Bill Title: Amends the Counties Code and the State Finance Act. Creates the Local Transportation Match Fund. Provides that a county may, by ordinance, direct that the taxes and penalties collected for specified purposes in the Counties Code (the County Option Motor Fuel Tax and the Special County Retailers' Occupation Tax for Public Safety or Transportation) be deposited into the Fund. Provides that moneys in the Fund shall be used for federal matching funds for participating counties. Requires income on moneys in the Fund to be deposited into the Fund and credited to the counties proportionately. Requires repayment to the counties when State moneys are available and sufficient for matching funds or in 10 years, whichever is earlier. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Vetoed) 2009-10-21 - Bill Dead - No Positive Action Taken - Amendatory Veto [HB1322 Detail]

Text: Latest bill text (Enrolled) [HTML]

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