Press Release

Sente Legislation Calls for Massive Reduction in Filing Fees for New Businesses

02/01/2017

“As a small-business owner, I understand the challenges businesses in our region face and know that it is incredibly difficult to start something from nothing,” Sente said. “One of my objectives as a state representative is to remove barriers to new business formation and job creation. It’s time our government made it as easy as possible for entrepreneurs to do business in Illinois.”

The Sente-sponsored House Bill 383 reduces the initial filing fees for a Limited Liability Company (LLC) from $500 to $150 and the annual report fee from $250 to $75. House Bill 383 will make Illinois more competitive by 1) aligning the Illinois fee schedule with neighboring states and 2) aligning LLC fees with the fees Illinois currently charges for other types of business entities such as corporations. Sente believes businesses can invest more in equipment and employees by spending less on government filing fees.

“I will continue to push for legislation that makes it easier to do business in Illinois,” Sente said. “Illinois loses too many businesses and residents to other states. I will advance legislation to counter this trend, so that more business owners feel that Illinois is the best place for them to locate, launch, and grow their operations.”

In addition, Sente also has a Small Business Owners Advisory Committee open to any small business owner who lives or works in House District 59. The committee meets periodically throughout the year. For more information or to join, please contact Sente’s full-time constituent service office at 847-478-9909 or email RepSente@gmail.com.



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