Rob Karr

Quinn Proposes Drastic Dip in Filing Fee
6:05 am
Mon February 3, 2014

Businesses: LLC Fee Drop A Drop In The Bucket

Credit 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.

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