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No ratings bump, but Fitch revises Illinois outlook from Negative to Stable

Wednesday, Jul 31, 2019 - Posted by Rich Miller

* A small bit of good news. From a press release

Fitch Ratings has affirmed the state of Illinois’ Issuer Default Rating (IDR) at ‘BBB’ and revised the Outlook to Stable from Negative.

Additionally, Fitch has affirmed the ‘BBB’ ratings on the state’s outstanding GO bonds, and the ‘A-’ ratings on the Build Illinois senior and junior obligation sales tax revenue bonds, which are linked to the state’s IDR based on state dedicated tax analysis.

The Rating Outlook for the above bonds has been revised to Stable. […]

The Outlook revision to Stable reflects key developments over the last three months for the state including an unanticipated revenue surge in April 2019 that positioned the state to resolve a sizable fiscal 2019 mid-year budget gap and enact an on-time fiscal 2020 budget. The positive April revenue surprise seen in Illinois, and other states, supported a significant increase in fiscal 2020 estimated revenues, easing the path to budget adoption and allowing the state to reduce (but not eliminate) reliance on non-recurring measures. The state now has a plausible and achievable 2020 budget plan, leaving the state better positioned from a fiscal perspective, and the potential for a rating downgrade in the near-term has receded. The recent gains, however, are somewhat tenuous and their sustainability hinges on the state’s actions over the next several years, particularly around the November 2020 ballot initiative on the graduated individual income tax.

Illinois’ ‘BBB’ IDR and GO ratings continue to reflect an ongoing pattern of weak operating performance and irresolute fiscal decision-making that has produced a credit position well below the level that the state’s broad economic base and substantial independent legal ability to control its budget would otherwise support. The state’s elevated long-term liability position remains a key credit challenge.

More at the link.

…Adding… Deputy Gov. Dan Hynes…

Illinois is already much stronger than we were a year ago, and it’s refreshing that Fitch is recognizing the good news and progress we’ve made so far. We know we have a long way to go, but we are committed to improving our long term fiscal stability and building an economy that works for everyone.

  15 Comments      


A possible work-around of the bluenoses

Wednesday, Jul 31, 2019 - Posted by Rich Miller

* We’ve all seen the recent stories…

* Winnetka approves resolution halting cannabis sales until officials can examine local ordinances

* Lake Forest and Lake Bluff open to banning recreational marijuana sales

* Suburbs say no to recreational marijuana - Naperville, Libertyville and Bloomingdale vote themselves weed-free.

* Are suburbs going to allow sale of marijuana? So far more say ‘no’ or leaning no

* Northbrook board voices initial approval of first recreational cannabis business proposal

* But there won’t be that many dispensary licenses anyway

The new law would allow the state’s 55 existing medical marijuana dispensaries to open new retail shops on their current sites, and open a second site elsewhere — but only if local officials allow it.

In addition, applications for up to 75 new dispensaries will be due by Jan. 1, 2020, and are to be awarded by May 1, 2020, so entrepreneurs will want to know which areas will allow them to operate.

So, that’s 190 dispensaries in a state of 12.74 million people with 1,299 incorporated cities, towns and villages, 102 counties and 1,432 townships.

* More from today’s Tribune

In other states with legal pot, such as California and Colorado, where bigger cities tend to allow it, the majority of local governments ban pot sales. That results in large rural areas with no access to retail shops, which encourages a continued illegal market.

If the same thing happens in Illinois, [Chris Lindsey, legislative analyst for the Marijuana Policy Project] said, it would make a good argument for allowing home delivery, so people who have trouble travelling will have access.

Thoughts?

…Adding… Greg Hinz

The wife of one of the architects of Illinois’ new law legalizing recreational marijuana [Rep. Kelly Cassidy] has landed a big job with an Elmhurst-based cannabis company.

