East County News Service
August 1, 2010 (Sacramento)--Assembly Bill 1506, the "IOU Taxpayer Protection Bill" authored by Assemblyman Joel Anderson (R-El Cajon) will be heard on Monday, August 2 in the Senate Appropriations Committee.
“As the State's cash flow situation continues to deteriorate, California is once again in danger of issuing IOU's to its businesses and citizens. AB 1506 will protect taxpayers from the state's forced borrowing,” Anderson said.
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