The RISE Grant Program
The pandemic has had a significant impact on the Illinois workforce. Small businesses are still struggling to hire qualified employees which has greatly impacted their operations. Illinois policymakers will need to promptly pass forward-thinking policies to help get folks back into the workforce.
The SBAC is advocating for the passage of The RISE Grant Program - HB4455. This legislation connects those interested working in a new field or industry with small businesses struggling to hire new employees. Importantly, HB4455 offsets the costs associated with on-the-job training at the inception of the employer-employee relationship. The legislation provides funding for $5,000 grants which can be awarded to businesses that (1) retrain and hire employees that lost their jobs or businesses because of the pandemic; (2) employ less than 50 employees; and (3) create a new net job.
Illinois received over $8 billion from the American Rescue Plan Act funds. The SBAC contends a responsible portion of those funds should be used to support small businesses struggling to hire new employees. This legislation allocates $250,000,000 in funding for this new grant program. This legislation connects those interested working in a new field, in part, facilitated by the pandemic, with small businesses that are struggling to hire new employees. HB4455 creates opportunities for small businesses, while helping get people back into the workforce.
Governor Pritzker Signs HB 2296 into Law
Governor Pritzker Signs HB 2296 into Law! Small businesses have been crushed by the escalating costs of health insurance. The SBAC championed legislation focused on reducing premiums for small businesses and increasing transparency so policymakers and the public can better understand what drives the costs of health insurance. Governor Pritzker signed this legislation into law. …
Thank you to all the participants at the 2023 SBAC Golf Outing!
THANK YOU for attending our 2023 SBAC Golf Outing on June 6th! Thank you to everyone who came out to The Preserve on June 6, 2023 to play golf and celebrate the SBAC! We hope you enjoyed the day as much as we did, and hopefully it was a fun way to kick off the…
SBAC Advocacy Update: Health Insurance, Government Contracts & Outdoor Dining
Illinois legislators concluded their regular session. We are excited to report there were some big wins for the small business community! Health Insurance Many small businesses are struggling to afford the cost of health insurance. The Illinois General Assembly passed legislation focused on protecting small businesses from excessive premium increases and enhancing transparency so that…
