Illinois House passes nation’s most competitive crowdfunding rules

Illinois Policy quotes CEI`s John Berlau on the proposed bill on crowdfunding by Illinois House:

This innovative form of funding is described by economist John Berlau as “finance of the people, by the people, for the people.” For this reason, as well as crowdfunding’s explosive potential for economic growth in a state with a moribund business climate, investment crowdfunding has been a key element of the Illinois Policy Institute’s legislative agenda for entrepreneurs, which was developed in September 2014.