040314 js 0127“It should be easier for entrepreneurs to start and maintain their businesses. This fee reduction is specifically tailored to help the small businesses that drive our economy.”
– State Senator Tom Cullerton (D-Villa Park)

SPRINGFIELD – The Illinois State Senate approved a plan that lowers Limited Liability Company fees, Wednesday. The plan – Senate Bill 2776 – lowers the filing fees for LLC’s from $500 to $39.

State Senator Tom Cullerton (D-Villa Park) is a chief co-sponsor of the plan. Senate Bill 2776 was approved without opposition.

“It should be easier for entrepreneurs to start and maintain their businesses. This fee reduction is specifically tailored to help the small businesses that drive our economy,” Cullerton said.

“The existing $500 fee is one of the highest in the country and is significantly higher than all of our neighboring states,” Cullerton said.

The proposal also lowers the Series LLC filing fee from $750 to $59.

Senate Bill 2776 now moves to the house for debate.

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CONTACT SENATOR CULLERTON

Welcome to the official website of Senator Tom Cullerton. Please fill out our contact form to contact Senator Cullerton directly or you may call either of our offices. We look forward to hearing from you.

District Office
338 S. Ardmore Ave.
Villa Park, IL 60181
P: (630) 903-6662
F: (630) 903-6643

Springfield Office
122 Capitol Building
Springfield, IL 62706
P: (217) 782-9463