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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

SBAC and A Safe Haven on WCPT Chicago

By growthzone | December 11, 2020

Elliot Richardson and Neli Vasquez-Rowland on WCPT with Joan Esposito On December 3rd, Elliot Richardson, President and Co-Founder of SBAC and Neli Vasquez-Rowland, Founder and President of A Safe Haven were hosted on WCPT Chicago with Joan Esposito discussing the situation of homelessness and small businesses in Chicago. With the pandemic affecting small businesses on…

Congress Must Provide Relief to Local Chambers and Business Organizations

By growthzone | December 4, 2020

Congress Must Provide Relief to Local Chambers and Business Organizations Local chambers of commerce and business organizations provide crucial support to the small business community.  It is imperative that Congress provide them with the support needed so they can make it through these unprecedented times and help local businesses recover from the pandemic.  Over 50…

Home Based Businesses

By growthzone | December 1, 2020

Jumpstarting Chicago’s Economic Recovery The city of Chicago is facing unprecedented public health and economic challenges resulting from COVID-19. By executive order, by choice, or by necessity, many Chicagoans are starting and operating businesses from home during the pandemic. However, Chicago’s regulations make the home occupation license too complicated and too restrictive for these vitally…

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