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Illinois Sat Jan 24 2009
Ouch... Stimulus Package Legislation Knocks Blago
The Huffington Post has obtained a copy of H.R. 1, the economic stimulus package. On first glance this section restricts how Illinois will receive federal money:
SEC. 1112. ADDITIONAL ASSURANCE OF APPROPRIATE USE OF FUNDS. None of the funds provided by this Act may be made available to the State of Illinois, or any agency of the State, unless (1) the use of such funds by the State is approved in legislation enacted by the State after the date of the enactment of this Act, or (2) Rod R. Blagojevich no longer holds the office of Governor of the State of Illinois. The preceding sentence shall not apply to any funds provided directly to a unit of local government (1) by a Federal department or agency, or (2) by an established formula from the State.
Check back here throughout the next few days as we go through the stimulus package and its implications in Chicago and Illinois.