Illinois HB5806 repeals the social media platform fee imposed on businesses.

HB5806 amends the Business Corporation Act of 1983 by repealing Section 15.98, which imposed a fee on social media platforms. This change eliminates the requirement for businesses to pay a social media platform fee, affecting corporations operating within Illinois. The bill streamlines the fees collected by the Secretary of State, removing the social media platform fee from the list of charges.

Illinois HB5806 repeals the social media platform fee imposed on businesses.

HB5806 amends the Business Corporation Act of 1983 by repealing Section 15.98, which imposed a fee on social media platforms. This change eliminates the requirement for businesses to pay a social media platform fee, affecting corporations operating within Illinois. The bill streamlines the fees collected by the Secretary of State, removing the social media platform fee from the list of charges.