Business & Tech
Chamber630: Chambers All In Platform
If enacted, the following items will help bolster a business bottom line and allow for continued growth and investment in Illinois.
Jan 21, 2022
Chambers All In for Economic Recovery releases its 2022 platform below. The overarchingmessage is the same as previous: economic recovery must be a top priority for the businesscommunity. As we approach the second anniversary of the pandemic’s declaration withcontinued efforts against COVID-19, unintended consequences for the effort to stop the spreadof COVID-19 have surmounted and they risk permanently stunting the prosperity of Illinois’businesses.
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If enacted, the following items will help bolster a business bottom line and allow for continuedgrowth and investment in Illinois.
• Utilize American Rescue Plan Act funding to help replenish the unemployment trust fundalleviate the impending financial drain from the state’s businesses.
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• Provide legal protections to employers who follow the CDC established safety guidelinesfrom claims that COVID-19 was contracted at the place of business.
• Extend and expand the Minimum Wage Credit for an additional three years by carryingover each tier of credit for an extra calendar year. For example, the 13 percent credit for reporting periods beginning on or after January 1, 2023, and ending on or before December 31, 2023, would now end onor before December 31, 2024, under the proposed extension/expansion.
• Extend the EDGE credit sunset clause out for another ten years and utilize the tax creditas an incentive to attract new businesses to the state and allow for the growth anddevelopment of existing companies.
In addition to the items above, Chambers All In for Economic Recovery calls for collaborativesolutions to the state’s ongoing workforce challenges. The coalition recognizes the importance ofhaving a ready, willing and skilled workforce for the future of our state’s economy. We call onthe state to develop innovative programs, support pilot programs, invest in K-12 careerawareness programming and assist in scaling successful workforce programs for othercommunities and industries. We urge Illinois legislators to create an environment and fundingmodels that allow the private sector to drive the training demand for employers.
This press release was produced by the Chamber630. The views expressed here are the author’s own.
