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IL HB5343
Bill
Status
Introduced
2/14/2020
Primary Sponsor
Marcus Evans
Click for details
AI Summary
- Requires employers with more than 100 full-time employees to provide severance pay during mass layoffs, calculated at one week of pay for each full year of employment
- Increases advance notice requirement for layoffs from 60 days to 90 days before termination takes effect, with notifications required to the Department of Commerce and Economic Opportunity, local government officials, affected employees, and collective bargaining units
- Severance pay rate must be the higher of either the employee's average compensation over their last 3 years or their final regular pay rate
- Mandated severance is in addition to any severance provided through collective bargaining agreements, though back pay awarded under the federal WARN Act can be credited toward this requirement
- Aggregates multiple smaller layoffs within a 90-day period that collectively exceed notification thresholds, unless the employer proves each group's termination had separate and distinct causes
Legislative Description
MASS LAYOFF SEVERANCE PAY
Last Action
Added Chief Co-Sponsor Rep. Mary E. Flowers
8/31/2020
Committee Referrals
Rules6/23/2020
Labor & Commerce2/25/2020
Rules2/18/2020
Full Bill Text
No bill text available