Revolution Florida, a sister company of Illinois-based marijuana grower and dispensary Revolution Enterprises, named Candace Gingrich vice president and head of business development for the firm’s newly expanded operations in the Sunshine State. […]

Cassidy said in a phone interview she sees no conflict of interest in her spouse accepting the post, and rejected the notion that the job appears like a reward for services rendered.

“I sought an ethics opinion and got it cleared” by the House ethics officer, Cassidy said. Beyond that, she added, Revolution “has gone above and beyond to make sure Candace had no role in Illinois, just to cover appearances.”

  58 Comments      


Open thread

Tuesday, Jul 30, 2019 - Posted by Rich Miller

* I am finally leaving St. Louis and driving back to Springfield, so I’ll be away for awhile. Please be nice to each other and keep the conversation Illinois-centric. Thanks.

…Adding… I’m back. Posting to resume in a bit.

  28 Comments      


*** UPDATED - Pritzker admin say it may not apply to Sterigenics *** Sen. Curran files bill to ban ethylene oxide, wants special session

Tuesday, Jul 30, 2019 - Posted by Rich Miller

* Press release…

As Willowbrook and surrounding communities continue their fight in court to keep Sterigenics closed, State Senator John Curran (R-Downers Grove) continues to work on legislative solutions to keep dangerous ethylene oxide emissions out of the communities.

“Sterigenics should not be allowed to reopen,” said Sen. Curran. “This facility has been leaking dangerous levels of ethylene oxide into the area for decades, and there has been zero accounting for the damage that they have already done.”

Curran has continued to file and advance legislation to protect the community since news of the issues first broke. He was recently able to pass legislation into law, SB1852, which created the strongest regulations in the nation on the deadly gas. Senator Curran believes the new law, along with existing laws, is more than enough to allow the Illinois EPA to deny Sterigenics any permit to use ethylene oxide in WIllowbrook.

However, the Illinois EPA and Attorney General’s office recently entered into an agreement that could possibly allow the Sterigenics facility to reopen, an agreement that also does not hold the company responsible for years of dangerous emissions. Curran is filing additional legislation to make sure the facility stays closed.

“The only way to guarantee the residents of Willowbrook and the surrounding communities clean air that is free of ethylene oxide today, tomorrow and for generations to come, is to completely eliminate the source of the contamination,” DuPage County State’s Attorney Robert Berlin said. “I applaud Senator Curran for his continued efforts on behalf of the affected residents not only in his district but on behalf of all Illinoisans who have a right to breathe clean air.”

Senate Bill 2264 completely bans the use of ethylene oxide by CAAPP permit holders for most operations by January of 2021, and for all CAAPP permit holders by January of 2022. The dates are designed to help ensure a safe transition for the supply of critical medical devices. It also creates a strong financial disincentive for Sterigenics to spend millions of dollars in upgrades to attempt to meet the extremely stringent requirements of SB1852 for a very limited term of operation before the complete ban takes effect.

“I am grateful that Governor Pritzker has offered to call a special session to deal with this issue and that he has clearly stated that he supports a ban on the use of ethylene oxide,” said Sen. Curran. “The Governor has proven that he is able to use his position to push through major legislation and I look forward to working with him to advance this bill.”

Senator Curran also continues to support the legal efforts of Willowbrook and the surrounding communities to stop the existing seal order on Sterigenics from being lifted.

I’ve been saying for a while that DuPage County State’s Attorney Berlin is a big key to solving this. He and AG Raoul worked out the agreed order which allowed Sterigenics to reopen and now he’s supporting legislation to outright ban ethylene oxide.

I asked the governor’s office, the House Republicans and the Senate Democrats for a response.

…Adding… John Patterson with the Senate Democrats…

Thanks for letting me know about this, Rich.

We look forward to reviewing the legislation.

Translated: Curran didn’t reach out to the super-majority party before filing his bill.

* House GOP…

Rich - We, too, look forward to reviewing

*** UPDATE *** Governor’s office…

We are reviewing this legislation, but a preliminary analysis indicates it would not apply to Sterigenics, which will not require a CAAPP permit in the future. We remain open to working with members of the General Assembly on this issue.

