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Court Rejects Lawsuit Over State Use of Government Bonds

By Sarah Mansur & Capitol News Illinois • 5 hours ago The Illinois Supreme Court threw out a lawsuit Thursday that was brought by the head of a libertarian think-tank that challenged the state’s use of bonds to pay back state debt. The decision marks the end of the legal battle initiated by Illinois Policy Institute Chairman and CEO John Tillman against the state’s use of more than $14 million in bonds to repay pension obligations and other state debt. Tillman claimed the state laws in 2003 and 2017 authorizing the bonds were unconstitutional because the bonds were not issued for “specific purposes,” within the meaning of the state constitution.

United statesJohn tillmanSusana mendozaIllinois policy instituteIllinois supreme courtIllinois policy institute chairmanIllinois constitutionIllinois comptroller susana mendozaஒன்றுபட்டது மாநிலங்களில்ஜான் வரைசுசானா மெண்டோசாஇல்லினாய்ஸ் பாலிஸீ நிறுவனம்இல்லினாய்ஸ் உச்ச நீதிமன்றம்இல்லினாய்ஸ் அரசியலமைப்புஇல்லினாய்ஸ் கம்ப்ரோலர் சுசானா மெண்டோசா

Court rejects lawsuit over state use of government bonds Capitolnewsillinois com

Court rejects lawsuit over state use of government bonds Capitolnewsillinois com
capitolnewsillinois.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitolnewsillinois.com Daily Mail and Mail on Sunday newspapers.

United statesJohn tillmanSusana mendozaIllinois policy instituteIllinois supreme courtIllinois policy institute chairmanIllinois constitutionIllinois comptroller susana mendozaஒன்றுபட்டது மாநிலங்களில்ஜான் வரைசுசானா மெண்டோசாஇல்லினாய்ஸ் பாலிஸீ நிறுவனம்இல்லினாய்ஸ் உச்ச நீதிமன்றம்இல்லினாய்ஸ் அரசியலமைப்புஇல்லினாய்ஸ் கம்ப்ரோலர் சுசானா மெண்டோசா

Governing As Looting In Washington & Beyond

At what point does a democracy become a kleptocracy? That type of degeneration routinely happens in Third World regimes but the same blight can occur in the United States. Few things epitomize “governing as looting” like the automated traffic ticket cameras that hundreds of local governments have inflicted on drivers across the nation. In 2015, the Missouri Supreme Court struck down St. Louis’s red light camera ticket regime for violating the U.S. Constitution because drivers were forced to prove they were innocent. But elsewhere, mayors and bureaucrats have not permitted constitutional rights to impede their fervent pursuit of revenue.

United statesDistrict of columbiaRepublic ofHannah coxJohn townsendMuriel bowserDoug nelsonSusana mendozaNational motorist associationDc policy centerFederal reserveFoundation for economic educationVirginia department of transportationCity councilAmerican automobile associationMissouri supreme court

Capitol Recap: State revenue picture improves by hundreds of millions

SPRINGFIELD â Illinois budget officials said Thursday that revenues are flowing into state coffers at a faster pace than previously estimated, meaning lawmakers will have more money to work with as they try to finalize a new budget for the fiscal year that begins July 1. The Governorâs Office of Management and Budget officially raised its revenue estimate for the current fiscal year by more than $1.4 billion and by $842 million for the upcoming fiscal year. Those figures are similar to the latest revised estimates from the General Assemblyâs budget monitoring agency, the Commission on Government Forecasting and Accountability, which said last week that revenues for the current year would go up about $2 billion while next yearâs revenues would be $792 million more than previously forecasted.

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Capitol Fax com - Your Illinois News Radar » ARP funds, state revenues higher than expected, but Leader Harris urges caution

Capitol Fax com - Your Illinois News Radar » ARP funds, state revenues higher than expected, but Leader Harris urges caution
capitolfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitolfax.com Daily Mail and Mail on Sunday newspapers.

United statesState of illinoisWhite houseDistrict of columbiaEmily bittnerGreg harrisSusana mendozaMike miletichLynn sweetTreasury departmentFederal reserveDean olsenState journal registerMajority leader greg harrisChicago sun timesBiden white house