House Back in Session for Home Stretch


The Illinois House of Representatives returns to Springfield today. Session is scheduled to begin at 12:00pm. You can watch or listen LIVE online by visiting the Illinois General Assembly website HERE. House Committees will meet this afternoon following session.
Today at 3:00pm in Cities & Villages Committee I will be providing testimony on House Bill 5644; legislation I have introduced to establish a neutral evaluation process for financially stressed communities throughout Illinois to explore the option of restructuring their debt obligations. Ted Dabrowski from Wirepoints.com published a detailed study on the financial crisis facing many communities throughout Illinois and its implications for taxpayers. You can read that report by clicking HERE.
In case you missed Monday’s Chicago Tribune, they published an excellent editorial on limiting “golden parachutes” in Illinois, an issue I have highlighted at length since I became a legislator in 2013. It is nice that the Chicago Tribune and my colleagues are finally catching up with my work on this issue. By the way, they don't mention my name here, but it was my legislation that first limited severance contracts. I would have gone further but the insiders were having none of that. I was lucky to get what I did across the finish line. Democrats are literally years behind on doing something more when they hold all the power. 

Now if only they would listen to my pension reform plans today and not 5 years from now when the situation will be much worse. Already there has been a small movement to allow my pension reform plan to take effect, but it is voluntary for current employees to move to a SURS modeled 401k- style retirement plan instead of mandatory for all new hires. You can read the Tribune editorial by clicking HERE.
Starting today, the Illinois House of Representatives will remain in session nearly every day until our scheduled adjournment on May 31, the deadline to pass a new state budget for FY 2019, which begins this summer on July 1.
Thank you for taking the time to read this update. I will keep you posted on developments from Springfield throughout the month of May.  
Sincerely,

Jeanne Ives
State Representative, 42nd District

No comments :