…Adding… Press release…

Ethylene Oxide

Today, the Chemical Industry Council of Illinois issued the following statement after legislation was introduced in the State Senate to ban the use of ethylene oxide:

“We strongly oppose this effort to ban this critical chemical building block. Ethylene Oxide helps make many products Illinois families use every day, including certain plastics, adhesives, safety glass, textiles and personal care products. Critically, ethylene oxide supports our healthcare industry through the sterilization of medical supplies that are relied on by families across our state and region.

“Over 1,500 Illinois jobs would be directly impacted by a ban of ethylene oxide while countless other Illinois jobs dependent on products made with ethylene oxide would be affected.”

“Illinois already has the most stringent standards for ethylene oxide in the nation. Banning this important chemical would harm the healthcare industry our state relies on and unnecessarily burden businesses and consumers across our state.”

  21 Comments      


Coli is cooperating with feds

Tuesday, Jul 30, 2019 - Posted by Rich Miller

…Adding… The plea agreement is here.

* Sun-Times

A onetime labor leader with ties to several prominent Illinois politicians is set to plead guilty in federal court Tuesday in a lesser-known extortion case that still threatens to reach deep into the state’s halls of power.

A federal grand jury accused Teamsters leader John T. Coli in 2017 of extorting $325,000 from Cinespace Chicago Film Studios, the clout-heavy studio that is home to such hit TV shows as “Chicago Fire” and “Empire.”

The case has quietly simmered in the background for the last few years. Since then, the Chicago Sun-Times revealed that the case against Coli was built with the help of Cinespace President Alexander S. “Alex” Pissios, who wore a wire against Coli.

Pissios told authorities that Coli had introduced him to Gov. Pat Quinn and Chicago Mayors Richard M. Daley and Rahm Emanuel, as well as Illinois House Speaker Michael J. Madigan and Illinois Senate President John Cullerton. They all received campaign contributions from organizations under Coli’s control.

* And then a bombshell was dropped today…


  25 Comments      


*** LIVE COVERAGE ***

Tuesday, Jul 30, 2019 - Posted by Rich Miller

* Follow along with ScribbleLive


  Comments Off      


*** UPDATED x1 *** Bustos slammed over DCCC hiring, programs

Monday, Jul 29, 2019 - Posted by Rich Miller

* Cheri Bustos was named the chair of the DCCC partly because she won reelection in a blue-collar district won by President Trump. But when you address one issue, others pop up

The Democratic Congressional Campaign Committee is in full-blown turmoil.

Democratic Congressional Campaign Committee Chairwoman Cheri Bustos (D-Ill.) was set to make an unplanned trip to Washington from her district Monday amid an outcry from top black and Latino lawmakers over a lack of diversity in the campaign arm’s senior management ranks.

Bustos’ sudden return to D.C., just days after Congress left for a six-week-long August recess, comes as aides and lawmakers are calling for systematic changes to the DCCC, the party’s main election organ.

POLITICO reported last week that black and Hispanic lawmakers are furious with Bustos’ stewardship of the campaign arm. They say the upper echelon of the DCCC is bereft of diversity, and it is not doing enough to reach Latino voters and hire consultants of color. In addition, several of Bustos’ senior aides have left in the first six months of her tenure, including her chief of staff — a black woman — and her director of mail and polling director, both women.

In the most dramatic move so far, Texas Reps. Vicente Gonzalez and Filemon Vela told POLITICO Sunday that Bustos should fire her top aide, DCCC executive director Allison Jaslow.

* From its story last week

Interviews with more than two dozen Democratic lawmakers, aides and strategists detailed months of frustration and unanswered questions about Bustos’ efforts to retain staffers of color in top positions, boost Latino voter outreach and hire firms run by people of color. They said Bustos was tactless when challenged by lawmakers of color.

“The overall plan for Latino outreach seems to be some 1980s playbook, which doesn’t work anymore,” Rep. Raúl Grijalva (D-Ariz.) said.

