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!
Coalition Engagement Sparks New Chicago Zoning Guide
Navigating the zoning rules in Chicago just became easier. The newly released Chicago Department of Business Affairs and Consumer Protection (BACP) Chicago Business Zoning Guide will help small businesses and property owners more easily navigate the zoning process in Chicago. This was crucial as chambers of commerce and small business advocates advised that clear,…
NRC New Look, New Logo, Same Mission
New Look, New Logo, Same Mission In our 2nd year of actively and ardently working to revitalize neighborhoods throughout Chicago, we thought we’d bring a fresh new look to the incredible work that the SBAC and a robust group of chamber partners have spearheaded. We continue to advocate for policy reform to reduce vacancies, cut…
Forum on Small Businesses and Child Care
The cost of affordable and quality childcare has kept people from re-entering the workforce. This has significantly impacted many small businesses that continue struggling to find employees to support their operations. Join us for a virtual forum with Chairwomen Carol Ammons and Representative Edgar Gonzalez to discuss how to help get people struggling with childcare…
