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!
NRC Events This Week
We Are Coming to Your Neighborhood! The Neighborhood Revitalization Coalition will be at local events this week promoting our robust agenda to revitalize, empower, and connect Cook County business districts! Here is a link to our Calendar: NRC Calendar | SBAC We will be attending the following events: Logan Square Farmers Market 3107 W Logan…
NRC This Weekend: Hyde Park Farmers Market July 24th
Come join us this Sunday! Come join the Neighborhood Revitalization Coalition this Sunday at the Hyde Park Farmers Market! We will be at the market promoting the NRC’s robust agenda and talking to the amazing community of Hyde Park. Information for the event is below. We hope to see you there! Hyde…
SBAC/BSM Town Hall This Saturday!
*Heading* The Small Business Advocacy Council in partnership with Building Strong Millennials is hosting a town hall at the Kroc Center this Saturday! Event Info: The Kroc Center 1250 West 119th Street Chicago, Illinois 60643 11:00 AM – 2:00 PM If you’re interested in learning more about commercial vacancies, how to start a…