ANDERSON’S IOU BILL PASSES ASSEMBLY UNANIMOUSLY; SENATE MUST ACT BY FRIDAY BEFORE LEGISLATURE ADJOURNS

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September 8, 2009 (Sacramento) – AB 1506, authored by Assemblyman Joel Anderson (R-Alpine) has passed the Assembly by a unanimous vote. The measure would require the state of California to accept its own IOUs as payment for taxes or fees.

 

“Your letters and voices came through loud and clear and generated momentum that carried onto the Assembly floor where AB 1506 passed unanimously,” Anderson stated in a message sent to constituents, after he received more than 1,500 letters in support of the measure. But to become law, the measure must be approved by the Senate before the legislative year ends this Friday.

 

Since July 1st the state has sent out over 448,000 IOUs to people and businesses totaling $2.35 billion, Anderson’s office reports. “I wrote AB1506 so that it would force the state to accept its own IOU’s as payment - saving the State, businesses and taxpayers millions of dollars. It is the right thing to do – it’s fair as well as fiscally sound – 68 of my colleagues from both sides of the aisle have asked to join me as co-authors,” said Anderson, who requests additional letters from supporters to persuade Senators to take action.

 

For more information, visit assembly.ca.gov/anderson
 

Comments

Thanks for sharing an

Thanks for sharing an important piece of information. "Your letters and voices came through loud and clear and generated momentum..." The people ultimately has the power the verdict to pass. I look forward to learn from this site. La Verne homes