October 10, 2023
The SBAC continues fighting for policies that will support small businesses and neighborhood business districts. Here are some updates on our efforts!
Health Insurance
The rising cost of health insurance continues to be a challenge for the small business community. Last spring 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. This legislation passed and will apply to health insurance plans in 2026. This is a big win for small businesses struggling to provide affordable, quality health insurance to employees. Learn more about the bill here.
You can hear SBAC President Elliot Richardson speak about the legislation here!
Property Taxes
The SBAC is formulating its 2024 state agenda and property taxes will be a big priority. We will be advocating for legislation focused on reducing property taxes and providing relief for small businesses. More to come shortly!
Neighborhood Revitalization Caucus
Neighborhood business districts are struggling in Chicago’s disadvantaged communities. We can revitalize neighborhoods by reducing barriers for small businesses and improving the process for entrepreneurs who want to open or grow a business in Chicago.
We are forming a legislative caucus focused on neighborhood revitalization and asking every politician in Chicago to participate. To see which policymakers have already expressed an interest in the caucus click here!
This caucus will focus on revitalizing underserved neighborhoods, supporting local businesses, and fostering economic growth in Chicago.
Please reach out to get involved in the SBAC!
Job Creation Tax Credit Bill That Supports Small Businesses Moves Out of Committee
Bill That Supports Small Businesses Moves Out of Committee The small business community scored a big win when the Small Business Job Creation Tax Credit Act advanced out of the House Revenue and Finance Committee. This legislation will support small businesses by establishing $2500.00 tax credits for businesses with 50 or fewer employees that hire…
Supporting Self-Employment Assistance (SEA) Programs to Drive Economic Growth
SBAC INSIGHTS PAGE Supporting Self-Employment Assistance (SEA) Programs to Drive Economic Growth To: Illinois Legislators From: Small Business Advocacy Council Date: March 10th 2025 Subject: Supporting Self-Employment Assistance (SEA) Programs to Drive Economic Growth Introduction Self-Employment Assistance (SEA) programs have proven to be a valuable tool in supporting unemployed individuals who seek to establish their own…
Occupational Licensing
SBAC INITIATIVES PAGE Occupational Licensing Reform Resources & Fact Sheets Expand PRIOR ACT Download One-Pager View House Bill Language View Senate Bill Language APPRENTICESHIP ACT Download One-Pager View House Bill Language Find and Contact Your Elected Officials HERE!
