Bruce Rauner

Illinois $15 minimum wage clears House committee

Illinois $15 minimum wage clears House committee

A proposal to slowly raise Illinois' minimum wage to $15 an hour cleared a House committee Wednesday despite business concerns.

The House Labor and Commerce Committee voted 17 to 6 to recommend HB 198, which would increase the state's hourly minimum wage from its current level of $8.25 to $15 by 2022. The first increase, to $9 an hour, would go into effect Jan. 1.

A unique aspect of the bill, meant to give small businesses time to adjust, offers employers with 50 or fewer workers a credit toward their income tax liability that is proportional to the wage increase. Small businesses could reduce up to 25 percent of their liability in 2018 but that shrinks each year, to a maximum...