
IOU Bill Gets thru Approps
A follow up to my earlier post…
I just got off the phone with Assemblyman Joel Anderson. His AB 1506, which would require California to accept as payment those state-registered warrants issued to citizens and businesses in lieu of real money, has passed the Assembly Appropriations Committee.
This, after the bill went to the dreaded suspense file just last week.Committee Chairman Kevin DeLeon apparently had a change of heart after Anderson was able to demonstrate the immediate state savings.As well, Anderson delivered a mere 1,500 letters of support to DeLeon yesterday.
Awaiting the Anderson release, but FR readers now have the update.… Read More