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.