//
you're reading...
Illinois Budget

Illinois Budget: House Committee Backs Rep Don Moffitt Bill to Lower Fire Station Loan Repayments


(Chicago, IL) — February 19, 2010. Since cash has run dry in local governments and in Springfield, Illinois lawmakers are pushing all sorts of borrowing bills this year, for universities, community colleges, Medicaid, etc.

In the latest borrowing scheme, the Illinois House Fire Protection Committee yesterday approved, 4-0, legislation, House Bill 4710, sponsored by State Rep. Don Moffitt (R-Gilson), who chairs the committee, that allows fire protection districts to repay each year at least 4% (now 5%) of the principal amount borrowed in the fire station revolving loan program or the remaining balance of the loan, whichever is less.

In addition to Moffitt, committee members include: Linda Chapa LaVia (D), Bill Mitchell (R), Dan Burke (D), John Cavaletto (R), Chapin Rose (R), and Mike Smith (D).

The legislation now moves to full House for consideration.

About David Ormsby

David, a public relations consultant and Huffington Post blogger, is an ex-Press Secretary of the Illinois Democratic Party.

Discussion

2 thoughts on “Illinois Budget: House Committee Backs Rep Don Moffitt Bill to Lower Fire Station Loan Repayments

  1. Thanks for your no vote to not steal from the TRS pension fund. I appreciate your (R) vote.

    Posted by Debora Lindbeck | March 25, 2010, 9:10 AM
  2. Debora,

    How is reducing pension benefits from future employees stealing from the TRS fund? You may need better to inform yourself.

    Thanks for reading.

    David Ormsby

    Posted by David Ormsby | March 25, 2010, 9:56 AM

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Submit your email address and be among the first to receive our posts by e-mail as soon as they are published. It's free.

David Ormsby, Editor

RSS Gov. Pat Quinn

  • An error has occurred; the feed is probably down. Try again later.

RSS The Capitol Fax Blog

%d bloggers like this: