Originally published in EIN Presswire, February 22, 2021.

Representative Jennifer Gong-Gershowitz has filed the RISE Act in the General Assembly. The Small Business Advocacy Council (SBAC) urges legislators to pass the RISE Act (Recovery Initiative to Support Employment) to get people back to work and support small businesses.

The pandemic has had a devastating impact on the small business community. Many small businesses have closed their doors and others have had no choice but to lay off valued employees. Independent contractors are struggling.

The SBAC has worked alongside State Representative Jennifer Gong-Gershowitz and Senator Ram Villivalam on legislation that will provide resources for small businesses to retrain and hire individuals who are unemployed because of the pandemic. The incentives will only be available for new hires and benefit Illinois’ economy in the long run by replacing unemployment payments with tax revenue.

Read more ...

Originally published on CBS Chicago, February 8, 2021.

CHICAGO (CBS) — Only on 2. It’s yet another unemployment frustration. A suburban woman can’t do her taxes because of how much the state wrongly paid her. The amount has to be reported to the IRS.

CBS 2’s Suzanne Le Mignot has been following the woman’s money troubles for weeks.

We first spoke to Rimma Brodetsky last month.

“It’s a very hard time right now,” Brodetsky said.

Read more ...

Originally published in Journal & Topics, January 20, 2021.

The Niles Chamber of Commerce and Industry will celebrate its 50th anniversary during an online leadership celebration at 7 p.m. Thursday, Jan. 28, where Mayor Andrew Przybylo will deliver his annual State of the Village address and members of the chamber’s board of directors take their oath of office.

The event will also see chamber members honored for significant 2020 anniversaries while other speakers, including U.S. Rep. Jan Schakowsky (D-9th) and State Sen. Ram Villivalam (D-8th), give updates from Washington, D.C., and Springfield, along with outgoing chamber President Vince Gendusa and incoming Chamber President Christine Pusateri.

Entertainment will be provided by students from Maine Township High School Dist. 207, Niles High School Dist. 219 and Notre Dame College Prep.

Read more ...

Originally published on Law360, January 5, 2021.

Illinois would provide income tax credits to businesses for each employee hired who had previously been unemployed because of the novel coronavirus pandemic, under three separate but related bills introduced in the state Senate.

S.B. 4006, S.B. 4010 and S.B 4020, which were introduced Monday and sponsored or co-sponsored by Sen. Ram Villivalam, D-Chicago, would allow credits for businesses that hire employees who are unemployed as a result of the pandemic immediately prior to their hiring.

S.B. 4010 and S.B. 4020 would both provide credits to employers that hire a qualified resident to a new full-time job for taxable years between Jan. 1, 2020, and Jan. 1, 2025. The bills would provide $2,500 per hire for businesses with 100 to 500 employees and $5,000 for businesses with up to 100 employees. S.B. 4010 would also establish a $1,500 credit for businesses with over 500 employees.

Both bills would also increase credit amounts by $500 per hire if the employee resided in designated areas meeting a threshold poverty rate, unemployment rate or participation rate in free child lunch or nutrition assistance programs.

S.B. 4006 provides credits similar to S.B. 4020's but would not limit them to employees that are hired to a new full-time job and does not offer additional amounts for hires from designated areas.

The bills have been referred to the Senate Assignments Committee for review.