Pritzker officially signs Illinois bill for $15 minimum wage into law

Photo Courtesy: Cassie Buchman (State Journal Register/Twitter)
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SPRINGFIELD, Ill. (AP) -- Updated: Feb. 19, 2019, 11:10 a.m.

Illinois Gov. J.B. Pritzker has officially signed SB1 for a minimum wage increase into law.

Minimum wage is currently $8.25 in Illinois. The new lawn would gradually increase minimum wage each year, which is set to hit $15 by 2025.

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Updated Feb. 19, 2019, 8:52 a.m.

UPDATE: Illinois Gov. J.B. Pritzker intends to sign Senate Bill 1 late Tuesday morning at the Governor's Mansion in Springfield.

The proposal would gradually raise the minimum wage to $15 an hour by 2025.

Critics say the bill could lead to fewer jobs and high inflation rates.

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A $15-an-hour minimum wage is headed to Gov. J.B. Pritzker after the House approved the six-year plan.

Thursday's 69-41 vote in the House almost guarantees it will become law.

Pritzker, a Democrat, has pledged to sign it before Wednesday. That's when he unveils his first annual budget plan. He stood on the House floor during the roll call with the bill's sponsor, Rep. Will Guzzardi of Chicago.

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An Illinois House committee has approved a plan to increase the minimum wage to $15 over six years.

The Democratic-controlled Labor and Commerce Committee's 19-10 vote on Wednesday along party lines sets up a floor vote as early as Thursday. Democratic Gov. J.B. Pritzker campaigned on the issue and told lawmakers he wants to sign the law before his Feb. 20 budget address.

The Senate approved the plan last week .

The proposal would increase the $8.25-per-hour base wage by $1 on Jan. 1. It would increase incrementally until reaching $15 in 2025.

Major business interests believe the ramp-up is too fast for them to absorb costs. And they complain that the wage should be regionalized to reflect lower costs of living outside Chicago.

The bill is expected to be debated on the House floor on Thursday.