October Government Affairs Report

Workforce Development Webinar: Exploring Second Chance Employees to Meet Workforce Needs

To address the workforce shortages of our Chamber Members, Business Works is hosting a complimentary webinar on second chance employees (those with a past criminal record).  Topics will include discussion of area programs in which members can tap to create a pipeline of these workers, employer tax credits and liability protections available, and a success story of one of our Chamber Members who built his business model on hiring these workers.

Tuesday, Oct. 19th

3:30 – 5:00 pm

Register here

Below are resources to explore hiring second chance workers:

  • Click Here for my recent Positively Naperville Article on the topic with resource links
  • Click Here to listen to a recent U.S. Chamber webinar discussing various aspects of hiring second chance workers

1031 Like Kind Exchange Call to Action

As I reported in my last article, our NACC Board voted to advocate to keep the 1031 Like Kind Exchange as currently written in the federal tax code. An entourage of Chamber Members met with Congressmen Foster and Casten.

We are expecting the major threat to the 1031 being capped or removed from the federal tax code in the coming days as Congress discusses how to fund the proposed 3.5 trillion federal budget.  Should the 1031 become up as a “Payfor” we will be sending a call to action email to all Chamber Members to reach out to our Congressional delegation to oppose.  Please keep an eye out for this email should things move in that direction.

Below are short videos of our Chamber Members sharing the value of the 1031: 

Sean LaFortune, CPA Wipfli, Business Works Chair and NACC board member: https://youtu.be/9lIDKuKcMRQ

Bill Caton, Founder Caton Commercial Real Estate

As always, please reach out if you have questions or want to discuss a policy on your industry’s radar.

Reba Osborne, Director of Government Affairs


(630) 544-3387

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