Legislation To Get People Back To Work
State Representative Gong-Gershowitz has filed the RISE Act. This legislation will get people back to work and support small businesses. The RISE Act (House Bill 0801) creates a tax incentive for businesses that retrain and hire employees who have lost their jobs or businesses because of the pandemic.
Businesses with under 500 employees will receive a $2,500.00 tax credit for retraining and hiring a new employee. Businesses with under 100 employees will receive a $5,000.00 tax credit. An additional tax incentive of $500.00 will be provided if the business is in a disproportionately impacted area (DIA) or if the person being hired resides in a DIA.
Getting people back to work will replace unemployment payments with tax revenue. It will support small businesses and stimulate the economy. Most importantly, this will get people back to work.
Please take action below to contact your legislators and ask them to sponsor the RISE Act! It only takes a moment!
*CLOSED* the Cook County Small Business Source Grow Grant Program!
Apply for the Cook County Small Business Source Grow Grant Program! The SBAC advocates for the small business community in numerous ways, including by disseminating important information about programs that will support small businesses. The Cook County Small Business Source Grow Grant program will provide grants to certain small businesses still struggling to recover from the pandemic.…
We’ve been busy advocating for you!
We’ve been busy advocating for the small business comunity! It’s been a busy past few weeks for the SBAC. Our fight to revitalize local business districts continues fervently. We are committed to meeting our Illinois Alders individually to discuss our SBAC Agenda and how to build a better Illinois. Small businesses are the heart of…
August 17th, 2022 – Small Business Workshop – What to ask Before You Open Your Doors
August 17th, 2022 SBAC Empower, Groupon + the Greater Englewood Chamber Of Commerce present an open Q&A session to answer your questions on starting a business. Opening a business and have a question on business usage, zoning, banking, etc? Already have a business and have questions? Listen in, and our panelists will answer freely. With:…
