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!
Support Outdoor Dining in Chicago
Download the Outdoor Dining FACT SHEET Prompt Action Needed to Support Outdoor Dining in Chicago Chicago’s neighborhood restaurants suffered greatly during the pandemic. When people were unable to gather indoors at restaurants, outdoor dining became the viable alternative. Chicago policymakers took action to provide restaurants with more flexibility and to build on the popularity of…
Legislation Focused on Reducing Health Insurance Premiums of Small Businesses
View and Download the SBAC FACT SHEET Legislation Focused on Reducing Health Insurance Premiums of Small Businesses Passes! Governor Pritzker signed legislation focused on protecting small businesses from excessive premium increases and increasing transparency so that consumers can understand the cost drivers of health insurance. This legislation will apply to health insurance plans beginning in…
SBAC Legislative Agenda 2023
2023 SBAC Lobby Day in Springfield SBAC Legislative Agenda 2023 The Small Business Advocacy Council (SBAC) is laser-focused on formulating and fighting to pass policies that support small businesses and local communities. The SBAC’s 2023 agenda includes legislation that will support small businesses struggling to hire and retain employees and stabilize the costs of health…
