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Governor Pritzker Signs HB 2296 into Law!

Photo Jun 29 2023, 10 12 11

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.  Hear SBAC President Elliot Richardson’s comments about the legislation below and learn more about the bill here.

Insights Archive

Ordinance Makes It Easier for Entrepreneurs to Operate Home-Based Businesses in Chicago

By growthzone | January 24, 2021

The pandemic has cost Chicagoans jobs and recently unemployed individuals may explore starting their own business. However, these budding entrepreneurs may not have the funds to rent space. Indeed, even more established entrepreneurs may need to consider moving their businesses into a residence for the time being given the economic impact of the pandemic. This is…

Crucial Legislation Filed to Get People Back to Work

By growthzone | January 22, 2021

RISE Action Call – SIGN HERE PRESS RELEASE: CHICAGO, ILLINOIS, UNITED STATES, February 22, 2021 /EINPresswire.com/ — Representative Jennifer Gong-Gershowitz has filed the RISE Act in the General Assembly.  The Small Business Advocacy Council (SBAC) urges legislators to pass the RISE Act (Recovery Initiative to Support Employment) to get people back to work and support…

Business Interruption Insurance

By growthzone | January 21, 2021

WHAT IS BUSINESS INTERUPTION INSURANCE? The COVID-19 pandemic has had a devastating impact on individuals, families and communities. The pandemic is also causing tremendous financial hardship on small and local businesses. Typically, businesses will carry business interruption insurance to cover for potential extended closures caused by extraordinary circumstances. Competent business owners have done their due…

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