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!
Giving Tuesday
As we move into 2024, we would be honored to have you engaged with EMPOWER as one of our supporters. Thank you again for your unwavering support; we look forward to staying connected in the future!
Letter to Alders
To Members of the Chicago City Council: Chicago small businesses have faced many challenges over the past several years and encountered numerous obstacles while attempting to recover from the devastating pandemic. Disinvested communities continue struggling to fill vacant storefronts, attract businesses, and foster economic development. We ask that you refrain from passing the Chicago Paid…
Chicago Paid Leave and Paid Sick and Safe Leave Ordinance
A press conference was held at City Hall to highlight concerns with the PTO ordinance and ask that changes to the ordinance be made. Hear from business owners, community advocates, and local chambers who passionately discussed their concerns and suggested possible improvements to the ordinance below. Over 30 chambers of commerce and place-based organizations sent…
