small business

The commission, established to promote equity in state procurement, has come under criticism from the caucus, which claims participation has declined under its oversight. The group also raised concerns about commissioner salaries, alleging members are paid $150,000 annually. #funds #taxpayers #commission

The report evaluates participation across state agencies, boards, commissions, and public universities subject to the BEP Act. #spending #diverse

ICC Chairman Doug Scott said the continued investment reflects positively on both businesses and the state’s economy. #icc #utilities #investments

Craig Katz, president of the Illinois Healthy Alternatives Association, said the mayor’s decision reflects support for entrepreneurship and economic equity. #ordinance #hemp #chicago

In Illinois, 11 percent of all businesses are Black-owned, and Chicago now ranks second in the country for venture capital-backed startups with at least one Black founder. #business

With one of the lowest state estate tax thresholds in the country, Samuel Karnick, senior fellow at The Heartland Institute, warns Illinois’ outdated estate tax continues to threaten the future of generational farms, even as the federal government moves to ease the burden. #tax

Instead, we call for thoughtful, equitable solutions that support—not sacrifice—the pillars of health and economic well-being in underserved communities. #MFN

This bill will also make it more difficult for small businesses to provide affordable health insurance for employees, which is one of the biggest financial challenges small business owners face. #aca #prescription

A majority (78%) of Illinois small business owners support solutions that would allow individuals with previous criminal records to have fairer access to occupational and professional licensing. #licensing

Casto said small business owners cite challenges like revenue losses and higher rent prices, but many also point to higher interest rates. #rent #business #illinois