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!
Calling for IL Occupational Licensing Reform
Occupational licenses should protect the health, safety and welfare of the public. Unfortunately, some occupational licenses are unnecessary and burdensome. They create unwarranted barriers for Illinois entrepreneurs and those interested in working in new professions. Needless occupational licenses also keep people from moving to Illinois. Needless occupational licenses, or those which are overly restrictive, also…
Laws You Should Know About
Baking Good Legislation On August 27, Governor Pritzker signed into law the Home-to-Market Act. The Home-to-Market Act allows producers of home-based food products to sell their goods directly to customers. This new law goes into effect on January 1, 2022. This will foster the growth of home-based entrepreneurs, known as the cottage food businesses. Prior…
The SBAC Small Business Package
THE SMALL BUSINESS PACKAGE Many small and local businesses have been devastated by the COVID-19 pandemic. The Illinois unemployment rate remains high. Illinois politicians can partner with the small business community to enact policies that will help small businesses through this pandemic, reduce unemployment in our state, grow the Illinois workforce and generate revenue. There…
