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.

032114 js 0113CLSPRINGFIELD – The two-option budget introduced by Governor Pat Quinn yesterday maintains State financed discretionary funding given to Regional Transportation Authority.

However, State Senator Tom Cullerton (D-Villa Park) is sponsoring a plan under that would direct more of that state funding to commuter public transit systems Metra and Pace.

The proposal, under consideration in the Senate, requires RTA to divide its discretionary funds between Metra, Pace and the Chicago Transportation Authority at the same rate as other state funding.

“Regardless of what happens with this year’s budget, suburban commuters deserve a larger, more-balanced share of this money. For some reason it has been accepted that this discretionary funding is special and so it’s been unfairly given to CTA,” Cullerton said.

“Metra, the CTA and Pace all provide services that contribute to the economic well-being of the entire region.  We look forward to continuing discussions regarding the discretionary fund; particularly Metra’s participation as the fund grows,” said Metra CEO Don Orseno. 

Under state law, RTA currently distributes normal state funds under a formula updated in 2008: 48% for CTA, 39% for Metra and 13% for Pace.

Last year the discretionary funds were divvied out so CTA received 98%, Pace received 2% and Metra was given a flat amount based on higher-than-expected sales taxes.

The plan is an amendment to Senate Bill 2610 and will be debated in subcommittee in the following weeks.

SPRINGFIELD – Governor Pat Quinn outlined his 2015 budget to lawmakers Wednesday. In it he called for extending the current 5 percent income tax rate that was set to expire next year.

State Senator Tom Cullerton (D-Villa Park) reacted to Quinn’s proposals.

“Cutting education, sacrificing veteran services and eliminating care for the developmentally disabled is unacceptable. We need to look for responsible alternatives, but I don’t think the only thing on the table should be a tax increase,” Cullerton said.

Petition: Do Not Tax Retirement Income

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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