The Corporate Transparency Act (CTA) is a U.S. law that was passed in 2021. It requires certain businesses to disclose ownership information to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.
The federal law was created to increase business transparency and accountability to prevent illegal activities, particularly … Read More ›
The Illinois Electric Vehicle Charging Act (765 ILCS 1085) is designed to facilitate the installation and use of electric vehicle (EV) charging stations in residential and commercial properties.
It applies to new single-family homes and multi-unit residential buildings constructed or renovated after the Act’s effective date of January 1, 2024.
It includes certain requirements for installing electric … Read More ›
The Illinois Human Rights Act is a comprehensive state law that prohibits discrimination in several areas based on certain protected classes including:
Race
Color
Religion
National Origin
Ancestry
Age (40 and over)
Sex (including sexual harassment)
Marital Status
Order of Protection Status
Disability (both physical and mental)
Military Status
Sexual Orientation (including gender-related identity)
Pregnancy
Familial Status (in the context of housing)
Unfavorable Discharge from Military Service (in employment)
Citizenship Status … Read More ›
A new section (765 ILCS 705/4) has been added to the Illinois Landlord and Tenant Act titled “Ban on Electronic Funds Transfers as Exclusive Method of Payment.” This prohibits Illinois landlords from requiring tenants to use electronic funds transfers (EFT) or similar electronic methods as the exclusive means of paying rent and other lease-related payments.
Below … Read More ›