2  ILLINOIS BUSINESS LEADER
FEATURE
The Illinois Chamber of Commerce 
is pleased to present our annual 
end-of-session report. Our team has 
diligently drafted, tracked, and ad­
vocated for legislation impacting the 
business community. This document 
is a product of that advocacy.
	
The report begins with a message 
from our President and CEO, Lou 
Sandoval, and highlights the major 
legislative items of the year. Follow­
ing that, you will find a detailed recap 
of the legislation tracked and lobbied 
by each of the Chamber’s 7 policy 
councils. If you have any questions 
or would like to discuss any of these 
legislative matters, please feel free to 
reach out to our team.
FY25 Budget Signed 
into Law, Revenue 
Enhancements Raise 
Concerns 
As final budget negotiations were 
carried out in the waning days of 
May, The Illinois Chamber appreci­
ated the opportunity to collaborate 
with legislators on both sides of the 
aisle and secure meaningful policy 
wins. The Chamber is aligned with 
Governor Pritzker’s goals of business 
attraction and support for education 
and we acknowledge that many in 
our dynamic and diverse member­
ship base will be served well by the 
state in the coming year. 
	
A long overdue legislative update 
changing the sales taxation of leasing 
from an upfront tax on the acquisi­
tion cost of the leasperty paid by the 
lessor to a tax on the rental charges 
paid by a lessee is an example of one 
PRO
G R O W T H
B U S I N E S S
I L L I N O I S
2024 End of Session Report
2024 End of Session Report
The General Assembly adjourned this year on 
Wednesday, May 29th, which was later than their 
intended early adjournment date of May 24th. 
The Senate continued its session until the 
evening of Sunday, May 26, while the House took 
a short break before adjourning into the early 
morning of Wednesday, May 29th. 
By Illinois Chamber of Commerce 
Council Directors

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