The DCCC declined to make Bustos available for an interview but said the “DCCC has continued to increase diversity amongst our staff.”

“Anyone seeking to divide our party and stoke infighting between Democrats at a time when Donald Trump is in the White House is undermining our ability to protect the majority,” DCCC spokesman Jared Smith said.

Yeah, that’ll keep everyone calm.

More

A DCCC aide also said “nearly 50 percent of the senior staff identifies as racially diverse” but they declined to name a senior staffer who is a person of color.

Sheesh.

*** UPDATE *** Politico

The executive director of the House Democrats’ campaign arm is stepping down amid an outcry from Democratic lawmakers over the lack of diversity in the committee’s senior ranks.

Executive Director Allison Jaslow, a close confidante of Democratic Congressional Campaign Committee Chair Cheri Bustos, announced her resignation at an all-staff meeting Monday, according to multiple sources. Jaslow said her resignation is effective immediately.

“When I was in eighth grade, I decided that my life would be dedicated to serving my country. I did that first in uniform but since have tried to be a force of good in our politics,” Jaslow, an Iraq War veteran, said in a statement later. “And sometimes selfless service means having the courage to take a bow for the sake of the mission — especially when the stakes are so high.”

Jaslow’s sudden departure comes as Bustos tries to contain the fury from Democratic lawmakers and aides that she has done little to address the lack of diversity in the upper ranks of the campaign arm since winning the chairmanship late last year.

  19 Comments      


*** UPDATED x1 *** Pritzker on possible Madigan probe: “It’s hard to tell what it’s really all about”

Monday, Jul 29, 2019 - Posted by Rich Miller

* Ahern…



* Pritzker reiterated that he wants to wait and see the process play out before making any public stands. He also said he had not been contacted by the feds. Pressed on whether he still has “confidence in Speaker Madigan,” Pritzker responded

Well, again, we’re moving forward. Allegations are just that. And, so we’ll see. I haven’t actually seen what those allegations might be. I mean, I think at this point there are a number of people who have been contacted, you know, we’ve read the stories that you all have put out, but it’s hard to tell what it’s really all about.

* Meanwhile

A GoFundMe page has been set up by the family of Kevin Quinn — a former top political operative to Illinois Speaker Mike Madigan — who has been embroiled in many controversies, including a contentious divorce and federal authorities reportedly looking into payments he received from Madigan-related lobbyists.

The fundraising page, “Help Our Brother Kevin Rebuild His Life,” went up Sunday morning. It was created Quinn’s sisters Katie and Meghan. Quinn on Monday confirmed to the Chicago Sun-Times that the page is authentic.

“Over the last 17 months, we’ve watched our kind hearted brother remain stronger than you could ever imagine as he’s been dragged through the mud by one false and misleading news story after the other,” the page says. “In the midst of a turbulent divorce and insurmountable negative media attention, legal bills have stacked up. We have seen first hand the adversity Kevin has encountered and felt compelled to start this campaign because he needs our help to get the truth out there! The truth is Kevin is honest, sincere, and all around a great person.”

…Adding… ILGOP…

“The Speaker needs to come clean in the #MeToo cover-up of his political organization. Madigan hired a politically connected lawyer to ‘investigate’ sexual harassment when that lawyer’s own family members were funneling money to his top operative who had been fired for sexual harassment. It’s clear Speaker Madigan does not take the mistreatment of women seriously, and he doesn’t intend to sincerely investigate and stop the #MeToo behavior in his political operation.” - Illinois Republican Party Spokesman Joe Hackler

Recently, it was reported by the Chicago Sun-Times that “Kelly Smith-Haley was retained by Madigan in February 2018 to ‘receive and investigate harassment allegations’ regarding the speaker’s political staff…” according to a letter from Speaker Madigan to House Democratic Caucus members and staffers. Smith-Haley is the sister of Bill and Mike Smith, both of whom are senior members of the lobbying firm, Cornerstone Government Affairs.

