summary
Introduced
02/01/2024
02/01/2024
In Committee
04/05/2024
04/05/2024
Crossed Over
Passed
Dead
01/08/2025
01/08/2025
Introduced Session
103rd General Assembly
Bill Summary
Creates the Reducing Barriers to Start Act. Beginning January 1, 2025, this State shall encourage the elimination of all first-year business fees relating to any license or registration for any new business or person establishing a new business, including home-based businesses, whose principal place of business is in this State.
AI Summary
This bill, titled the "Reducing Barriers to Start Act," aims to encourage the elimination of all first-year business fees related to any license or registration for new businesses, including home-based businesses, whose principal place of business is in the state of Illinois. This provision will take effect on January 1, 2025, with the goal of reducing financial barriers for individuals starting new businesses in the state.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Session Sine Die (on 01/07/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4692&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
| BillText | https://www.ilga.gov/legislation/103/HB/10300HB4692.htm |
Loading...