Over the two-year span of the budget, spending will increase a modest average of 2.2 percent annually. That's lower than any budget in the last 42 years. Eleven state agencies will absorb a funding cut over the biennium, and 20 others will make
do without any additional funding. Making these tough choices allows us to target our resources to address our greatest needs and our greatest opportunities.
Source: State of the State Address
Mar 14, 2007
Voted YES on restricting bankruptcy rules.
Vote to pass the bill that would require debtors who are able to pay back $10,000 or 25 percent of their debts over five years to file under Chapter 13, rather then seeking to discharge their debts under Chapter 7. Chapter 13, calls for a reorganization of debts under a repayment plan. A Debtor would be restricted, in this bill, to a total exemption of $125,000 in home equity for residences bought within 40 months of a bankruptcy filing. The bill also would establish permanent and retroactive Chapter 12 bankruptcy relief for farmers.
Reference: Bankruptcy Abuse Prevention and Consumer Protection Act;
Bill S 1920
; vote number 2004-10
on Jan 28, 2004
