Elgin Area Chamber Of Commerce: EAC Joins The Initiative Chambers All In For Economic Recovery For Its Second Year.

Press release from the Elgin Area Chamber of Commerce:

March 07, 2022

Chambers All In for Economic Recovery is a collaboration of 50 Chambers of Commerce across Illinois. The coalition calls on the Illinois Legislature to prioritize economic and regulatory relief for Illinois' businesses. It is the mission of all chambers to support our respective business communities and help ensure that businesses can thrive for years to come.

Last spring, Chambers All In for Economic Recovery launched its inaugural platform. The coalition releases its updated platform for 2022. 

If enacted, the coalition identified a platform that would create a foundation for economic recovery. The platform includes ways to help diminish the financial hardships businesses face amid a labor shortage, spur economic development and recover from the devastating impacts of the COVID-19 pandemic.

• Utilize American Rescue Plan Act funding to help replenish the unemployment trust fund alleviate the impending financial drain from the state’s businesses.
• Provide legal protections to employers who follow the CDC established safety guidelines from claims that COVID-19 was contracted at the place of business.
• Restructure the Minimum Wage Credit’s incremental phase-out to allow small businesses to capture the original intent of the credit.
• Extend the EDGE credit sunset clause out for another ten years and utilize the tax credit as an incentive to attract new businesses to the state and allow for the growth and development of existing companies.

In addition to the items above, Chambers All In for Economic Recovery calls for collaborative solutions to the state’s ongoing workforce challenges. The coalition recognizes the importance of having a ready, willing, and skilled workforce for the future of our state’s economy. We call on the state to develop innovative programs, support pilot programs, invest in K-12 career awareness programming, and assist in scaling successful workforce programs for other communities and industries. We urge Illinois legislators to create an environment and funding models that allow the private sector to drive the training demand for employers.

The coalition will work this platform with legislators and call for action this spring. We urge you to get involved and spread the message with us during this time. We commit to being a voice for our members, and our partner chambers will collectively work for tangible relief for our communities' businesses.

If you or your business wants to learn more on the Chambers All in for Economic Recovery platform, please contact us at 847-741-5660.

Chambers All In for Economic Recovery is a collaboration of 50 Chambers of Commerce across Illinois. The coalition calls on the Illinois Legislature to prioritize economic and regulatory relief for Illinois' businesses. It is the mission of all chambers to support our respective business communities and help ensure that businesses can thrive for years to come.

Last spring, Chambers All In for Economic Recovery launched its inaugural platform. The coalition releases its updated platform for 2022. 

If enacted, the coalition identified a platform that would create a foundation for economic recovery. The platform includes ways to help diminish the financial hardships businesses face amid a labor shortage, spur economic development and recover from the devastating impacts of the COVID-19 pandemic.

This press release was produced by the Elgin Area Chamber of Commerce. The views expressed here are the author’s own.