Vella Introduces Legislation to Support Veteran-Owned Businesses

ROCKFORD, Ill. – As part of his efforts to help facilitate economic growth, state Rep. Dave Vella, D-Rockford, introduced legislation that would cut license fees for businesses owned by veterans.

“With all that veterans have done for our country, the least we can do to give back is cut fees and help them start new businesses,” said Vella. “Not only will this legislation help give back to those who have put their lives on the line for our country, but it will help support a swath of new small businesses get started.”

Vella introduced House Bill 3150, which would waive county and municipal license fees for new businesses whose sole proprietor is a veteran who was honorably discharged. This legislation is part of Vella’s work to help both local businesses and veterans. During this session, Vella has introduced legislation that creates tax credits for small businesses and job creators, as well as bipartisan legislation that ensures veteran-owned businesses get their fair share of government contracts.

“As a small business owner, I know that many qualities that make good business owners are ones that veterans exemplify,” said Vella. “Small businesses are the lifeblood of our economy, and making it easier for veterans to found their own small businesses will be a positive impact on both our economy and our communities.”