An instrument that transfers real property from one person to another and in which the grantor promises that title is good and clear of any claims. A deed is a written instrument that transfers the title of property from one person to another.
As of January 1, 2014, minimum wage in Illinois is $8.25. Illinois is one of 45 states that have enacted minimum wage laws. Illinois minimum wage law covers businesses with 4 or more employees. The minimum wage in Illinois is $1.00 greater than the current Federal minimum wage rate of $7.25. Various legislative attempts have been made to increase the Illinois minimum wage but all of them have failed to date. However, Illinois voters will have a chance to weigh in on the minimum wage question soon. An advisory referendum in November 2014 will ask them whether the state should raise the minimum wage to $10.00 per hour.
The Department of Labor enforces the Fair Labor Standards Act (FLSA), which sets basic minimum wage and overtime pay standards. These standards are enforced by the Department's Wage and Hour Division. Minimum Wage. Current Minimum Wage: $7.25 per hour.