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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.

ILLINOIS GOES IT ALONE (FOR NOW) — A LIGHTFOOT INTERVIEW — PAUL RYAN HEADLINES FOR KINZINGER

ILLINOIS GOES IT ALONE (FOR NOW) — A LIGHTFOOT INTERVIEW — PAUL RYAN HEADLINES FOR KINZINGER
politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.

Illinois Supreme Court rejects taxpayer challenge to GO bonds

Illinois Supreme Court rejects taxpayer challenge to GO bonds
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

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