Occupational Licensing Reform
Occupational licenses are often necessary to protect the safety, health, and welfare of the public. However, when these licenses are revisited by legislators, it is important they have accurate and unbiased information before determining whether and how to maintain such a license.
Regulatory Sunset Review - HB5576
This legislation amends the Regulatory Sunset Act to require the existing sunset report process collects and provides comprehensive and specific information about the need for licensure, the licensing process, and the equity concerns arising from personal qualifications, such as the cost of training and continuing education and whether such requirements are suitably addressing public safety. The bill provides guidance for the report’s recommendations of modifications to licensing rules that will lower barriers for applicants but still address genuine public safety concerns, including a list of regulatory tools other than licensure, like registration or certification, disclosures, or insurance requirements. The bill does not usurp legislators' ability to make the final determination regarding a license.
License Information Task Force - HB5575
This legislation creates a task force that includes representatives from low- and middle-income licensed occupations along with a mix of academics, advocates, administrators, and legislators. The goal of the task force is to collect, centralize, and analyze data from IDFPR about low- and middle-income licensed occupations and evaluate licenses using an equity and access lens. The legislation provides that a final report will be published and provided to the General Assembly with recommendations about increasing equity and economic opportunity. With this comprehensive information, legislators can target reform efforts to preserve public safety while removing unnecessary requirements.
Main Street Lending Proposal
SUMMARY The Federal Reserve established the Main Street Lending Program (the “Program“) to help aid small and medium-sized for-profit businesses and nonprofit organizations who were in sound financial condition before the onset of the COVID-19 pandemic and who were unable to get aid under any of the other COVID-19 related relief programs (e.g. under…
PPP Funding for Businesses and Non-Profits Webinar
WATCH: Congressman Brad Schneider from Illinois’ 10th district, Bo Steiner from the Small Business Administration, and Elliot Richardson President of the SBAC spend one hour answering questions about the second round of PPP relief. The SBAC is grateful to have had the chance to participate in this webinar on PPP Funding for Businesses and Non-Profits.…
What 2021 Could Mean for Small Businesses
January 20, 2021 By Elliot Richardson Small Business Advisory Council SBAC President Elliot Richardson’s column discusses the Business and Economic Outlook Forum hosted by the Daily Herald Business Ledger. The piece highlights the need for legislation that provides financial resources for small businesses to retrain and hire Illinoisans who have lost their jobs or businesses…