GLEN CARBON, IL (IRN) – Illinois Republicans and business leaders are introducing what they call a “pro-growth” jobs package. State Rep. Dwight Kay (R- Glen Carbon) is sponsoring bills that he says would help business create more jobs by cutting some of their expenses.
“Business regulation in the state of Illinois is a burden, it’s a drain and it stifles those people who want to do more and do it better. So we are going to go about fixing, step by step, the regulations that cause businesses to consider leaving this state and moving to other states,” Kay said.
Kay says his initiative will consist of about 30 bills. One of the bills is to reduce the cost of starting a small business in the state.
“If you want to set up an LLC (limited liability corporation) in the state of Illinois, it”s $750,” said Kay. “I’m suggesting we make at least a 50 percent cut in all of our costs, from LLCs all the way down. All the states around us have set-up charges that do not exceed $150,” Kay said.
Kay says he has not talked with Democrats about his bill.