The SBAC Heads to Springfield to Fight for the Small Business Community
The Small Business Advocacy Council (SBAC) is heading to the capitol on Tuesday, November 15, 2022. We will be focused on procuring relief for local chambers of commerce devastated by the pandemic during the short legislative session this fall. It is imperative our policymakers support the local chambers which supported small businesses throughout the pandemic.
We will also be working to pass House Bill 3215. This bill will support small businesses struggling to hire employees, foster opportunities for formerly incarcerated individuals, improve public safety, and reduce the costs of incarceration. This legislation will provide for wage subsidies for businesses that hire formerly incarcerated individuals and an increased tax credit for small businesses that hire returning citizens.
The best way for the small business community to have a seat at the table is to be in the room! Look for updates from Springfield on our website and social media this Tuesday.
Follow our journey and progress by bookmarking this page for live updates: SBAC in Springfield - Small Business Advocacy Council | SBAC
Support Small Business and Prevent Foreclosures
The COVID-19 pandemic continues to have a devastating impact on the small business community. Many small businesses are struggling to pay their employees and rent. Commercial property owners cannot pay their mortgage when their small business tenants cannot pay rent. Without swift action, small businesses will fail and foreclosures will skyrocket. Federal Legislation Needed The…
SBAC’s Elliot Richardson on WGN Radio
SBAC’s Elliot Richardson talks with Anna Davlantes on WGN Radio about the impact the pandemic has had on the small business community. There has never been a more important time to stand with small business than right now! Listen to the whole 8-minute interview here: Listen to the Interview Here
Restart Act
THE RESTART ACT The RESTART Act provides a new loan program to fund six (6) months of payroll and fixed operating expenses. Some, or the entirety of the loan, is eligible for forgiveness. The amount that is not forgiven is to be repaid over seven years with favorable interest rates. The loan is 100% guaranteed…
