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!
REGIMENT INVESTMENT BANK
The digital investment bank that utilizes reg-compliant marketplace technology to connect emerging entrepreneurs with earnest investors. At Regiment, our focus is two-fold… Raising capital from investors seeking non-traditional investment products. Funding early-stage companies and companies seeking capital for growth. but it’s our edge that sets us apart. Financial and technological expertise gives us an edge…
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Count on us for the highest quality work uniforms and floor mats that elevate your brand, make your employees look great, maintains compliance, and ensures safety. Better ideas lead to better customer service. From automated sorting equipment to computerized garment tracking systems, Roscoe Takes Pride in helping you Take Pride in your company image –…
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Saul Ewing LLP is a full-service law firm that offers clients the national reach and sophisticated experience of a large firm and the local connections and value of a boutique firm. This combination of reach and local autonomy supports our clients with the clout of a mega-firm and the service hallmarks of a boutique. With…
