2019

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today hailed lawmakers for passing legislation that would gradually increase the statewide minimum wage to $15 per hour by 2025. The Illinois House approved the measure today. The Senate approved it last week. It now goes to Gov. JB Pritzker, whose signature is expected. “This is a great day for working families across our state. This is the first increase in the minimum wage in nearly 10 years. Larger paychecks will help lift working people out of poverty and lead to increased economic…

MARION — Treasurer Michael Frerichs today joined the Illinois Hunger Coalition and the United Way of Southern Illinois to encourage local not-for-profit organizations to apply for grant money through the Charitable Trust Stabilization Fund. The application process is open now through March 31, 2019. The fund assists small non-profits with annual budgets of $1 million or less. Money comes from filing fees non-profits pay when incorporating in the state of Illinois, not personal or property tax dollars. “The Charitable Trust Stabilization Fund is specifically designed and committed to helping small…