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

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

 “There are many individuals in our area who want the opportunity to open their own small business, and we should be doing all that we can to enact policies that assist them,” Moylan 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 Moylan-backed Senate Bill 1462 will allow first-time entrepreneurs entering the information services, biotechnology and green technology business sectors to apply for reimbursement of certain state start-up fees. Qualifying fees include those paid toward state filling, 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 have been fighting in Springfield to help lift the burden off of small businesses owners and the middle-class by opposing higher taxes and pushing for greater fiscal responsibility,” Moylan said. “I am hopeful this pilot program can be expanded so that we can continue to help create good-paying jobs and lift-up our community.”