13 Dec 2011

Governor Quinn Takes Bill Action

By William Palmisano

**Friday, November 18, 2011**

CHICAGO - November 18, 2011. Governor Pat Quinn today took action on the following bills:

Bill No.: SB 72

An Act Concerning: Insurance

Allows the state to issue revenue bonds to strengthen the Illinois Unemployment Trust Fund (UTF), avoiding federal penalties for businesses. Also provides for an average 16 percent unemployment insurance tax reduction for companies that have not laid off workers, and provides for increased unemployment fraud prevention.

Action: Signed

Effective Date: Immediately

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Civic News & Info

Author

anon

Rick Martin

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