Skip to content

ACTION CALL! Legislation To Get People Back To Work

Legislation To Get People Back To Work

+ACTION CALL

State Representative Gong-Gershowitz has filed the RISE Act.  This legislation will get people back to work and support small businesses.  The RISE Act (House Bill 0801) creates a tax incentive for businesses that retrain and hire employees who have lost their jobs or businesses because of the pandemic.

Businesses with under 500 employees will receive a $2,500.00 tax credit for retraining and hiring a new employee.  Businesses with under 100 employees will receive a $5,000.00 tax credit.  An additional tax incentive of $500.00 will be provided if the business is in a disproportionately impacted area (DIA) or if the person being hired resides in a DIA.

Getting people back to work will replace unemployment payments with tax revenue.  It will support small businesses and stimulate the economy.  Most importantly, this will get people back to work.

Please take action below to contact your legislators and ask them to sponsor the RISE Act!  It only takes a moment!

Insights Archive

The SBAC Supports Relief For Chicago Small Businesses Through Reimbursement of Liquor License Fees

By patti@sbacil.org | April 5, 2021

The SBAC supports a proposed Chicago ordinance which will reimburse small businesses a portion of the liquor license fees they paid because they could not use their license during pandemic related shutdowns.  This ordinance will help many local businesses recover from the pandemic. Please translate this page to the language of your choice. Supporters Fifth…

PPP Deadline Extended To May 31st

By mrevis@sbacil.org | March 31, 2021

President Biden Signs PPP Extention Act Attention Small Business Owners: President Biden just signed the PPP Extension Act of 2021 which extends the Paycheck Protection Program an additional two months until May 31st. The Act also provides an additional 30-days for the SBA to process pending applications. Please translate this page to the language of your choice.…

PRESS RELEASE: BIG Legislation for Small Businesses

By mrevis@sbacil.org | March 25, 2021

Illinois Small Business Advocates Call For Funding and an Improved Business Interruption Grant Program Illinois small businesses are fighting to recover from the pandemic.  However, the Department of Commerce and Economic Opportunity reports that out of the 40,000 businesses that applied for a Business Interruption Grant, only about 9,000 received funding.  Business owners hanging on…

Scroll To Top