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Illinois Gov. J.B. Pritzker (D) signed legislation Thursday to raise the minimum salary for teachers in the state to $40,000.

The Democratic governor said the law, which aims to reach the $40,000 salary minimum by the first day of school in 2023, will help address the statewide teacher shortage.

“As Illinois children head back to school this week and next, this new law says to them and their parents loud and clear: we value teachers,” Pritzker said in a statement about the legislation that will take effect Jan. 1.

“To teachers all across Illinois: I see the care and compassion you put into your work, and I’m proud to help make sure you earn what you’re worth,” he said.