ROCKFORD, Ill. – Committed to helping small businesses and growing the local economy, state Rep. Dave Vella, D-Rockford, filed legislation to help starting businesses and reward job creators in our local communities.
“The COVID-19 pandemic significantly hurt our state and local economy especially hurting small businesses and creating unemployment,” said Vella. “Now more than ever, we need policies that will help grow small businesses and create new jobs.”
House Bill 606 creates new state and local tax credits for businesses that create jobs in Illinois. Vella recently introduced House Bill 606 to help create jobs and grow small businesses across the state. The legislation creates new state and local tax credits for job creators in Illinois with additional incentives for the more jobs created. Realizing that economic recovery will require more than a one-size-fits-all approach, Vella’s legislation further incentivizes job creation in smaller communities. This will help small businesses and job creation across the state, rather than just Chicago.
House Bill 606 is just one of several bills Vella introduced to help workers and small businesses. Vella is sponsoring legislation that will expand insurance for businesses interrupted by emergency orders (House Bill 3148) and incentivize businesses investing in the wellbeing of their employees (House Bill 3286). Vella is also working on legislation to expand vocational training in our schools to help prepare students for high wage jobs and careers in the trades (House Bill 82 and House Bill 2759).
“As a small business owner, I know the important role they play as the backbone of a local economy,” said Vella. “This legislation is a long term investment in Rockford and communities across the state as we move forward towards economic recovery.”