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Keep Card Transactions Safe And Convenient. OPPOSE Changes To The Existing Interchange Process!
Saturday, May 25, 2024 - Posted by Advertising Department [The following is a paid advertisement.] Current merchant point of sales and card processors systems can’t separate tax from a purchase when applying processing fees and it may take several years for these systems to get updated. The proposed budget deal that would require separation of interchange fees on the sales tax portion of electronic transactions could mean consumers will have to swipe a credit or debit card twice for a purchase or worse, pay the tax portion in cash. In no uncertain terms – it would be a major disruption to the current electronic payments system in place today. This proposal and disruption to the current system would undoubtedly affect Illinois consumers and beyond. How will constituents, tourists coming to the state this summer, and attendees at the DNC in August react to an overhaul in the way they conduct transactions? This could create a huge embarrassment to Illinois and require immediate retraction. Why take the risk? In the past 17 years there’s been 58 bills in other states trying to remove interchange fees from the state and local sales tax portion of debit and credit card purchases…none have passed because it’s a bad idea. Although this proposal is included in a potential budget deal, there is NO impact to the state budget based upon this component. It simply puts more money in the pockets of Illinois retailers. The current interchange system in Illinois works. Illinois legislators should reject budget deals that increase profit to big box retailers.
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Protect Illinois Hospitality And Vote NO On House Bill 5345
Saturday, May 25, 2024 - Posted by Advertising Department [The following is a paid advertisement.] Protect Illinois Hospitality is a coalition of tipped workers, chambers of commerce, service operators, and local small businesses who strongly support keeping the tip credit available for Illinois businesses. 
Tell your state legislators to VOTE NO on House Bill 5345 and Protect Illinois Hospitality
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Interchange Works: STOP Efforts To Include Interchange In Budget Bills
Friday, May 24, 2024 - Posted by Advertising Department [The following is a paid advertisement.] Across America, families use credit cards to put food on the table, fill their gas tanks, and access the credit needed to make life work. Only 10% of consumers don’t have a credit card. At a time when inflation is hitting all of us, merchants want to squeeze consumers even further. Removing sales tax from interchange calculations would disrupt credit card payment systems that work for families across Illinois. Consumers use cards as a safe and convenient payment method, and this would drastically change the way business is transacted by requiring separate calculations of the interchange fee based upon the purchase price of goods and the amount of state and local taxes. This proposal will exponentially increase the cost of the electronic payments system. Retailers will continue to shift this cost of doing business to Illinois consumers at a time when they can least afford it. Why put Illinois consumers at risk? There is NO benefit to the state in removing sales tax from the interchange fee calculation. For decades, special interest groups advocating for increased profits to big box retailers have argued for this change that governments across the United States have denied. Illinois legislators should not support a retailer bailout that would set Illinois apart from every other state in the nation. Keep card transactions safe and convenient by supporting the current interchange system!
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Get The Facts On The Illinois Prescription Drug Board
Friday, May 24, 2024 - Posted by Advertising Department [The following is a paid advertisement.] The price-setting board proposed in HB4472 is not the solution for Illinois. It would give bureaucrats the power to arbitrarily set medicine prices, deciding what medicines and treatments are “worth” paying for. We can’t leave Illinoisans’ health care up to political whims. Let’s make it easier, not harder for patients to access their medicines. Click here to learn more.
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