SB 788 - Authorizing $16 Billion Increase in Bonds for State Pensions - Illinois Key Vote

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Title: Authorizing $16 Billion Increase in Bonds for State Pensions

Vote Smart's Synopsis:

Vote to pass a bill that authorizes an additional $16 billion in bonds to increase the funding for the state pension plan.

Highlights:

- States that the interest rates on bonds shall not exceed 5.95 percent (Sec. 5).

Title: Authorizing $16 Billion Increase in Bonds for State Pensions

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