Posted by Barry Jantz at 12:00 am on Aug 27, 2009 Comments Off on IOU Bill Faces Committee Vote Today
Excerpted from the Assemblyman Anderson release….
The eyes of California Taxpayers will
be focused squarely on the Assembly Appropriations Committee today,
as Assembly Bill 1506 approaches a critical deadline … authored by
Assemblyman Joel Anderson, (the bill) requires the State to accept
its own IOUs as payment for taxes and fees.
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,… Read More