Moylan Sponsors Measure to Cut Fees, Encourage Entrepreneurship

SPRINGFIELD, Ill. – Entrepreneurs would receive financial assistance in opening their first businesses under legislation being sponsored by state Rep. Marty Moylan, D-Des Plaines, to create an Entrepreneur Learner’s Permit pilot program.

“I believe we must do more to help entrepreneurs grow and prosper in Illinois,” Moylan said. “My measure creates the Entrepreneur Learner’s Permit, which cuts fees for first-time business owners.”

Moylan is sponsoring Senate Bill 1462 to create a new Entrepreneur Learner’s Permit program to encourage and assist first-time entrepreneurs, by reimbursing them for State fees associated with forming a business. Under his measure, applicants would apply for the permit through the Department of Commerce and Economic Development. Currently, entrepreneurs must pay several fees for licensing and permits. The pilot program would run for one year, then DCEO would evaluate the program’s effectiveness and report to the governor and General Assembly by Feb. 1, 2019.

“My measure will help us create more jobs and improve our state’s business climate,” Moylan said. “Another benefit of promoting the growth of small businesses is that the dollars spent at these locations stay in our community.”

Senate Bill 1462 passed the House Economic Opportunity Committee last week and now awaits further consideration on the House floor.