The list of groups supporting the bill includes the Purchasers Business Group on Health and the Small Business Majority.
Small Business News
05/29/2024 |
The Sum & Substance
A national poll released in April by the group Small Business Majority found 59% of small business owners cited a lack of childcare as an impediment to growth and 30% had workers leave because of a lack of childcare.
05/29/2024 |
Politico Pro
The Small Business Majority, another group that opposes ICHRAs, worries that large employers offering the arrangements are divvying up their workforce, sending some employers to the group market and giving others stipends to purchase individual coverage, which could muddy risk pools in the ACA marketplaces. Dumping sicker people onto those marketplaces can raise costs for everyone enrolled in Obamacare plans — many of whom are small business owners, said David Chase, the group’s vice president for policy and advocacy.
05/27/2024 |
Chicago Sun Times
While I’ve been fortunate to come out of the other side of this experience with my business intact, no small business owner should have to navigate this situation. That’s why I’m disappointed the Illinois House is not moving forward with Senate Bill 2234, “The Small Business Financing Transparency Act.”
05/24/2024 |
Senator Ted Budd
The bill is also supported by: U.S. Chamber of Commerce, American Retirement Association and Small Business Majority.
05/21/2024 |
Chicago Sun Times
“Despite the evidence and support behind reform, Illinois small businesses will continue to be targeted by nonbank lenders charging exorbitant interest rates — unbeknownst to the borrower — thanks to the inaction of House committee members,” said Tasha Brown, Small Business Majority’s Midwest director…The coalition of advocates that supported the bill included the Responsible Business Lending Coalition, Woodstock Institute and Small Business Majority.
05/20/2024 |
The Business Journals
In a recent Small Business Majority survey of small-business owners who are parents or have employees who are parents, 59% said a lack of access to affordable child care is hindering their business growth. About 59% said child-care issues forced them to take substantial time away from their business, while 58% said a lack of affordable child care made it harder to start their business.
Bill that requires lenders to disclose interest rates to small businesses blocked in House Committee
“Not only is protecting small businesses from predatory lending the right thing to do, but this legislation has the full backing of industry experts and small business leaders,” said Tasha Brown, Illinois Director of Small Business Majority. “Despite the evidence and support behind reform, Illinois small businesses will continue to be targeted by nonbank lenders charging exorbitant interest rates–unbeknownst to the borrower–thanks to the inaction of House committee members.”
05/20/2024 |
Senator Alex Padilla
“Small business growth is often limited for minority-owned businesses because of the unique barriers these entrepreneurs face when seeking contract and procurement opportunities,” said John Arensmeyer, Founder & CEO of Small Business Majority. “Small Business Majority is pleased to see concerted efforts to support disadvantaged business enterprises included in the Federal Aviation Administration (FAA) reauthorization for 2024."
05/12/2024 |
Associated Press
The new benefits came too late for Carrie Martin-Haley’s family. Neither Martin-Haley, a small business owner in Denver who gave birth to her son in September 2023, nor her husband had any paid time off, so Martin-Haley had to put aside her dreams of opening a brick-and-mortar storefront for her business, Summit Sustainable Goods. “That’s been hard to sit with,” said Martin-Haley, who shared her story through Small Business Majority, an advocacy group that is campaigning for federal paid family leave.