I strongly urge the legislature to pass a bill that requires APR disclosures to protect small businesses across our state in the next legislative session. Illinois’ entrepreneurs deserve the transparency needed to make informed financial choices about what’s best for their small businesses.
Small Business News
06/17/2025 |
The Washington Post
Elaine Read only learned of the credit this month. The owner of Xocolatl, an Atlanta-based chocolate company with 10 full-time employees, she first gave one of her workers three months of paid family leave five years ago. She has since done the same for a second worker and expects to authorize a third one soon. She has wanted to expand the benefit — to allow workers to care for an ailing relative, for example, or make it available to her seven part-time employees — but has worried about the expense. “That credit would open up another window,” she said.
06/15/2025 |
NNY 360
The Solages-Ramos bill has a fairly wide base of support, including from some small and midsized business groups like Main Street Alliance, which is a small business advocacy group, and the Small Business Majority, another advocacy group.
06/13/2025 |
Marketplace
“There were credits for solar to support solar installation. There were small businesses that made a living out of essentially marketing those tax credits and going to homeowners or going to businesses. Same goes for energy-efficient home improvements, and this bill would just about immediately terminate them,” said Michael Negron.