SPRINGFIELD – State Senator Christopher Belt moved a bill out of the Senate Thursday that would provide better financial protections for small businesses in the state.

“There are small businesses around the state, especially in my community, that have faced challenges in accessing fair and transparent financing options that have allowed them to fall victim to predatory lending,” said Belt (D-Swansea). “These businesses are the backbone of our communities and they should be uplifted, not burdened with financial hardship and business failure.”

Senate Bill 2234 would create the Small Business Financing Transparency Act, which would provide protections for small businesses when taking out a loan by requiring key financial terms such as the amount financed, fees and the annual percentage rate be clearly disclosed at the time an online or non-bank provider makes an offer for a loan.

SPRINGFIELD – State Senator Christopher Belt advanced a measure out of the Senate that aims to identify and correct inequities some individuals face when seeking loans, mortgages or other financial services.

“We should be welcoming and encouraging residents to take the steps needed to buy a home or own a small business, not deter them through unfair lending practices,” said Belt (D-Swansea).  “This legislation will help combat those issues and empower individuals with the financial tools and resources necessary to thrive.”

Senate Bill 3235 builds off previous legislation that incentivizes state-regulated financial institutions to meet the financial service needs of areas where there is a lack of access to affordable banking, credit for small businesses, reasonable interest rates, mortgages and other lending services.

 EAST ST. LOUIS – To address the nursing shortage rural communities are currently facing, State Senator Christopher Belt helped secure $150,000 in funding for nursing student scholarships at McKendree University.

“In order to end the nursing shortage in smaller communities, we need to hone in on incentives and other investments that shine light on this career path,” said Belt (D-Swansea). “Nurses are essential in our hospitals, and we cannot afford to continue seeing declining numbers of them.”

The Illinois Board of Higher Education awarded a total of $150,000 through a nursing school grant to McKendree University. The grant was awarded through a competitive application process where institutions submitted enrollment, retention, completion and job placement rates of their students during a multi-year period and how grant funds would be used to enhance their program’s efforts to close equity gaps and improve student success.

Nursing school grants will be used to enhance nursing programs and efforts to close equity gaps in enrollment, course completion, graduation and licensure by underrepresented students. Funds may be used for hiring additional nursing faculty and staff, developing and expanding instructional programs and modalities, expanding academic support services, improving classroom and lab spaces, purchasing equipment and instructional materials and more.

“Investing in our health care workforce not only strengthens our local hospitals and other health care systems, but it also ensures that people have immediate access to quality care,” said Belt. “I’m pleased IBHE provided funds to McKendree’s nursing program so we can continue to grow quality, trained nurses down here in the Metro East.”

To see a full list of nursing school grant awardees across the state, click here.

SPRINGFIELD – State Senator Christopher Belt advanced a measure out of the Senate Executive Committee Wednesday that aims to identify and correct inequities some individuals face when seeking loans, mortgages or other financial services.

“Access to fair lending services, reasonable banking and other financial assistance is fundamental to economic development and stability,” said Belt (D-Swansea). “However, there are many communities across the state that face systemic barriers and disparities that hinder their ability to fully participate in the economy such as running a successful business or owning a home.”

SPRINGFIELD – Beginning Jan. 1, a new law from State Senator Christopher Belt will put an end to traffic stops from law enforcement that solely involve minor windshield obstructions.

“This measure is not about hindering officers but about creating an understanding between law enforcement and drivers about what a legitimate reason is to be pulled over,” said Belt (D-Swansea). “With this new law, we are sending a powerful message that the state does not tolerate racial profiling or other forms of discrimination.”

Starting Jan. 1, law enforcement officers cannot stop or search a vehicle because of a small item between the driver and the windshield such as decorations, disability placards, GPS systems and air fresheners. With concerns that traffic enforcement practices such as this disproportionately affect certain communities, this new law will prevent officers from using a minor windshield obstruction as a pretext to pulling drivers over but adds that the item cannot materially obstruct the driver’s view.

DUPO — Motorists who need to renew their driver’s licenses and purchase vehicle stickers can attend a free mobile unit event Saturday sponsored by State Senator Christopher Belt.

“The mobile unit makes it easier for people to receive necessary services while cutting wait times,” said Belt (D-Swansea). “I encourage residents to stop by if they need to renew their licenses or vehicle registration.”

The free event is on a first come, first serve basis and will be held Saturday, Nov. 18 from 10 a.m. to 2 p.m. at the Dupo Village Hall, located at 107 N. 2^nd St. The unit operates like a DMV office and offers driver’s license renewals, identification cards and license plate stickers.

Belt invites local veterans to utilize this event to add a veteran designation to their driver’s license or state ID. For veteran designation, residents must bring their DD-214 or Form 13038. For more information about veteran ID services, call the Illinois Department of Veterans’ Affairs at 1-800-437-9824.

With questions or for additional information, contact Senator Belt’s office at 618-875-1212.

EAST ST. LOUIS — State Senator Christopher Belt helped secure a $2.4 million grant for the Metro East Auto Task Force — a move that will prevent carjackings, vehicle theft and break-ins throughout the community.

“The uptick in carjackings is a disturbing trend,” said Belt (D-Swansea). “Innocent people are being targeted by this senseless crime across Illinois — and particularly in the Metro East.”

With carjackings on the rise, Belt stood alongside Secretary of State Alexi Giannoulias to announce a $2.4 million grant for the Metro East Auto Task Force. The group is a collaborative effort between law enforcement agencies to investigate and prevent auto thefts, carjacking and other related crimes.

SPRINGFIELD – A new law championed by State Senator Christopher Belt will tackle the increasing number of food deserts in Illinois.
“Everyone should be close to fresh and affordable food,” said Belt (D-Swansea). “This new Grocery Initiative Act will provide crucial support to grocery stores in areas where they are needed most.”

Under the new law, the Department of Commerce and Economic Opportunity will be required to provide grants and other forms of financial assistance to grocery stores located in or to be located in a food desert. This aims to help mitigate the issue of food deserts across the state. An area is considered a food desert when urban residents have to travel more than a half-mile and rural residents more than 10 miles to get to the nearest grocery store.

“When communities lack grocery stores, it can have a significant impact on the health and well-being of residents,” said Belt. “With this new initiative, we are heading in the right direction to ensure everyone has easy access to healthy food.”

Senate Bill 850 was signed Friday.