Big Changes in Illinois?

Shields, Yvette
May 2004
Bond Buyer;5/25/2004, Vol. 348 Issue 31891, p1
Trade Publication
Focuses on a proposed bill in Illinois which includes a major debt reform. Sponsorship of the bill by Democratic House Speaker Michael Madigan; Proposal of requiring the state to competitively sell a big part of its debt; Proposed restrictions on the total amount of outstanding debt and use of debt to pay for operating needs; Chances of the proposed bill of being approved in the Senate; Negative reactions of state budget officials.


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