IL HB4053 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Toll Highway Act. Provides that beginning July 1, 2018, all toll revenue collected by the Illinois State Toll Highway Authority from the toll highway system, including, but not limited to, any civil fines or fees collected under the Act, shall be used to pay the principal and interest payments of all bonds issued by the Authority under the Act until all bond payment obligations have been satisfied. Provides that after satisfaction of the bond payment obligations, the Authority shall spend toll revenue received from the toll highway system as provided under the Act.

Tracking Information

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Title

TOLL HGHWY-TOLL REVENUE-BONDS

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2017-05-23HouseReferred to Rules Committee
2017-05-23HouseFirst Reading
2017-05-23HouseFiled with the Clerk by Rep. Allen Skillicorn

Code Citations

ChapterArticleSectionCitation TypeStatute Text
6051019Amended CodeCitation Text
6051023Amended CodeCitation Text

Illinois State Sources


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