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!
New SBAC Empower Educational Webinars
SBAC Empower strives to provide up to date resources to assist in your small business growth. We are proud to announce new Educational Webinars viewable at your leisure focused on helping small businesses open brick-and-mortar establishments in underserved communities. These webinars review programming that pertains to navigating the process of zoning, licensing, and leasing space…
The SBAC Heads to Springfield to Fight for the Small Business Community
The SBAC Heads to Springfield to Fight for the Small Business Community The Small Business Advocacy Council (SBAC) is heading to the capitol on Tuesday, November 15, 2022. We will be focused on procuring relief for local chambers of commerce devastated by the pandemic during the short legislative session this fall. It is imperative our…
SBAC 2022 Legislative Agenda
SBAC 2022 Legislative Agenda The Small Business Advocacy Council (SBAC) is laser-focused on formulating and fighting to pass policies that support small businesses and local communities. Learn more about our 2022 Legislative Agenda here: Legislative Agenda SPONSORS Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Tandem HR Interprenet Signature Bank Lexitas Korey Richardson Open…
