Bill Text: IL HB0289 | 2009-2010 | 96th General Assembly | Enrolled
Bill Title: Amends the Illinois State Auditing Act. Provides for the establishment and operation within the Office of the Auditor General of an Appropriations Earmark Unit to conduct performance audits of earmarked appropriations that become law. Requires operation of a telephone hot line to receive anonymous suggestions for audits of grant programs and earmarked appropriations. Requires the audits to be public records and filed with the Legislative Audit Commission. Requires a majority vote of the Commission in order to direct the Auditor General to cease conducting an audit. Effective July 1, 2009.
Spectrum: Bipartisan Bill
Status: (Passed) 2009-04-03 - Public Act . . . . . . . . . 96-0005 [HB0289 Detail]
Download: Illinois-2009-HB0289-Enrolled.html
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| 1 | AN ACT concerning finance.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. If and only if House Bill 210 of the 96th | ||||||
| 5 | General Assembly becomes law, the General Obligation Bond Act | ||||||
| 6 | is amended by changing Sections 2 and 4 as follows:
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| 7 | (30 ILCS 330/2) (from Ch. 127, par. 652)
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| 8 | Sec. 2. Authorization for Bonds. The State of Illinois is | ||||||
| 9 | authorized to
issue, sell and provide for the retirement of | ||||||
| 10 | General Obligation Bonds of
the State of Illinois for the | ||||||
| 11 | categories and specific purposes expressed in
Sections 2 | ||||||
| 12 | through 8 of this Act, in the total amount of $30,693,149,369 | ||||||
| 13 | $27,693,149,369.
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| 14 | The bonds authorized in this Section 2 and in Section 16 of | ||||||
| 15 | this Act are
herein called "Bonds".
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| 16 | Of the total amount of Bonds authorized in this Act, up to | ||||||
| 17 | $2,200,000,000
in aggregate original principal amount may be | ||||||
| 18 | issued and sold in accordance
with the Baccalaureate Savings | ||||||
| 19 | Act in the form of General Obligation
College Savings Bonds.
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| 20 | Of the total amount of Bonds authorized in this Act, up to | ||||||
| 21 | $300,000,000 in
aggregate original principal amount may be | ||||||
| 22 | issued and sold in accordance
with the Retirement Savings Act | ||||||
| 23 | in the form of General Obligation
Retirement Savings Bonds.
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| 1 | Of the total amount of Bonds authorized in this Act, the | ||||||
| 2 | additional
$10,000,000,000 authorized by this amendatory Act | ||||||
| 3 | of the 93rd General
Assembly shall be used solely as provided | ||||||
| 4 | in Section 7.2.
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| 5 | The issuance and sale of Bonds pursuant to the General | ||||||
| 6 | Obligation Bond
Act is an economical and efficient method of | ||||||
| 7 | financing the long-term capital needs of
the State. This Act | ||||||
| 8 | will permit the issuance of a multi-purpose General
Obligation | ||||||
| 9 | Bond with uniform terms and features. This will not only lower
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| 10 | the cost of registration but also reduce the overall cost of | ||||||
| 11 | issuing debt
by improving the marketability of Illinois General | ||||||
| 12 | Obligation Bonds.
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| 13 | (Source: P.A. 95-1026, eff. 1-12-09.)
