Skip to content

SBAC Advocacy Update

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!

Insights Archive

Small Business Mayoral Forum

By growthzone | January 11, 2023

SPONSORS Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Interprenet Signature Bank Lexitas Korey Richardson Open One Solutions Byline DoorDash RockyTop Insperity SpeedPro Chicago Loop CVS

Legislation to Support Local Chambers Passes

By growthzone | January 10, 2023

Many chambers of commerce were devastated by the pandemic.  However, this did not stop them from providing crucial support to local businesses. The SBAC is thrilled to report that Illinois politicians have provided 5 million dollars to support the recovery of chambers of commerce in Illinois.  The SBAC has been working to procure this funding…

Childcare Tax Credit

By growthzone | January 9, 2023

Authors:   Minna Pomeroy, Leverage People Leslee Cohen, All Rise Legal Counsel Employers across our state are struggling to find enough employees to support their businesses. Indeed, some businesses have been forced to scale back their operations because of a lack of employees in the workforce. The Small Business Advocacy Council is championing legislation that will…

Scroll To Top