Posts Tagged ‘Illinois’

Leveling Up: Illinois Expands Angel Tax Credits to Support Inclusive Startups

The state has expanded the Illinois Angel Investment Tax Credit program, which we last wrote about in 2019. Securing this tax credit could be very important to potential investors, especially during this challenging fundraising period. Illinois now offers investors a 35% credit to their Illinois income tax liability for investments between $10,000 and $2 million […]

Illinois softens penalties for violations of the Biometric Information Privacy Act

Five years ago, we wrote a blog post about how Illinois was a pioneer in passing a comprehensive statute protecting biometric information, and how other states were following suit. Illinois’ Biometric Information Privacy Act (BIPA), enacted in 2008, protects these biometric identifiers: fingerprints, retina scans, iris scans, hand geometry scans, voiceprints, and face geometry scans.  Illinois […]