General Assembly Passes Occupational Licensing Reform
Occupational licenses can create unnecessary barriers for Illinois residents looking to start new jobs. Occupational licenses can also create roadblocks for entrepreneurs that would like to start new businesses.
House Bill 5576 unanimously passed the Senate and will go to the Governor!
This legislation builds on the current licensing review process by collecting important information about the requirements associated with obtaining a license, so they can be more comprehensively reviewed by the General Assembly. This legislation will provide crucial information which can help legislators evaluate occupational licenses and eliminate or modify them when appropriate.
Modifying or eliminating overly burdensome or restrictive occupational licenses can support small businesses struggling to hire employees, remove unnecessary or outdated barriers for entrepreneurs, and foster the growth of our economy.
We are thankful to our partners at the IJ Clinic on Entrepreneurship for their collaboration. We are grateful to Representative Ammons and Senator Koehler for their leadership in moving this legislation forward.
Proposed Updates to Chicago’s Retailer and Food Vendor Rules
Visit the BACP website SBAC INSIGHTS PAGE Proposed Updates to Chicago’s Retailer and Food Vendor Rules The Department of Business and Consumer Affairs (BACP) has published proposed updates to the City of Chicago’s Retailer Rules. The Department has also introduced certain rules for food vendors. BACP is accepting public comments until February 26, 2024,…
The Debate Over The Chicago Real Estate Transfer Tax
Download pdf here SBAC INSIGHTS PAGE Register for the SBAC Informational Webinar: The Chicago Real Estate Transfer Tax HERE. The Debate Over The Chicago Real Estate Transfer Tax Chicago is a tremendous city with a proud tradition. Our great city, however, faces multiple challenges, including persistent economic headwinds and an increase in homelessness. Economic development…
The Launch of the Chamber Relief Grant Program!
SBAC INSIGHTS PAGE We’re thrilled to announce the official launch of the Chamber Relief Grant Program by the Illinois Department of Commerce and Economic Opportunity (DCEO). The program aims to provide vital support to chambers of commerce dedicated to uplifting small businesses and local communities. DCEO announced the launch of the chamber relief grant program, along with opening…