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| 14 | (30 ILCS 330/4) (from Ch. 127, par. 654)
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| 15 | Sec. 4. Transportation. The amount of $8,313,399,000 | ||||||
| 16 | $5,313,399,000
is authorized for use by the Department of | ||||||
| 17 | Transportation for the specific
purpose of promoting and | ||||||
| 18 | assuring rapid, efficient, and safe highway, air and
mass | ||||||
| 19 | transportation for the inhabitants of the State by providing | ||||||
| 20 | monies,
including the making of grants and loans, for the | ||||||
| 21 | acquisition, construction,
reconstruction, extension and | ||||||
| 22 | improvement of the following transportation
facilities and | ||||||
| 23 | equipment, and for the acquisition of real property and
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| 24 | interests in real property required or expected to be required | ||||||
| 25 | in connection
therewith as follows:
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| 1 | (a) $5,432,129,000 $3,432,129,000 for State highways, | ||||||
| 2 | arterial
highways, freeways,
roads, bridges, structures | ||||||
| 3 | separating highways and railroads and roads, and
bridges on | ||||||
| 4 | roads maintained by counties, municipalities, townships or | ||||||
| 5 | road
districts for the following specific purposes:
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| 6 | (1) $3,330,000,000 for use statewide,
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| 7 | (2) $3,677,000 for use outside the Chicago urbanized
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| 8 | area,
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| 9 | (3) $7,543,000 for use within the Chicago urbanized | ||||||
| 10 | area,
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| 11 | (4) $13,060,600 for use within the City of Chicago,
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| 12 | (5) $58,987,500 for use within the counties of Cook,
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| 13 | DuPage, Kane, Lake, McHenry and Will, and
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| 14 | (6) $18,860,900 for use outside the counties of Cook, | ||||||
| 15 | DuPage, Kane,
Lake, McHenry and Will, and .
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| 16 | (7) $2,000,000,000 for use on projects included in | ||||||
| 17 | either (i) the FY09-14 Proposed Highway Improvement | ||||||
| 18 | Program as published by the Illinois Department of | ||||||
| 19 | Transportation in May 2008 or (ii) the FY10-15 Proposed | ||||||
| 20 | Highway Improvement Program to be published by the Illinois | ||||||
| 21 | Department of Transportation in the spring of 2009; except | ||||||
| 22 | that all projects must be maintenance projects for the | ||||||
| 23 | existing State system with the goal of reaching 90% | ||||||
| 24 | acceptable condition in the system statewide and further | ||||||
| 25 | except that all projects must reflect the generally | ||||||
| 26 | accepted historical distribution of projects throughout | ||||||
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| 1 | the State. | ||||||
| 2 | (b) $2,529,670,000 $1,529,670,000 for rail facilities and | ||||||
| 3 | for
mass transit facilities, as defined in Section 2705-305 of | ||||||
| 4 | the Department of
Transportation Law (20 ILCS 2705/2705-305), | ||||||
| 5 | including rapid transit, rail, bus
and other equipment used in | ||||||
| 6 | connection therewith by the State or any unit of
local | ||||||
| 7 | government, special transportation district, municipal | ||||||
| 8 | corporation or
other corporation or public authority | ||||||
| 9 | authorized to provide and promote public
transportation within | ||||||
| 10 | the State or two or more of the foregoing jointly, for
the | ||||||
| 11 | following specific purposes:
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| 12 | (1) $1,433,870,000 statewide,
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| 13 | (2) $83,350,000 for use within the counties of Cook,
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| 14 | DuPage, Kane, Lake, McHenry and Will,
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| 15 | (3) $12,450,000 for use outside the counties of Cook,
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| 16 | DuPage, Kane, Lake, McHenry and Will, and .
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| 17 | (4) $1,000,000,000 for use on projects that shall | ||||||
| 18 | reflect the generally accepted historical distribution of | ||||||
| 19 | projects throughout the State. | ||||||
| 20 | (c) $351,600,000 for airport or aviation facilities and any | ||||||
| 21 | equipment used
in connection therewith, including engineering | ||||||
| 22 | and land acquisition costs,
by the State or any unit of local | ||||||
| 23 | government, special transportation district,
municipal | ||||||
| 24 | corporation or other corporation or public authority | ||||||
| 25 | authorized
to provide public transportation within the State, | ||||||
| 26 | or two or more of the
foregoing acting jointly, and for the | ||||||
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| 1 | making of deposits into the Airport
Land Loan Revolving Fund | ||||||
| 2 | for loans to public airport owners pursuant to the
Illinois | ||||||
| 3 | Aeronautics Act.
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| 4 | (Source: P.A. 91-39, eff. 6-15-99; 91-239, eff. 1-1-00; 91-712, | ||||||
| 5 | eff. 7-1-00;
92-13, eff. 6-22-01.)
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| 6 | Section 99. Effective date. This Act takes effect upon | ||||||
| 7 | becoming law.
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