TSPR Local

Biofuel from Cover Crop's Seeds
3:20 pm
Sun June 10, 2012

Pennycress Project to Seek Involvement from Farmers

Pennycress
  • Interview with Gary Camarano

A series of meetings with farmers will be held to explain the role they can play in a proposed new plant that would create biofuel by extracting oil from the seeds of pennycress.

Galesburg's Entrepreneur, Business and Industry Network is collaborating on the project with Pennycress Energy Company, LLC.

EBI Global Strategies Director Gary Camarano said the company is seeking farmers willing to have the cover crop planted on their land.

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House has passed repeal
4:27 pm
Fri June 8, 2012

Schock Says Tax Would Cost Jobs

Rep. Aaron Schock (R-18, Ill.)

Two west-central Illinois congressmen have voted for the repeal of a tax that would help fund reforms under the Affordable Care Act.

Aaron Schock (R-17th) and Bobby Schilling (R-18th) say the tax would cost Illinois over 1,200 jobs.

Schock also  says the tax might damage high tech manufacturing in the U.S.

He says, “If you are located in the United States and you have an excise tax because you're located here you may chose to move to foreign countries with lower tax structures.”

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Affordability/Availability
11:16 am
Fri June 8, 2012

Housing Summit in Canton, MO

The Tri-State Development Summit has formed in 1996, following the historic Flood of 1993. 

The organization brings together communities leaders from several dozen counties in west-central Illinois, southeast Iowa, and northeast Missouri.

One of its standing committees focuses on housing needs in the tri-state region.  To assist in its efforts, a special day-long summit was held on the campus of Culver-Stockton College in Canton, Missouri.

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Loan Needed to Cover Payroll
10:29 am
Fri June 8, 2012

Burlington to Borrow Money

Burlington City Manager Jim Ferneau

Burlington will need to take out a very short-term loan to get through the current fiscal year, which ends June 30th.

The city council has authorized the borrowing of up to $2-million to cover payroll and operations through the end of the month.

City Manager Jim Ferneau says the city will need about $700,000 to cover the final payroll of the year, so he does not anticipate needing to borrow the full amount.

He says it is good to have the authority to do so, though, in case an ongoing capital project runs into trouble.

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Lawmakers are waiting for Supreme Court decision
8:26 am
Fri June 8, 2012

Illinois is Ready to Implement Exchanges

Laura Minzer
  • Interview with Laura Minzer

Most states have delayed implementing health insurance exchanges required by the federal Affordable Care Act.  The constitutionality of the act is being challenged before the U.S.  Supreme Court. A spokesperson for the Illinois Chamber of Commerce says the state will move quickly to pass enabling legislation once the  court makes its ruling.

Laura Minzer is the executive director of the chamber's Healthcare Council.

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