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House OKs Bill. Pensions Would Be Lost For Public Corruption

February 9, 2012
By Patrick Boylan

The Stop Trading On Congressional Knowledge Act, a bill to end public pension payments to persons convicted of public corruption, has passed the US House.

Backed by Illinois Congressmen Robert Dold and Mike Quigley, the bill was inspired by frustration over continuing payments to public officials convicted of official corruption such as former Illinois Governors Rod Blagojevich and George Ryan.

“I am pleased that my ‘No Pensions for Felons’ legislation has no been included in the STOCK Act,” Dold said in a news release. Dold explained the strengthened STOCK Act adds 21 additional public corruption felonies to a list that would result in the loss of federal pensions.

“This legislation ends what could only be viewed as rewards for those who abuse the public’s trust,” Quigley said in a release.

Blagojevich held the same Congressional seat as Quigley during his Congressional period.

 

Related posts:

  1. Quigley proposes bill that would dispose of excess gov’t property
  2. Proposal to restore ‘Honest Services statute
  3. Bill would prevent millions of bird deaths: American Bird Conservancy
  4. House passes Cullerton bill to restore accountability, strengthen oversight in appointments

Tags: corruption, Mike Quigley, STOCK Act

This entry was posted on February 9, 2012 at 11:43 am and is filed under Other Local News. You can follow any responses to this entry through the RSS 2.0 feed.

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