Stop Credit Card Chaos In Illinois
Friday, Mar 14, 2025 - Posted by Advertising Department [The following is a paid advertisement.] A last-minute provision called the Interchange Fee Prohibition Act (IFPA) was snuck into the budget process last May and will create chaos for small businesses and consumers across Illinois if it takes effect on July 1, 2025. The IFPA gives corporate mega-stores like Walmart and Home Depot — who pushed for this backroom deal — millions more in profits, while small business owners get new expenses and accounting headaches. What’s more, consumers could be forced to pay for parts of their transactions in cash if this law moves forward. A recent court ruling in the litigation challenging the law suggests IFPA is likely pre-empted by federal law for national banks and will only apply to credit unions and local Illinois banks, putting local banks at a disadvantage against their national competitors. Illinois lawmakers should repeal the IFPA and focus on protecting small businesses and consumers across the state — not lining the pockets of corporate mega-stores. Stop the countdown to chaos by supporting a repeal of this misguided and flawed policy. Learn more at https://guardyourcard.com/illinois/ ![]()
|
Intoxicating Hemp: No safety? No thanks!
Friday, Mar 14, 2025 - Posted by Advertising Department [The following is a paid advertisement.] A federal loophole has led to a booming gray market across Illinois for intoxicating hemp products, which use synthetics to alter the composition of hemp to get consumers high. This is happening outside the structure of the state’s legal cannabis industry. This means intoxicating hemp faces NO quality testing, NO age restrictions, NO packaging requirements, NO potency rules, and NO taxes to fund programs in communities impacted by the War on Drugs. Most intoxicating hemp products aren’t even produced in Illinois. By contrast, Illinois cannabis businesses face extensive rules and regulations to operate, with products tracked from seed to sale. When consumers purchase legal cannabis grown and processed in Illinois, they know their products are safe. Hemp and cannabis come from the same plant. Both products can get users high. Why the different rules? Illinois already has a system in place to regulate hemp – it’s called the Cannabis Regulation and Tax Act. It’s time for Illinois to close the intoxicating hemp loophole.
|
PREVIOUS POSTS » |