SPRINGFIELD – More veteran-owned businesses would secure state contracts under a measure sponsored by Assistant Majority Leader Tony Munoz (D-Chicago).

“We need to do our best to foster veteran-owned businesses in our state,” Munoz said. “This is a valuable commitment to veterans who are establishing themselves after serving our country.”

Senate Bill 1680 allows chief procurement officers to set aside a fair proportion of construction, supply or service contracts for veteran-owned businesses, and was approved by the Senate on Thursday.

Currently, state agencies have a goal of awarding at least 3 percent of state contracts to veteran-owned businesses.

In order to be considered a veteran-owned or disabled veteran-owned business, it must be at least 51 percent owned by one or more veterans or service-disabled veterans.

The proposal heads to the House consideration.

SPRINGFIELD – Spouses of police officers killed in the line of duty would be eligible for grants and scholarships from the Police Memorial Committee under a proposal by Assistant Majority Leader Tony Munoz (D-Chicago).

“This measure offers support to spouses who have lost their partner in the line of duty,” said Munoz, a former Chicago police officer. “Moving forward after such a tragic loss is extremely difficult, but offering scholarships can play a small part in a spouse’s healing process.”

Currently, the Police Memorial Committee offers scholarships to children of police officers killed in the line of duty. Senate Bill 1183 extends the pool of recipients to include spouses.

The Police Memorial Committee Fund receives $10 of every issuance fee for Police Memorial Committee license plates, and $23 of every renewal fee thereafter. The fund is also used for maintaining a memorial statute on the Capitol Complex, and holding an annual memorial commemoration.

The measure heads to the House for consideration.

SPRINGFIELD – More veteran-owned businesses would secure state contracts under a measure sponsored by Assistant Majority Leader Tony Munoz (D-Chicago).

“Setting aside contracts for veteran-owned businesses ensures that we are spending state dollars on supporting our veterans as they work to establish lives after their service to our country,” Munoz said.

Senate Bill 1680 allows chief procurement officers to set aside a fair proportion of construction, supply or service contracts for veteran-owned businesses, and was approved by the Senate Executive Committee on Wednesday.

Currently, state agencies have a goal of awarding at least 3 percent of state contracts to veteran-owned businesses.

In order to be considered a veteran-owned or disabled veteran-owned business, it must be at least 51 percent owned by one or more veterans or service disabled veterans.

The proposal heads to the full Senate for consideration.

SPRINGFIELD – To protect individuals who take out a payday loan, Assistant Majority Leader Tony Munoz (D-Chicago) is leading efforts to ensure that the final payment on a loan is not significantly higher than the previous payment.

“Consumers shouldn’t be overwhelmed by the final payment on a loan,” Munoz said. “They should be able to budget throughout the life of a loan without any surprises.”

Senate Bill 1758, which was approved by the Senate executive Committee on Wednesday, caps the amount for a final payment on a loan to 5 percent more than the previously scheduled payment.

The plan clarifies the meaning of “substantially equal installments” in a previous law enacted to help consumers budget effectively to pay back loans. It also makes sure that the entire principal on a loan is not due on the last payment.

The measure heads to the full Senate for consideration.