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!
Logan Square Activation Ribbon Cutting
Thank you Logan Square Chamber of Commerce for having us! The SBAC and our Neighborhood Revitalization Coalition had the pleasure of attending the Solidary Triangle Plaza Activation hosted by the Logan Square Chamber of Commerce. We spoke with some of the great people of Logan Square about our goals to revitalize, empower and connect Cook…
REVITALIZATION IN THE NEWS: Hyde Park Farmers Market Opens Sunday!
The Hyde Park Farmers Market will return to the parking lot behind the Hyde Park Bank Building, 1525 E. 53rd St., this Sunday, June 5. The Hyde Park Farmers Market will return to the parking lot behind the Hyde Park Bank Building, 1525 E. 53rd St., this Sunday, June 5. The event is co-hosted…
Woodlawn Coffee Chat: A Community Conversation
A Woodlawn Chamber of Commerce event: Join Woodlawn Chamber for the Woodlawn Coffee Chat on Wednesday, June 1st at 6:00p to have a virtual conversation with local community organizations and elected officials about how research tools can be used to identify policy-relevant concerns and strengthen community practices. Supported by The Chicago Community Trust, The Joyce…
