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.
Living Wage Calculation for Champaign County, Illinois. The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. The poverty rate is typically quoted as gross annual income. We have converted it to an hourly wage for the sake of comparison.