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!
Chicago Women’s Expo – Mentee Shelley Carrillo!
DONATE After submitting Shelley and her business for the Ultimate Women’s Expo, which has been running strong for now 30 years in Illinois and other cities like Atlanta, Miami, New York to name a few, Shelley has been accepted and now one of the feature vendors! Out of hundreds of vendors, Shelley’s standout and unique…
Town Halls to Support Local and Small Businesses
We’re excited to announce a series of free community town halls focusing on policies that help revitalize neighborhood business districts and support small businesses. These town halls are designed to be informative, and interactive, and to bring communities together. Members and business owners are encouraged to further learn how the SBAC and a coalition of…
Daily Herald Business Ledger Articles with SBAC President Elliot Richardson
Check out all of SBAC President Elliot Richardson’s Daily Herald Business Ledger articles below 2024 2023 2022 2021 2020 2024 January 14, 2024 Robust engagement by the small business community paved the way for big legislative victories last year. 2023 December 10, 2023 Politicians should remember Small Business Saturday October 15, 2023 How small businesses…
