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  • jbt 120817PLAINFIELD- Starting a new business in Illinois will be much more affordable, due to a law championed by State Senator Jennifer Bertino-Tarrant (D-Shorewood).

    Bertino-Tarrant co-sponsored Senate Bill 867, which will reduce startup fees for businesses to register in Illinois and was signed into law today.

    “This new law will assist economic development and job opportunities in our communities,” Bertino-Tarrant said. “Cutting filing fees is a meaningful step in showing Illinois business owners that we want to be partners in growing our economy. Illinois businesses are investing in our communities; we must show them the state is investing in them.” 

    This new law will adjust LLC fees across the board to update charges to bring them in line with what corporations pay in fees.  For example, the current filing fee to create a new LLC in Illinois is $500. SB 867 would fix it at $150. The current annual filing fee for LLCs is $250, and SB 867 would lower it to $75.

    “Small businesses have always played a major role in the Joliet region’s economic growth,” Mary Jaworski, President of the Joliet Region Chamber of Commerce and Industry said. “The new law to lower the startup fees for small businesses is a great step in improving the perception of the business climate in the State of Illinois.  In addition, those who have thought of becoming entrepreneurs now have one more solid reason to consider this region as a place to start up and conduct business.”

    This bipartisan legislation was supported by over 50 chambers and business development organizations throughout the state.

    “Senator Bertino-Tarrant is a true advocate for our community,” Margaret Westlove, President of the Romeoville Area Chamber of Commerce said. “She understands that small businesses are the backbone of our economy and create new jobs every day in our communities. This new law is testament to the Senator’s hard work and dedication to supporting small businesses in Will County.”

    Bertino-Tarrant states this new law will give small businesses in Will County a chance and serves as a symbol of the importance of businesses across the state.

    "This new law will eliminate hurdles and make it more affordable for inspiring first time business owners to start their business in Will County,” Tasha Marsaglia, President of the Plainfield Area Chamber of Commerce said.

    The new law will go into effect immediately.

  • jbtjobfairJOLIET — State Senator Jennifer Bertino-Tarrant (D-Plainfield) partnered with the Illinois Department of Employment Security to hold a successful hiring fair this week.

    “Job fairs are important for connecting employers with community members who are looking for work,” Bertino-Tarrant said. “I enjoyed meeting those who attended, and I look forward to having future events that will help people obtain employment.”

    More than 50 people showed up to meet with representatives from participating businesses. The first hour of the hiring fair catered specifically to veterans.

    “Our veterans have loyally served our nation, and I’m committed to doing what I can to make sure they’re employed,” Bertino-Tarrant said.

    Details on Bertino-Tarrant’s upcoming events are on her website.

  • jbt commutertaxSPRINGFIELD— Small businesses often face too much red tape when dealing with the state.

    With HB 3887, which was signed into law today, State Senator Jennifer Bertino-Tarrant (D-Shorewood) hopes to make that process as efficient as possible and help improve the state’s business climate.

    “Small businesses are the backbone of our communities,” Bertino-Tarrant said. “This law is an important step in helping our business owners cut through the unnecessary red tape.”

    HB 3887, which Bertino-Tarrant sponsored in the Senate, is designed to identify and eliminate state regulations that are unreasonable or overly burdensome to small businesses.

    State agencies will now be required to complete an initial review of rules, regulations and processes related to small businesses within one year of the legislation becoming law. Subsequent reviews would take place every five years thereafter.

    According to the Small Business Administration, small businesses employ 48 percent of the private-sector labor force in Illinois.

    HB 3887 goes into effect on January 1 of next year.

  • harris 052316SPRINGFIELD- Small businesses may soon have better opportunities at acquiring and maintaining contracts with the Illinois Department of Transportation, thanks to a proposal the legislators approved Thursday.

    House Bill 4477, which passed the Senate 56-0, requires contracts using the services of a subcontractor to include terms for making advanced payments to the subcontractor for preliminary spending purposes, such as purchasing tools and machinery for a project.

    “The goal is to promote small business participation in state contracts,” State Senator Napoleon Harris (D-Harvey) said. “Subcontractors are often in a position where they’re waiting far too long for a payment. That’s unacceptable.”

    Small contracting firms struggle to take on subcontracts due to payment delays from prime contractors. Mobilization payments to a subcontractor would be based on the total value of the subcontract on a tiered scale.

    The legislation was approved in both chambers and will head to the governor.

  • silversteins at jobfair"We are happy with the great turnout at our first-ever hiring fair in the 8th District," said Senator Ira I. Silverstein (D-Chicago), after 150 job seekers connected with roughly 40 employers on Thursday.

    The event at West Ridge Elementary School featured a variety of positions available with several different types of employers. Held in partnership with Alderman Debra Silverstein (Chicago-50th Ward) and the Illinois Department of Employment Security, the hiring fair drew small businesses, large corporations and municipal organizations.

    "Our expectations for helping Chicagoans find opportunities for employment were exceeded today," Silverstein said. "We will be assessing our results and how we can improve as we look into future events like this."

     

     

  • 30436737336 4bc59f3a5c bSPRINGFIELD – Out-of-state online retailers will have to pay their fair share of local sales taxes – just like local companies must do – if they want to do business in Illinois, according to a U.S. Supreme Court ruling today that garnered praise from State Senator Cristina Castro.

    “Times are different now, and a lot of people do their shopping online. It is important that out-of-state businesses are held accountable to their share of state revenues,” said Castro, an Elgin Democrat and the sponsor of a successful bipartisan measure that was contingent upon today’s ruling. That plan was incorporated into the state budget that was signed into law June 4.

    Previously, out-of-state e-commerce retailers do not have to collect a sales tax, a practice that undercuts local retailers and denies revenue for local needs, such as road, bridge and sewer repairs.

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  • TCullerton biz feesVILLA PARK – Small businesses in Illinois will no longer have to pay excessive startup fees, thanks to Villa Park State Senator Tom Cullerton.

    Cullerton’s bipartisan initiative, Senate Bill 867, decreases the filing fee for small businesses to register in Illinois. 

    “This new law displays our state’s commitment to stimulating and revitalizing Illinois’ economy,” Cullerton said. “Cutting startup fees will help new businesses get off the ground and set up roots here in Illinois. Encouraging economic development in our state will help create new jobs, increase the tax base and grow our economy.”