Illinois Policymakers Should Support Small Businesses
The pandemic and COVID-19 mitigations began inflicting immense damage to small businesses in March 2020. Thousands of small businesses initially applied for Illinois Business Interruption Grants. While these grants helped some small businesses, approximately 80% of applicants were not awarded a grant.
Illinois then received over $8 billion in American Rescue Plan Act funds. However, only $250 million was allocated to the new grant program for struggling small businesses. These funds will likely be exhausted before many eligible businesses receive grants. With billions of ARPA funds remaining, policymakers should allocate an additional $300 million for grants to struggling small businesses.
Illinois politicians should finish what they started. They should replenish the Back to Business grant program and promptly get funds to struggling small businesses, some of whom have waited almost two years for a grant to help offset the damage caused by the pandemic and mitigations established to curb the spread of COVID-19.
Please fill out the call to action below and ask your legislators to support struggling small businesses. Thank you for supporting the small business community!
Job Creation Tax Credit Bill That Supports Small Businesses Moves Out of Committee
Bill That Supports Small Businesses Moves Out of Committee The small business community scored a big win when the Small Business Job Creation Tax Credit Act advanced out of the House Revenue and Finance Committee. This legislation will support small businesses by establishing $2500.00 tax credits for businesses with 50 or fewer employees that hire…
Supporting Self-Employment Assistance (SEA) Programs to Drive Economic Growth
SBAC INSIGHTS PAGE Supporting Self-Employment Assistance (SEA) Programs to Drive Economic Growth To: Illinois Legislators From: Small Business Advocacy Council Date: March 10th 2025 Subject: Supporting Self-Employment Assistance (SEA) Programs to Drive Economic Growth Introduction Self-Employment Assistance (SEA) programs have proven to be a valuable tool in supporting unemployed individuals who seek to establish their own…
Occupational Licensing
SBAC INITIATIVES PAGE Occupational Licensing Reform Resources & Fact Sheets Expand PRIOR ACT Download One-Pager View House Bill Language View Senate Bill Language APPRENTICESHIP ACT Download One-Pager View House Bill Language Find and Contact Your Elected Officials HERE!
