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!
Procurement Bidding Reform
View and Download the SBAC FACT SHEET Legislation Focused on State Procurement Contracts Passes! The Illinois General Assembly passed legislation focused on helping small businesses receive their fair share of state procurement contracts. This legislation is important for job creation and the success of the state’s small businesses. This legislation will: Require the chief procurement…
Transparency Bill for Government Contracts
View and Download the SBAC FACT SHEET Legislation Focused on Small Businesses Seeking State Contracts Passes! The Illinois General Assembly passed legislation focused on important reforms to the bidding procedures for state contracts. Winning a state contract can be a game-changer for a small business. While much attention is focused on luring large businesses to…
14th Annual SBAC Golf Outing RETURNS
It’s that time of year again! Time to start thinking about the… 14th Annual SBAC Golf Outing 2023 Tuesday, June 6, 2023 The Preserve at Oak Meadows We had such a great turn out last year and made so many fantastic memories with you all (check out pics from last year to the…
