Not a Loan - it was a $400,000 gift of dues money
Austin Berg @A_R_BERG
Chicago Teachers Union leadership to members: Don’t worry it’s just a $415,00 loan. We’ll pay you back. CTU attorney (who like Brandon Johnson double dips as a Cook County commissioner) to state authorities: It’s definitely not a loan.
6:38 PM · Feb 22, 2023
https://twitter.com/A_R_BERG/status/1628554974857764866?s=20&fbclid=IwAR289t7mE7-2XSzSwOiIKFl6wfs1tJPMwzYrAXbAEz1GMp6ZLqhEowFjRRsAfter the Chicago Teachers Union was caught making two illegal loans to a Political Action Committee totaling $400,000 they are changing what has been declared and voted on by union representatives ... it was not "a loan" it was a donation of dues collected as a gift to be used for politics. The money will never be re-paid to the union members its gone.
CTU is now saying that the contributions in question were actually aggregated member dues, not loans.
Attorney Larry Suffredin will compose letters in each case to confirm the receipt amounts in each instance were aggregated dues. We’ll make that part of the public filing for each committee. We have asked him to instruct each committee to report such receipts more transparently on the front end in the future (perhaps using parenthetical information after the donor/lender name) to head off a repeat of the confusion here.
I would expect the explanatory letters to appear in the committee files on our website tomorrow. If this is the case, there would be no violation https://capitolfax.com/2023/02/22/ctu-loan-may-have-violated-state-law/
story earlier today is below
Looks like CTU Officers Broke Election Finance the Law Loaning Dues Money to PAC for Brandon Johnson https://m.facebook.com/story.php?story_fbid=pfbid02q8dAzDFbAYyfLLhFnNLZ21Hg4p2TrNAVKBnQK8vz1YaPyP1Q3ooY88YXik4pV7zMl&id=100041607437051&mibextid=Nif5oz
Austin Berg @A_R_BERG
Chicago Teachers Union leadership to members: Don’t worry it’s just a $415,00 loan. We’ll pay you back. CTU attorney (who like Brandon Johnson double dips as a Cook County commissioner) to state authorities: It’s definitely not a loan.
6:38 PM · Feb 22, 2023 https://twitter.com/A_R_BERG/status/1628554974857764866?s=20