SPRINGFIELD, Ill. (WTVO) — A new proposal in Springfield takes aim at how technology companies make money.
The “Freedom to Subscribe Directly Act” would allow consumers to buy straight from smartphone app companies. Right now, a maximum of 30% of any sale on app stores goes to either Google or Apple.
Supporters of the bill said that adds up to $1 billion in lost revenue for state app developers.
“The State of Illinois regulates railroads, pharmacists, utilities, and now we need to regulate tech,” said State Senator Sara Feigenholtz / (D) Chicago. “Tech is our future. We have to protect Illinois innovators.”
Nine other states, including Florida, Georgia and New York have similar bills in their legislatures.