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!
Economic Incentives for Small Businesses
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Small Business Property Tax Relief Act
SBAC INITIATIVES PAGE Small Business Property Tax Relief Act Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-Pager View House Bill Language View Senate Bill Language In The News Expand Time for politicians to tackle property taxes
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SBAC INITIATIVES PAGE Find and Contact Your Elected Officials HERE! llinois Businesses Opening Doors for the Formerly Incarcerated A Second Chance for All Informational Presentation: Credit for Wages Paid to Returning Citizens Expand Illinois Department of Revenue Informational Presentation: Credit for Wages Paid to Returning Citizens Resources & Fact Sheets Expand Download Quick Fact Sheet…
