The Small Business Advocacy Council is excited to announce it will be represented by SBAC President and Co-Founder, Elliot Richardson, on Governor-Elect Pritzker’s Job Creation and Economic Opportunity Transition Committee! For full details, please see our full press release below.
On November 30, 2018 The Illinois Department Of Employment Security, (IDES) mailed the 2019 Rate Determination. Check the Rate Determination as soon as it is received, as the employer has until December 17, 2018 to protest if the rate is incorrect. The 2019 minimum and maximum rates were reduced from the 2018 rates.
2019 Minimum Rate 0.475% reduced from 0.525%
2019 Maximum Rate 0.875% reduced from 6.925%
2019 Taxable Wage Base $12,960.00
The cost per employee at the minimum rate will be $61.56, per employee who earns $12,960.00, in calendar year 2019. The 2018 cost per employee was $68.04.
The cost per employee at the maximum rate will be $891.00, per employee who earns $12,960.00, in calendar year 2019. The 2018 cost per employee was $897.48.
If you have any questions, please see the IDES website here or reach out to SBAC staff for additional resources.
ICYMI – SBAC President and Founder, Elliot Richardson, was on the Mighty House Radio Show on 1590AM WCGO. The program is hosted by longtime SBAC Member, Ron Cowgilll with D/R Services Unlimited, Inc.. The discussion focused on SBAC advocacy victories in 2018 and a forecast of what to expect in 2019. You can list to the full clip below:
The SBAC strongly supports bipartisan legislation that will empower small businesses to compete for top talent and address the student debt crisis. This is exactly the type of work politicians should be focused on in DC.
According to the personal finance website, Make Lemonade, over $1.5 trillion in student loan debt is owed by more than 44 million borrowers in the U.S. — an average of about $40,000 owed per student. Many college graduates, working entry level jobs, struggle to make their student debt payments.
Small businesses are also impacted by the whopping student debt owed by prospective employees.
While some businesses may offer job applicants assistance with their student loans, many smaller companies do not have the capacity to provide such a benefit. This makes it more difficult for smaller businesses to compete for talented professionals.
To learn more, read the Elliot Richardson’s piece in the Daily Herald Business Ledger about galvanizing grassroots support to pass H.R. 795, sponsored by Congressman Rodney Davis (R-IL) and Congressman Scott Peters (D-CA).
We already have snow, so we might as well have a celebration! Join us for the SBAC Chicago Holiday Party on December 13th at the Make Offices in River North. There is no fee to attend, but donations are appreciated! Click here to register. Interested in sponsoring the event? Click here!
These changes will play a key role in the shaping the political discourse and priorities on a federal, state and local level next year. However, we want to focus on one aspect that received little coverage: the massive amount of turnover in the Illinois General Assembly. Prior to the election, 32 House Members (15 Democrats, 17 Republicans) and 12 Senators (6 Democrats, 6 Republicans) retired, ran for a different office or lost their primary. An additional eight House incumbents and three Senate incumbents lost re-election, bringing the total turnover to 33% in the House and 25% in the Senate. For the total score count 29% of the districts in the General Assembly will have a new sitting legislator.
With so many new faces in the legislature, small business owners have the opportunity to work with and educate 40 newly elected officials on the priorities of small businesses. It is incumbent on us to reach out to call the new members and let them know about the SBAC and our priorities for small business. Below you can find information on all new appointments and recently elected officials.
Meet the New Faces of Springfield
Illinois Senate – 8th District (West Ridge, Lincolnwood, North Park, Morton Grove)
Priorities include: tax fairness, safe communities, education, minimum wage, healthcare, the environment, LGBTQ Rights, Women’s Rights College Affordability, Immigration, Anti-Hate.
Illinois Senate – 13th District (Hyde Park, Woodlawn, South Chicago, South Deering)
Appointment Unfulfilled. The seat is currently held by Senator Kwame Raoul (DEM) who successfully won the race for Illinois State Attorney General.
Illinois Senate – 21st District (Naperville, Wheaton, Carol Stream, West Chicago, Bloomingdale) Laura Ellman (DEM)
Priorities include: Clean up Springfield, Fiscal Responsibility & Good Government, Rebuilding our economy, K-12 Education, Higher Education, The Environment, Protecting our healthcare, Gun Violence & School Safety, Working for people with disabilities.
Priorities include: Taxes & Government Spending, Education, Gun Violence Prevention, Healthcare, Good Government & Leadership, the Environment.