It was reported by the Chicago Tribune and detailed in an ILGOP release that Cornerstone wrote two $1,000 checks to Kevin Quinn in January 2019. Cornerstone’s Vice President is Will Cousineau, Mike Madigan’s longest serving political director.

As if it wasn’t bad enough that Madigan’s friends and allies have been keeping Quinn on the team’s ghost payroll, the lawyer tasked with investigating Quinn’s sexual harassment is a close relative of individuals financially supporting him. It’s obvious that Madigan’s claim of wanting to change the culture of his boy’s club could not be more disingenuous.

*** UPDATE *** Greg Bishop at Center Square

Treasurer Michael Frerichs in Springfield on Monday said it was business as usual with Madigan’s office.

“I’m following the news just like anyone out there waiting to see what they discover,” Frerichs said. “[Madigan is] still the Speaker of the House. We work with other elected officials to accomplish our agenda and we’ll follow this case just like other people.”

Messages seeking comment from Madigan’s spokesman were not immediately returned.

  25 Comments      


New laws

Monday, Jul 29, 2019 - Posted by Rich Miller

* WGLT

A new state law will protect victims of sexual assault from being arrested due to outstanding warrants or fines when reporting the crime.

House Bill 92 was recently signed into law by Gov. JB Pritzker and sponsored by State Sen. Jason Barickman, a Bloomington Republican.

Previously, when a sexual assault survivor came into contact with police, like when going to the hospital for treatment, they could be arrested for any outstanding warrants, even for minor non-violent offenses or unpaid fines. The new law requires police officials to request a waiver of the required execution of the warrant as long as it isn’t for a violent offense or parole violation.

* Tribune

All single-occupancy public restrooms in Illinois must be designated as gender-neutral beginning Jan. 1 under a law Gov. J.B. Pritzker signed Friday.

The legislation, sponsored by Democratic state Sen. Melinda Bush of Grayslake, prohibits signs outside any single-occupancy public restroom from designating a specific gender. The measure was approved unanimously in the Senate and by a vote of 109-5 in the House this spring.

“Making single-occupancy restrooms gender neutral is inclusive, but it also just makes sense,” Bush said in a statement. “It’s a small change that will make a big impact for thousands of Illinoisans.”

Bush called it “a common-sense measure that will benefit individuals who don’t identify as male or female as well as parents and caregivers who have dependents of the opposite sex.”

* AP

Gov. J.B. Pritzker signed legislation Friday that makes Illinois the eighth state to remove time restrictions on prosecuting crimes of sexual violence.

The Democrat signed into law a measure that lifts a 10-year statute of limitations on pressing charges in felony cases of sexual assault and sexual abuse.

The law, which takes effect Jan. 1, is key for sex-crime victims, who sometimes are too traumatized or overwhelmed to immediately pursue criminal charges against their attackers, said Carrie Ward, executive director of the Illinois Coalition Against Sexual Assault.

In 2017, Illinois abolished time limits on prosecuting sex crimes against victims younger than 18. Although current law for adult victims allows prosecution within 10 years, the time limit is actually less. The victim must have first reported the crime to authorities within three years.

* Capitol News Illinois

Gov. JB Pritzker surpassed 100 bills signed as he put his signature on more than 30 new laws last week. They included a measure to increase penalties on texting drivers who cause great bodily harm, and another to allow certain recipients of food stamps to use them at state-contracted restaurants.

House Bill 2386, which passed 82-24 in the House and 41-0 in the Senate, gives the secretary of state new authority to suspend or revoke a license for 12 months for any driver causing great bodily harm, disfigurement or death in an accident caused while texting and driving. The bill also imposes a $1,000 fine for the same offense, which is classified as “aggravated use of an electronic communication device.”

* Center Square

House Bill 2209: Property taxpayers will now know how much they’re paying for incentives to developers. The measure requires property tax bills to include a list of Tax Increment Finance, or TIF districts in the area and the dollar amount of tax allocated to each TIF district. TIF dollars come from any increased property tax revenue for a given period and is used as incentives to spur development in blighted areas.


