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On June 24th in Galesburg, Gov. Rod R. Blagojevich signed House Bill 115, which creates an interest-free loan program to help Illinois fire departments purchase new vehicles.
The Fire Service has been working many years to bring about this type of legislation. Through the tireless efforts of Representative Don Moffitt, Representative Mike Smith, the Illinois House Task Force on Fire Protection Funding, and the benevolent action of Governor Blagojevich, the Illinois fire service will be better trained and equipped to carry out their responsibilities, protecting the citizens of Illinois.
This new legislation creates the Revolving Fire Truck Loan program, which will provide zero-interest loans of up to $250,000 to fire departments or fire protection districts for the purchase of new fire trucks. The loans must be repaid at a rate of at least five percent a year for total payoff within 20 years. This program is now up and running. For more information, contact the State Fire Marshal's Office.
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