(Reuters) - "While the Illinois legislative session was extended into
the summer, making passage of any bill contingent on a
three-fifths majority vote, we believe that legislators remain
under pressure to address constituent demands for rate relief,"
S&P said in a statement.
"Reports that senators from the southern part of the state
refuse to allow the state's budget to go to a floor vote until
concrete rate relief in excess of the $500 million relief
package currently offered by the state's utilities and
generators is secured raises concerns that
the ultimate conclusion in this debate could very well be a
rate freeze," S&P said.
Read more at Reuters.com Bonds News
the summer, making passage of any bill contingent on a
three-fifths majority vote, we believe that legislators remain
under pressure to address constituent demands for rate relief,"
S&P said in a statement.
"Reports that senators from the southern part of the state
refuse to allow the state's budget to go to a floor vote until
concrete rate relief in excess of the $500 million relief
package currently offered by the state's utilities and
generators is secured raises concerns that
the ultimate conclusion in this debate could very well be a
rate freeze," S&P said.
Read more at Reuters.com Bonds News
No comments:
Post a Comment