business climate

Hillard Family photo in field
Tonya Hilliard

Last year, Illinois was one of a handful of states that lost population. The out migration became a campaign issue in the governor’s race last year and has some throwing up caution flags. But the numbers don’t mean there is a crisis, or even a real clamor, to leave the state.

Women’s Work

Mar 1, 2015

The rise of the female entrepreneur

Amanda Vinicky/WUIS

  The two men dueling to be Illinois' next governor tried Thursday to win over business leaders with their plans for the state's finances. They both made appearances before a joint meeting of Illinois' retailers and manufacturers in Springfield.

Quinn got a standing ovation as he took the stage, but the response after that was lukewarm.

Just before Quinn's speech, several business owners had been at the podium, complaining about Illinois' high unemployment rate, regulations and taxes.

Amanda Vinicky

  There are more than 200,000 limited liability corporations operating in Illinois. The governor has a proposal he says will add more. But business groups are skeptical it will help.

To file as an LLC in Illinois, you have to pay the state at least $500.

During his state of the state address, Gov. Pat Quinn proposed lowering the fee to $39.

"This small but important step will encourage entrepreneurs to start their business and put more people to work right here in Illinois," Quinn, a Democrat, said.