Scherer-Backed Measure to Cut Fees for New Entrepreneurs Now Law

SPRINGFIELD, Ill. – Legislation supported by state Rep. Sue Scherer, D-Decatur, to assist first time business owners by waiving state fees is now law following a vote to override Gov. Bruce Rauner’s veto.

“One of the most important things we need to do to encourage economic growth in Central Illinois is to support small businesses and help them create jobs in our communities,” Scherer said. “This new Entrepreneur Learner’s Permit program will help alleviate some of the financial burdens faced by first-time small business owners by waiving unnecessary start-up fees.”

The Scherer-backed Senate Bill 1462 will allow first-time entrepreneurs entering certain business sectors to apply for reimbursement of some state start-up fees. Qualifying fees include those paid toward state filing, permitting or licensing associated with the creation of a business in Illinois. Applications must be submitted to the Department of Commerce and Economic Development (DCEO) before the formation of the new business. DCEO will also be charged with submitting a report to the General Assembly and governor reflecting the effectiveness of the new program.

“I will keep pushing to cut the red tape that prevents small businesses owners from achieving their dreams while providing opportunities to job-seekers,” Scherer said. “This type of partnership keeps our economy afloat and will increase opportunities for both entrepreneurs and workers in our region.”