IL SB1985 | 2019-2020 | 101st General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the General Obligation Bond Act. Removes provisions requiring transfer of funds from the Road Fund to pay the aggregate of the principal of, interest on, and premium on bonds authorized under Public Act 98-781. Amends the Regional Transportation Authority Act. Removes provisions authorizing transfer of the first $100,000,000 of specified occupation and use taxes to the Road Fund (rather than the General Revenue Fund). Makes conforming changes. Effective July 1, 2019.
Title
ROAD FUND-PAYMENTS & TRANSFERS
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-13 | Senate | Session Sine Die |
| 2019-02-15 | Senate | Referred to Assignments |
| 2019-02-15 | Senate | First Reading |
| 2019-02-15 | Senate | Filed with Secretary by Sen. Dan McConchie |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 30 | 330 | 15 | Amended Code | Citation Text |
| 70 | 3615 | 4.09 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1985&GAID=15&DocTypeID=SB&SessionID=108&GA=101 |
| Text | https://www.ilga.gov/legislation/101/SB/10100SB1985.htm |
