Illinois HB 4221: ISAC-SALE OF LOANS-INT-FEES
Status: Session Sine Die (as of 2007-01-09)
State: Illinois · Session: 94th · Bill: HB 4221
Sponsors: Bill Brady, Christine Radogno, Dan Rutherford, J. Bradley Burzynski, Larry K. Bomke, Naomi D. Jakobsson
Bill Text
• Illinois General Assembly - Full Text of HB4221 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of HB4221 • Home • Legislation • Full Text HB4221 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB4221 Introduced 1/14/2026, by Rep. Amy Briel SYNOPSIS AS INTRODUCED: 820 ILCS 90/10 Amends the Illinois Freedom to Work Act. Provides that any covenant not to compete or covenant not to solicit entered into after the effective date of the amendatory Act shall not be enforceable with respect to individuals employed as health care professionals, regardless of whether an individual is covered by a collective bargaining agreement. Effective January 1, 2027. LRB104 16536 SPS 29932 b A BILL FOR HB4221LRB104 16536 SPS 29932 b 1 AN ACT concerning employment. 2 Be it enacted by the People of the State of Illinois, 3represented in the General Assembly: 4 Section 5. The Illinois Freedom to Work Act is amended by 5changing Section 10 as follows: 6 (820 ILCS 90/10) 7 Sec. 10. Prohibiting covenants not to compete and 8covenants not to solicit. 9 (a) No employer shall enter into a covenant not to compete 10with any employee unless the employee's actual or expected 11annualized rate of earnings exceeds $75,000 per year. This 12amount shall increase to $80,000 per year beginning on January 131, 2027, $85,000 per year beginning on January 1, 2032, and 14$90,000 per year beginning on January 1, 2037. A covenant not 15to compete entered into in violation of this subsection is 16void and unenforceable. 17 (b) No employer shall enter into a covenant not to solicit 18with any employee unless the employee's actual or expected 19annualized rate of earnings exceeds $45,000 per year. This 20amount shall increase to $47,500 per year beginning on January 211, 2027, $50,000 per year beginning on January 1, 2032, and 22$52,500 per year beginning on January 1,
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