REPUBLICANS IN THE ILLINOIS SENATE ARE PUSHING FOR LEGISLATION TO SUPPORT BUSINESSES IN ILLINOIS.
THE G-O-P IS CALLING FOR PASSAGE OF A NUMBER OF BILLS AIMED AT MAKING THE STATE MORE BUSINESS FRIENDLY. THAT INCLUDES LOWERING THE FILING FEE FOR LIMITED LIABILITY CORPORATIONS BY 50 PERCENT AND SETTING UP A RESEARCH AND DEVELOPMENT TAX CREDIT SAYS SENATOR DON DEWITTE OF SAINT CHARLES.
SENATOR SETH LEWIS OF BARTLETT WANTS TO CREATE A TAX CREDIT FOR BUSINESSES OF ANY SIZE BASED ON HOW LONG THEY'VE BEEN IN ILLINOIS AND HOW MANY PEOPLE THEY EMPLOY.
REPUBLICAN SENATORS ALSO WANT TO ELIMINATE THE STATE FRANCHISE TAX AND CREATE TAX CREDITS FOR BUSINESSES OF ANY SIZE BASED ON HOW LONG THEY HAVE BEEN IN ILLINOIS AND THE NUMBER OF EMPLOYEES.