WIUM Local
9:45 am
Tue May 31, 2005

GOP Questions Democratic Budget Proposal

Springfield, IL – The banking industry says the Illinois legislature might violate a judge's order if lawmakers pass the current budget proposal. In March, a judge had ordered that fees charged to credit unions for the cost of regulating them be set aside into a separate account. They said in the suit that those fees should not be part of the state's general budget. However, the proposed budget includes extra money from those fees to help balance it. Republicans contend adopting the proposed budget would put the legislature in contempt of court. Democrats say the budget is slated for a vote today, but it might receive changes before the final vote.