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Rebuilding Lives and Businesses Hard-working Americans had no idea what was coming in February of 2020.  It seemed unfathomable that many small businesses would face the possibility of permanently closing or their employees would be without jobs in the spring.   With the resurgence of Covid-19 cases, the situation for both small businesses and their…

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Congress Must Provide Relief to Local Chambers and Business Organizations 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…

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Make Minority Contracting Reforms Now The COVID-19 pandemic has had a devastating impact on the small business community. With businesses struggling, government contracts are even more important to many small businesses, including minority owned businesses with limited cash reserves and access to capital. The failure of governmental entities at all levels to ensure that minority…

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Urge Politicians to Make PPP Loans Deductible ACTION CALL: Urge Politicians to Make PPP Loans Deductible to Support Small Businesses The Paycheck Protection Program Flexibility Act of 2020, or PPP, was passed in order to provide small businesses across the United States crucial relief during widespread government shutdowns due to the COVID-19 pandemic. These loans…

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SBAC Action Call – Support the R.I.S.E. Act! Urge Politicians to Help Create Jobs and Support Small Businesses With the resurgence of COVID-19 cases in Illinois, our politicians must act quickly to help those who have lost their jobs or businesses get safely back to work.  State Senator Ram Villivalam has filed legislation that will…

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Chamber Stimulus

501(c)(6) Relief Stimulus for 501(c)(6) Organizations Small businesses, nonprofits, and chambers of commerce across the nation are struggling to stay afloat during the COVID-19 pandemic.   While the CARES Act included relief for 501(c)(3) organizations, 501(c)(6)s were inexplicably excluded from this important legislation that would have provided significant aid to these crucial nonprofits, including local…

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Occupational Licensing Reform

Occupational Licensing Reform Why Occupational Licensing Needs Reform Occupational licenses are issued to protect the public’s health, safety and welfare. The number of required licenses in Illinois has grown from a handful in the 1950’s to over 430 today. Policymakers across the political spectrum are challenging states to examine occupational licensing and its impact on…

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prevent foreclosures 2020

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…

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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…

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R.I.S.E. Act – A Word from RISE Fest Performers COVID19 has had a devastating impact on many gig workers and independent contractors. During our SBAC Rise Fest, we had a chance to speak candidly with our local performers on how they’ve been affected by the pandemic. They explain the loss in their community, in their…

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