Legislation To Get People Back To Work
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!
What 2021 Could Mean for Small Businesses
January 20, 2021 By Elliot Richardson Small Business Advisory Council SBAC President Elliot Richardson’s column discusses the Business and Economic Outlook Forum hosted by the Daily Herald Business Ledger. The piece highlights the need for legislation that provides financial resources for small businesses to retrain and hire Illinoisans who have lost their jobs or businesses…
2020 to 2021 The Changing Landscape for Employment, Insurance and Lending
While mental health issues in the workplace have been a concern for some time, this past year, COVID-19 has shown the challenges employees are facing have spiked dramatically. Hear from Jason Tremblay on how this will impact both employers and their employees in the video. Stephen Ball from Fifth Third discusses automatic forgiveness for PPP…
Univision entrevista a Neli Vasquez-Rowland
Muchas gracias a univision para su reportaje sobre nuestra campaña conjunta con a Safe Haven Foundation para mantener a las pequenas empresas aflote y para prestar asistencia a las personas mas necesitadas durante este periodo tan dificil.
