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!
City Council Expands Outdoor Dining in Chicago!
Chicago’s City Council passed an ordinance that reinstates policies that expand outdoor dining in Chicago. This ordinance will permit restaurants and taverns to serve customers near the curb, on the sidewalks of adjacent buildings, and in parking areas in proper situations. The ordinance also permits street closures to support local restaurants and taverns should various…
Procurement Bidding Reform Passes both the Illinois House and Senate!
Read S.B. 2192 SB 2192 FACT SHEET Increasing Access to Government Contracts for Small, Minority, and Women-Owned Businesses SB 2192 View the Press Release on SB 2192 The SBAC is excited to announce legislation that will increase access to government contracts for small, minority, and women-owned businesses has passed both the Illinois House and Senate!…
Reduce Recidivism and Grow the Workforce
HB 3418 FACT SHEET Read H.B. 3418 Labor shortage requires unconventional hiring… Expand JPMorgan says labor shortage requires unconventional hiring, including people with criminal records PUBLISHED THU, MAR 10 20224:53 PM EST How hiring individuals with criminal records can benefit workforce… Expand How hiring individuals with criminal records can benefit today’s workforce, according to an…
