Calif may issue IOUs by Feb
Does this mean you will be able to pay your Calif state income tax in April with an IOU?
California State Controller John Chiang warned state agencies that unless the governor and legislature resolve a budget dispute, his office will be forced to issue IOUs as early as Feb. 1.
"IOUs may have to be issued in lieu of salaries and per diem payments to 1,700 legislators, state elected officers, judges and their appointed staff, as well as tax refunds owed to individuals and businesses," Chiang said in a letter released late Tuesday. ...
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