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HR1094 |
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LRB093 22679 BDD 52365 r |
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| HOUSE RESOLUTION
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| WHEREAS, The current economic climate has made it difficult |
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| to frame a consensus and approve a responsible, balanced budget |
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| for the State of Illinois for Fiscal Year 2005; and
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| WHEREAS, The Governor and the leaders and members of the |
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| General Assembly have been meeting in an effort to resolve |
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| differences and agree on a budget that will allow the State to |
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| continue operations on and after July 1, 2004; and
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| WHEREAS, Lawmakers now believe that a new budget must be |
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| approved by July 12, 2004 to ensure that State employee |
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| paychecks are not delayed; and
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| WHEREAS, If paychecks are delayed to State employees and to |
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| employees of organizations that rely on State grants and |
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| funding, then thousands of families across Illinois will face |
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| financial hardship; therefore, be it
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| RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE |
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| NINETY-THIRD GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we |
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| urge banks and other financial institutions doing business in |
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| Illinois to offer no-interest or low-interest loans, based upon |
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| most-recent pay stubs, to State employees, and also to |
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| employees of organizations that rely on State grants and |
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| funding, if the employees do not receive their paychecks in a |
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| reasonable and timely manner due to the lack of a Fiscal Year |
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| 2005 budget; and be it further
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| RESOLVED, That a copy of this resolution be presented to |
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| the Director of Financial and Professional Regulation for |
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| distribution to banks and other financial institutions doing |
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| business in Illinois.
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