Willis Backs Bill to Lower Fees on Small Businesses
SPRINGFIELD, Ill. – Individuals looking to create a Limited Liability Corporation (LLC) would get some financial relief with lowered filing costs under a new bill being backed by state Rep. Kathleen Willis, D-Addison.
“In Illinois, we need to be doing all we can to help attract jobs to our state, and to support those who are already here and want to open up a small business,” said Willis. “This bill will make it easier for regular people to pursue their dreams of starting a business and create new jobs.”
House Bill 387 would decrease the filing fees for LLC’s in Illinois by bringing them into alignment with what is currently charged to corporations. Willis is teaming up with the Small Business Advocacy Council in promoting this bill, which advocates say will create a friendlier environment in Illinois for small business and entrepreneurs. Though some argue less revenue from the filing fees would make it more difficult for an already cash-strapped state, Willis states that helping people open businesses will create jobs and help the overall economy.
“We need to be in the business of helping small businesses,” said Willis. “This bill is a commonsense solution and creates a level playing field for those who want to open a business and help to grow our economy here in Illinois.”
Willis is serving her third term in the Illinois General Assembly as State Representative of the 77th District, which includes O’Hare Airport and portions of Addison, Bellwood, Bensenville, Franklin Park, Maywood, Melrose Park, Northlake, Stone Park, and Wood Dale.