Verschoore Measure to Pay Overdue Bills Passes House
The Illinois House of Representatives approved a plan on Wednesday backed by state Rep. Pat Verschoore (D-Milan) that would dedicate any new money that exceeds the state’s revenue estimates be used to pay back the billions of unpaid of bills to small businesses, human service agencies, municipalities and schools.
“For the first time in years, the entire House is working together to put a fiscally responsible budget plan in place. With this legislation we will put vendors, local governments, schools and other groups that are owed money by the state first in line for any revenues that come in over our official estimate,” said Verschoore. “We are setting a new course in Springfield. We cannot continue to spend money while not paying back what we owe to businesses, human services agencies and schools.”
House Resolution 158 states that if the amount of revenue that becomes available during fiscal year 2012 exceeds the House's revenue estimates, then that excess will first be used to reduce the backlog of unpaid state obligations. The measure was supported by nearly all of the House members on both sides of the aisle.
The measure works in conjunction with House Resolution 110, which set the estimate of revenues available for state spending at $33 billion for the next fiscal year. This resolution was passed by the House earlier this session and is about $760 million less than the Governor’s budget office estimates and about $1.7 billion less than the projection of the state’s Commission on Government Forecasting and Accountability.
“It is my job to serve the hardworking people of my district every day, and they are rightfully demanding fiscal reforms to get our state’s budget in order,” Verschoore said. “I have voted to cut billions from last year’s budget and to cut my own pay, because we all must take cuts to solve our fiscal problems. Instead of trying to spend every dollar we bring in, we must pay what we owe to vendors.”
For more information, please contact state Rep. Verschoore’s at his constituent service office at (309) 558-3612.