Last week, AB 1506 was not allowed to come up for a vote, despite the fact that a majority of the committee’s members were co-authors of the bill. Committee Chairman Kevin De León denied Anderson’s bill a vote and sent it to the “Suspense File” – a place where bills typically go to die without a vote.

Yesterday, Assemblyman Anderson delivered more than 1,500 letters of support for AB 1506 to Chairman De León. Anderson’s office received the letters from labor unions, taxpayers, small businesses, charities, local government agencies, healthcare facilities and business leaders. California State Controller John Chiang also supports the bill.

The State has issued nearly $2 billion in IOUs since July 1st. The Controller expects to begin redeeming IOUs in early September, although California’s financial footing remains extremely unstable.

“The bottom line is that we just don’t know where the State will be in a month, let alone six months or a year,” said Assemblyman Anderson. “Had AB 1506 been in place in July, it could have saved the State over $18 million. Californians deserve the protection of AB 1506 now, not later.”