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Policymakers must focus on reducing property taxes in 2022

Property taxes are a huge burden on Illinois residents and small businesses. Politicians on both sides of the aisle understand they are oppressive and drive people out of Illinois. Politicians throughout the state, and all levels of government, acknowledge that solutions must be put forth and moved forward to stabilize property taxes.

 

In his Daily Herald Business Ledger column, SBAC President Elliot Richardson details why policymakers should prioritize issues surrounding property taxes in order to keep people in Illinois and improve our economy.

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SUPPORT NEIGHBORHOOD BUSINESS DISTRICTS

By mrevis@sbacil.org | January 17, 2022

SUPPORT NEIGHBORHOOD BUSINESS DISTRICTS BY REDUCING COMMERCIAL VACANCIES Struggling neighborhood business districts are often plagued by vacant properties. These commercial vacancies impact local economies, foster criminal activity and devastate communities. Local governments can reduce the property taxes owed by commercial property owners when their properties, or a portion of those properties, are vacant. While most…

SBAC Business Buzz – January 2022

By mrevis@sbacil.org | January 17, 2022

SBAC Business Buzz – January 2022 Welcome to the inaugural episode of our new video series, SBAC Business Buzz, featuring Elliot Richardson’s update on SBAC initiatives impacting the Illinois small business community. Today’s 3-minute recap focuses on Back to Business Grants, Workforce, Occupational SPONSORS Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily…

Press Release: Illinois Legislative Leaders Support a Small Business Agenda

By mrevis@sbacil.org | January 15, 2022

JANUARY 18, 2022 FOR IMMEDIATE RELEASE Media Contact: Patti Zikmund // 773-459-3301 // patti@sbacil.org The Small Business Advocacy Council (SBAC), and a coalition of 50 state-wide business organizations, is working with Illinois political leadership on multiple pieces of legislation supporting small business for the upcoming General Assembly. The legislation will foster the recovery of small businesses,…

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