City Council has passed a PTO ordinance that provides greatly expanded paid and sick leave for Chicago employees. The ordinance, however, subjects small businesses to crushing penalties and lawsuits. Many small businesses will also be unable to comply with the mandates of the ordinance by the end of the year. This is an open letter sent to Chicago City Council members asking that amendments be made that protect small businesses and provide a reasonable grace period before the implementation of the ordinance.
Small businesses drive Chicago’s economy and neighborhood businesses create jobs for local residents. We are asking alders to make amendments to the PTO ordinance that provide necessary safeguards to protect Chicago small businesses.
PANDEMIC MAKES STUDENT DEBT RELIEF CRUCIAL
Pandemic Makes Student Debt Relief Crucial Over 45 million Americans collectively owe an approximate $1.6 trillion in student loans. This exorbitant debt stifles our economy and impedes the mobility of young Americans who thought going to college would provide financial security. The economic impact of the pandemic has put Americans further into debt and has…
Press Release – Chicago’s Cut Red Tape Agenda
Chicago’s Cut Red Tape Agenda March 2, 2021 FOR IMMEDIATE RELEASE Contact: Elliot Richardson // 847-380-4900 // Elliot@sbacil.org Cutting unnecessary and burdensome red tape will help Chicago’s small and local businesses recover from the pandemic. Much of this red tape should have been eliminated long ago. The Small Business Advocacy Council and a coalition of…
New PPP Rules for Sole Proprietors and Businesses with 20 or fewer Employees
New PPP Rules for Sole Proprietors and Businesses with 20 or fewer Employees From February 24th to March 9th, the Small Business Administration will accept applications for PPP loans for sole proprietors and businesses with fewer than 20 employees. The move is meant to make it easier for businesses with few or no employees –…
