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!
DHBL article: Politicians should embrace these New Year’s resolutions January 2025
SBAC INSIGHTS PAGE Politicians should embrace these New Year’s resolutions Each year, we hope politicians will prioritize and enact policies that support the small business community. Over the past few years, we have scored victories by partnering with legislators who care about small businesses’ success. However, this year much more must be done to create…
Small Business Impacts of New Rules
SBAC INITIATIVES PAGE Small Business Impacts of New Rules Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-Pager
Supporting Entrepreneurship
SBAC INITIATIVES PAGE Supporting Entrepreneurship and Economic Development (SEED) Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download Quick Fact Sheet Download One-Pager
