Category Archives: SBAC News

SBAC: Lawyers Virtual Town Hall


The SBAC is hosting a virtual lawyers town hall Q&A on Wednesday (9/23,) from 11:00 AM-12:15 PM. Our panel of attorneys will cover topics on the COVID-19 pandemic’s continued impact on small businesses, families, and schools.

Our panelists include:

  • Erich Buck-Adelman & Gettleman Ltd.
  • Kate Curler-Law Office of Kate Curler
  • Mohammed Lahkani-Kriha Boucek LLC

This virtual town hall is free to attend and sponsored by Saul Ewing Arnstein and Lehr!

Click here to register!

SBAC, Business Interruption Insurance and Risk & Insurance Editorial


The Small Business Advocacy Council has been keeping a keen eye on business interruption insurance. Recently an article was published by Risk & Insurance talking about some of the carrier support that has been given to the idea of a federal backstop for insurance claims regarding the COVID-19 Pandemic.

SBAC’s own Scott Baskin was featured in the article stating “That is what all these business owners thought they were buying with all the years of premiums,”. “This legislation will make it possible for small business owners to have the protection they need to run their businesses.”

Read the full article here.

SBAC Graduated Income Tax Town Hall 9-24-2020


You have likely been inundated by commercials about the graduated income tax constitutional amendment.  Those supporting and opposing the graduated income tax are pulling out all the stops before people vote on this important issue.

The resounding success of our last Graduated Income Tax Town Hall has prompted the IACCE and SBAC to partner on a follow-up forum.  Ralph Martire and Leslie Munger will return to answer your questions about the proposed graduated income tax.

This Town Hall forum will take place on September 24th, from 9:30AM – 11:00AM.

You can register here for the Graduated Income Tax Forum

  • Ralph Martire is the Executive Director for the Center for Tax and Budget Accountability and Rubloff Professor of Public Policy at Roosevelt University. Ralph will present arguments in support of the ballot initiative.
  • Leslie Munger is the Former Illinois Comptroller and Deputy Governor.  Leslie will present arguments against the ballot initiative.

 

Ginny Glasner, IACCE Chair of the Board will give introduction remarks.  SBAC President Elliot Richardson will moderate the town hall.

Small Business Community Hears Arguments on the Graduated Income Tax


The SBAC and the Illinois Association of Chamber of Commerce Executives (IACCE) hosted a virtual town hall regarding the ballot initiative for the proposed graduated income tax. This nonpartisan town hall offered perspectives in favor and opposition to the proposed initiative.

Our panel included Leslie Munger, former Deputy Governor and Comptroller of Illinois, and Ralph Martire, Executive Director of the Center for Tax and Budget Accountability.

To listen to the recording and subscribe to our YouTube Channel, click here.

SBAC Partners with Resolute Strategic Services


SBAC has partnered with Resolute Strategic Services (RSS), a risk-analysis and cybersecurity advisory firm under the elite stewardship of Ron Moultrie, former National Security Agency’s (NSA) Director of Operations.

The RSS team of trusted advisors offers real-world experience to the C-suite and boards in business, non-profit and public sector who need a strategic, holistic approach to assessing organizational risk, understanding cybersecurity vulnerabilities and managing an organization’s digital transformation.

RSS created a FREE CyberSecurity App exclusively for SBAC members as one of our Affinity Programs. The app contains critical information and best practices regarding system security, cyber hygiene practices, alerts for cyber threats, and access to real-time incident response support.

Download the free app on your iOS or Android device today. Take the self-assessment to understand the state of cybersecurity in your organization.

Premier Advocate Spotlight: TeamMerchant


The SBAC is proud to be a member-driven organization. In honor of our Premier Advocate Members, we have added a unique benefit to spotlight each and every one of them.

Today – the SBAC Premier Advocate Spotlight commences with SBAC Affinity partner and Premier Advocate ~ TeamMerchant! TeamMerchant can help reduce your fees, educate on PCI compliance, and provide the perfect fit for merchant services to your business.  Watch a short clip highlighting TeamMerchant and its long-lasting relationship with the SBAC.

Thank you, TeamMerchant, from all of us at the SBAC!

SBAC Action Alert: Support Struggling Small Businesses 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 rent and employees. Small commercial property owners cannot cover their mortgage payments when their small business tenants cannot pay rent. The small business community needs swift action from Congress to prevent foreclosures and more small businesses from failing.

The SBAC has drafted legislation that will help small businesses and property owners through this pandemic. The SBAC’s proposed bill will establish a standardized way for eligible small businesses to defer 75% of their base rent for a period of up to six months. The legislation will also create a new program that will provide a loan to eligible small business commercial property owners who have suffered, or anticipate suffering, a loss of revenue from unpaid rents during the 2020 calendar year in order to pay their mortgage and certain other permanent expenses. The loan will be forgivable to the extent a property owner does not receive any lost rent.

Click here to contact our leaders in Congress and urge them to support this legislation.

Join the SBAC at No Cost


The small business community has been devastated by the COVID-19 pandemic.  Local communities are struggling and we have heard too many stories about small businesses on the verge of closing.

In response to this situation, the SBAC is offering every small business owner, professional, entrepreneur and advocate a free SBAC Advocate Membership. Our advocate members will be consistently informed about SBAC initiatives, receive important information about policies impacting the small business community, and be invited to attend Town Halls with legislators as we navigate the waters ahead.

Our advocate members will also have access to the SBAC’s cost saving affinity programs, which provide businesses the ability to reduce their bottom line in this critical time.

Please click here to become an SBAC Advocate Member.

You will receive a virtual SBAC membership logo for your website and to use on social media.

We hope you join our non-partisan mission to help small business community through this pandemic and into the future.

If you’d like to learn more about other membership tiers and the enhanced benefits at the SBAC, please click here and see the membership breakdown.