improvement to ensure Illinois residents, businesses,
Property Tax Update October 2022
Our real estate tax team at Rock Fusco & Connelly, LLC continues to work hard fighting to keep your property tax bills as low as possible. Below are key updates on the 2021 and 2022 sessions. Cook County: 2021: After four months of working overtime all summer to adjudicate more than 250,000 property tax appeals