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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

Home Based Businesses

By growthzone | December 1, 2020

Jumpstarting Chicago’s Economic Recovery The city of Chicago is facing unprecedented public health and economic challenges resulting from COVID-19. By executive order, by choice, or by necessity, many Chicagoans are starting and operating businesses from home during the pandemic. However, Chicago’s regulations make the home occupation license too complicated and too restrictive for these vitally…

Property Tax Reform

By growthzone | December 1, 2020

Citizens Empowerment Act The state of Illinois has the second highest property taxes in the US. Property taxes are a huge burden on Illinois residents and small businesses, and often drive people out of the state. Illinois also has 6,918 local units of government, according to the latest Census Bureau data, which is more than…

Make Minority Contracting Reforms Now

By growthzone | November 25, 2020

The COVID-19 pandemic has had a devastating impact on the small business community. With businesses struggling, government contracts are even more important to many small businesses, including minority owned businesses with limited cash reserves and access to capital. The failure of governmental entities at all levels to ensure that minority businesses receive a fair share…

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