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!
Supporting Entrepreneurship
SBAC INITIATIVES PAGE Supporting Entrepreneurship and Economic Development (SEED) Find and Contact Your Elected Officials HERE! Resources & Fact Sheets Expand Download One-Pager
Shop Small, Shop Local: Support Chicago’s Neighborhood Businesses This Holiday Season
SBAC INSIGHTS PAGE Shop Small, Shop Local: Support Chicago’s Neighborhood Businesses This Holiday Season As the holiday season approaches, it’s time to consider the impact of where we shop. Supporting small, local businesses not only helps fuel Chicago’s economy but also strengthens our communities. This year, make a commitment to shop small and explore the…
FY2025 Chicago Budget Hearing Schedule
SBAC INSIGHTS PAGE COMMITTEE ON THE BUDGET & GOVERNMENT OPERATIONS FY2025 Budget Hearing Schedule – Amended Nov 14, 2024 6th Amended Agenda Amended Nov 14, 2024 Download Schedule NOVEMBER Wednesday, November 13th at 10AM NO COMMITTEE MEETING Thursday, November 14th at 10AM NO COMMITTEE MEETING Friday, November 15th at 10AM Chicago Police Department Saturday, November…