Illinois Senate – 27th District (Palatine, Arlington Heights, Mt. Prospect, Rolling Meadows) Ann Gillespie (DEM)
Priorities Include: Solving Illinois’ Fiscal Crises, Public Education, Infrastructure Investment, Healthcare, Responsible Gun Regulation, Protecting Our Environment, Making Elections Fair, Strong Unions & a Living Wage Build the Middle Class, Retirement Security for our Civil Servants, Invest in our Seniors, The LGBTQ Community, Serving Those Who Served.
Illinois Senate – 32nd District (McHenry, Fox Lake, Woodstock, Spring Grove, Harvard) Craig Wilcox (REP) *Appointed in October 2018*
Priorities Include: Property Taxes, Population Loss, Pension Reform, Transparency.
Illinois Senate – 33rd District (Huntley, Hampshire, West Dundee, Huntley, St. Charles, Geneva) Donald DeWitte (REP) *Appointed in September 2018*
Illinois House – 42nd District (Wheaton, Carol Stream, Naperville) Amy Grant (REP)
Priorities Include: Advance the Reform of Fiscal Decision Making, Restore the Full Faith & Credit of Illinois, Dedicate New & Improved Revenue Streams to Debt Reduction, Restore Our Standing as Leaders in Education from Preschool to Higher Learning, Higher Wages & More Tax Paying Employees, Reduce Regulations on Job Creators, Provide Incentives for Higher Learning Institutions, Expand Trade Education & Opportunities for Students.
Illinois House – 47th District (Elmhurst, Hinsdale, Westmont, Oakbrook, Western Springs) Deanne Mazzochi (REP) *Appointed in July 2018*
Priorities Include: Repeal the 32% Madigan Tax Increase, Rein in Government Spending & Balance the Budget, Stand up for our 2nd Amendment Rights, Replace Madigan by Enacting Term Limits, Reduce Taxes & Empower Businesses to Create Jobs, Fight for the Life of the Unborn.
Illinois House – 109th District (Carmi, Mt. Camel, Fairfield, Flora, Olney, Lawsonville, Newton) Darren Bailey (REP)
Priorities Include: Abortion, 2nd Amendment Rights, Education, Jobs, Transparency & Term Limits, Property Taxes, Income Taxes.
Illinois House – 110th District (Robinson, Marshall, Casey, Charleston, Mattoon) Chris Miller (REP)
Priorities Include: Term Limits First, Business First, Family First, Constitution First.
Illinois house – 111th District (Godfrey, Bethalto, Alton, East Alton, Wood River) Monica Bristow (DEM) *Appointed in 2017*
Priorities Include: Grow Number of Jobs, Secure Our Current Jobs, Mental Health Awareness.
Illinois House – 118th District (McLeansboro, Eldorado, Harrisburg, Carbondale, Metropolis) Patrick Windhorst (REP)
Priorities Include: Lower Taxes, More Jobs, Less Spending, Term Limits, Conservative Values, School Funding.
As you know, Small Business Saturday is coming up on November 24th. This nationally recognized event started in 2010 as a marketing campaign, but less than a year later, the U.S. Senate unanimously passed a resolution in support of the day.
Obtaining a license to do business in Illinois should not create unnecessary barriers for entrepreneurs or be an overly burdensome process. An Illinois state license is now required for roughly 400 occupations. While public health and safety must come first, new licenses should not be created unless they are necessary to protect the safety and welfare of the public. New licenses that are established by the legislature should also be crafted in the least restrictive manner to achieve its objectives.
Please use this tool to contact your House Member and ask them to pass HB5212 during the fall legislative session. HB5212 will provide legislators a way to obtain objective information about any safety risks a proposed license will address and the economic impact associated with the license. This legislation, named the Regulatory Sunrise Review Act, will provide legislators with a process for receiving information and analysis from independent parties regarding whether a new license is warranted, the reasons for the license, how it will impact the economy and how to craft necessary licenses in the least restrictive way to ensure it is effective.
We ask you to contact your representative in the Illinois General Assembly and urge them to co-sponsor this important legislation to ensure legislators have the full picture before approving new occupational licenses for industries.
Last week, SBAC’s Director of Communications, Kimberly Brisky, went on AM 1160 to talk about the issues impacting small businesses. She was interviewed by Whit Brisky, an SBAC Member, partner at Mauck & Baker, LLC and her dad! The full audio can be heard below: