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IL SR0127

IL SR0127
1ST YR BUSINESS FEES-ELIMINATE


summary

Introduced
02/25/2025
In Committee
02/25/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Urges 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 resolution urges the elimination of all first-year business fees for new businesses in Illinois, including home-based businesses. The resolution is grounded in the belief that state regulations can impede economic growth and that the Illinois government should actively support business development. By proposing to waive licensing and registration fees for the first year, the resolution aims to reduce financial barriers for entrepreneurs and small business owners when they are establishing their new ventures. The resolution would apply to any new business whose principal place of business is located in Illinois, potentially making it more affordable and attractive for individuals to start businesses in the state. The resolution also includes a provision to distribute copies of the resolution to key state leadership, including the Senate President, House Speaker, Senate and House Minority Leaders, and the Governor, to ensure the proposal receives appropriate attention and consideration.

Sponsors (1)

Last Action

Referred to Assignments (on 02/25/2025)

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