…Adding…
Press release…

Surrounded by consumer advocates at Chicago Volunteer Legal Services, Governor JB Pritzker signed the bipartisan Consumer Fairness Act into law Monday, giving millions of Illinoisans relief from high interest on consumer debt.

“Consumer debt is at an all-time high all across the United States, and there are millions of people, including too many Illinois families, who are struggling under unconscionable circumstances,” said Governor JB Pritzker. “Today, here in Illinois, we are giving real relief to those who are simply trying to pay off their debts, so they can end the cycle of debt they are trapped in.”

With one in three Illinois residents in the debt collection process according to the Heartland Alliance, the new law takes two steps to protect Illinois residents from crushing debt.

Helping families avoid the cycle of debt that prevents them from building long-term financial security, the new law lowers post-judgment interest rates on consumer debt under $25,000 from 9% to 5%. It also reduces the timeframe to collect on a judgment from 26 to 17 years by limiting revivals, preventing debt collectors from trapping families in debt with judgments that are decades old.

HB 88 was passed unanimously without opposition from debt collectors and other financial institutions. The new law takes effect January 1, 2020.

“Debt can be a real, crushing thing that keeps people trapped in a cycle of poverty,” said Assistant Senate Majority Leader Iris Martinez. “By making it easier for people to make payments, we are not only making it more likely for the debt to be paid but also helping people move toward financial independence.”

“Millions of Illinoisans struggle with consumer debt, and our laws have allowed far too many of them to get trapped in an endless cycle of collections,” said Rep. Will Guzzardi. “Today, we’re putting reasonable limits on debt collection to protect people from predation and help them get back on their feet. HB 88 is a significant reform for justice and fairness in our state, and I’m honored to have been a part of its passage.”

  5 Comments      


*** UPDATED x1 *** Pritzker shifts on Trump impeachment

Monday, Jul 29, 2019 - Posted by Rich Miller

* April 23

Democrats across the country may be split about whether President Donald Trump should be impeached following the release of the Mueller report, but Gov. J.B. Pritzker on Monday said he has seen nothing to change his mind.

“Well, I was right two years ago when I called for his impeachment, and I’m right today. I’m sticking by that,” Pritzker told the Sun-Times.

* July 27

Illinois Gov. J.B. Pritzker, who first called two years ago for Trump’s impeachment, said in an interview that, for tactical reasons, he is no longer certain if Democrats should pursue impeachment.

“I think that we’re now a year and a quarter away from the general election, and so I think there is a question, could you actually accomplish the goal of removing the president by impeachment before he would be removed by virtue of the election,” Pritzker said. “It’s a question of timing: How long would that take, how effective would that be?”

*** UPDATE *** The governor was asked about the above comment today and he appeared to back away from backing away. He talked about the amount of time it took to start the investigative process in the Congress, but then said

I think he should be out of office as soon as humanly possible. So the only question to me is, is that gonna happen with an impeachment process or is that gonna happen with an election.

…Adding… Bernie

“It does sound like he’s going all in … on the Illinois is a progressive state thing,” said CHRIS MOONEY, professor of political science at the University of Illinois at Chicago.

“The way he’s talking is unusual in the state of Illinois,” Mooney added, saying politics has tended to be more middle-of-the-road.

“But he’s taken a different approach,” Mooney said.

“That may be because he sees demographic trends and political trends in this state moving in that direction, and he wants to get ahead of it,” Mooney said. “It may be because that’s just who he is and that’s what he wants to do and he’s been elected and now he’s going to do it. Or it may be because he’s a neophyte.”

Mooney noted Pritzker’s statements on abortion “really got under the nerves of a lot of right-wing Republicans,” and the cancellation of the Confederate Railroad concert could have been done “without the flamboyant rhetoric.”

  72 Comments      


*** LIVE COVERAGE ***

Monday, Jul 29, 2019 - Posted by Rich Miller

* Follow along with ScribbleLive


  Comments Off      


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