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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.

  • 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.”