New law cuts red tape for real estate professionals, businesses; takes additional bill action

New law cuts red tape for real estate professionals, businesses; takes additional bill action

Rauner action streamlines licensing, encourages growth

SPRINGFIELD – (RealEstateRama) — Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.

“House Bill 5210 is a win for small business and licensed professionals in Illinois,” Rauner said. “It is another step forward in our goal of reducing the amount of red tape, paperwork, and regulatory burden that puts our business owners and our state at a disadvantage.”

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New law cuts red tape for real estate professionals, businesses; takes additional bill action

Real Estate Press Release Distributed by www.RealEstateRama.com

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The Illinois Department of Financial and Professional Regulation’s mission is to utilize responsive, innovative, transparent, and efficient (R.I.T.E.) governance to create an ideal regulatory environment that (1) allows economic growth to flourish, and (2) effectively optimizes consumer choice.

The IDFPR believes more can be done to ensure a faster, smarter and more accountable government — government that takes initiative to unite effective regulatory policy with exceptional service delivery.

Contact:

Phone: 1 (888) 473-4858

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