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*LRB10412004RTM22099b* HB2963 104TH GENERAL ASSEMBLY State of Illinois and 2026 HB2963 Introduced 2/6/2025, by Rep.
*LRB10412004RTM23609a* Rep.
SYNOPSIS AS INTRODUCED:
Filed:
See Index Creates the Road Usage Charge Act.
3/18/2025 10400HB2963ham001 LRB104 12004 RTM 23609 a AMENDMENT TO HOUSE BILL 2963 AMENDMENT NO.
Establishes the Road Usage Charge Advisory Committee to guide the development and evaluation of the road usage charge pilot program and to assess the potential for mileage-based revenue as an alternative to the current system of taxing highway use through motor fuel taxes.
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Sets forth the membership and duties of the committee.
Amend House Bill 2963 by replacing everything after the enacting clause with the following:
Requires the Department of Transportation, in consultation with the Secretary of State and based on the recommendations of the Committee, to implement a statewide pilot program by January 1, 2026 to assess a user fee on owners of motor vehicles that is based on the number of miles traveled on public roadways in this State by those vehicles.
"Section 1.
Amends the Metropolitan Transit Authority Act.
Provides that, on and after February 1, 2026, the Chicago Transit Board shall have 8 members (currently 7 members).
Makes changes to the number of affirmative votes by Directors required to issue bonds.
Amends the Regional Transportation Authority Act.
Provides that the Annual Budget and 2-Year Financial Plan must show that the aggregate of all projected fare revenues from fares and charges for mass transportation provided by, or under grant or purchase of service contracts of, the Service Boards received in fiscal years 2026 and 2027 shall equal at least 25%, and in fiscal years 2028 and 2029 and every year thereafter at least 15%, of the aggregate cost of providing such public transportation in those fiscal years.
Provides that, beginning July 1, 2026, the Regional Transportation Authority shall be the sole agency responsible for the management and oversight of the fare collection systems used on all public transportation provided by the Service Boards.
Makes changes to the membership of the Suburban Bus Board and the Commuter Rail Board.
Makes changes to the number of affirmative votes required by the Directors of the Authority to approve decisions regarding the strategic plan, coordination of fares and service, appointment of officers and employees, paratransit services, powers of the Commuter Rail Board, labor, budget, taxes, distribution of revenues, issuing and pledging bonds and notes, budget review powers, the annual capital improvement plan, and rate protection contracts.
Makes other changes.
Effective January 1, 2026.
LRB104 12004 RTM 22099 b A BILL FOR HB2963 LRB104 12004 RTM 22099 b AN ACT concerning transportation.
Be it enacted by the People of the State of Illinois, represented in the General Assembly:
Section 1.
(b) The General Assembly further recognizes that the gas tax is an ineffective mechanism for meeting Illinois' long-term revenue needs because it will steadily generate less revenue as cars become more fuel efficient and alternative sources of fuel are identified.
(b) The General Assembly further recognizes that the gas tax is an ineffective mechanism for meeting Illinois' 10400HB2963ham001 -2- LRB104 12004 RTM 23609 a long-term revenue needs because it will steadily generate less revenue as cars become more fuel efficient and alternative sources of fuel are identified.
(c) The General Assembly further recognizes that other states have begun to explore the potential for a road usage charge to replace traditional motor fuel taxes, including the State of Oregon, which established the first permanent road HB2963 - 2 - LRB104 12004 RTM 22099 b user charge program in the nation.
(c) The General Assembly further recognizes that other states have begun to explore the potential for a road usage charge to replace traditional motor fuel taxes, including the State of Oregon, which established the first permanent road user charge program in the nation.
Section 15.
10400HB2963ham001 -3- LRB104 12004 RTM 23609 a Section 15.
HB2963 - 3 - LRB104 12004 RTM 22099 b (1) the Secretary of Transportation or the Secretary's designee;
(1) the Secretary of Transportation or the Secretary's designee;
(2) make recommendations to the Department to establish the rules necessary for implementation of the pilot program, including a process for selecting volunteers, mileage reporting requirements, and privacy standards;
(2) make recommendations to the Department to 10400HB2963ham001 -4- LRB104 12004 RTM 23609 a establish the rules necessary for implementation of the pilot program, including a process for selecting volunteers, mileage reporting requirements, and privacy standards;
HB2963 - 4 - LRB104 12004 RTM 22099 b (d) On request, the Department shall assist the Committee in implementing this Section.
(d) On request, the Department shall assist the Committee in implementing this Section.
(B) reporting the number of miles traveled by particular vehicles;
10400HB2963ham001 -5- LRB104 12004 RTM 23609 a (B) reporting the number of miles traveled by particular vehicles;
(A) protect the integrity of data collected and HB2963 - 5 - LRB104 12004 RTM 22099 b reported;
(A) protect the integrity of data collected and reported;
(c) The Department shall ensure that participants in the pilot program:
(c) The Department shall ensure that participants in the 10400HB2963ham001 -6- LRB104 12004 RTM 23609 a pilot program:
HB2963 - 6 - LRB104 12004 RTM 22099 b Section 25.
Section 25.
(4) data collection technology, including a discussion of the advantages and disadvantages of various types of data collection equipment and the privacy implications and consideration of the equipment;
(4) data collection technology, including a discussion of the advantages and disadvantages of various types of 10400HB2963ham001 -7- LRB104 12004 RTM 23609 a data collection equipment and the privacy implications and consideration of the equipment;
and (6) the Department's recommendations together with suggested legislation necessary to implement the HB2963 - 7 - LRB104 12004 RTM 22099 b recommendations.
and (6) the Department's recommendations together with suggested legislation necessary to implement the recommendations.
Section 35.
Section 100.
Provided further that, the board shall not issue and have outstanding or demand and direct that the Board of the Regional Transportation Authority issue and have outstanding more than an aggregate of $40,000,000 in Working Cash Notes.
Provided further that, the board shall not issue and 10400HB2963ham001 -8- LRB104 12004 RTM 23609 a have outstanding or demand and direct that the Board of the Regional Transportation Authority issue and have outstanding more than an aggregate of $40,000,000 in Working Cash Notes.
Proceeds of Working Cash Notes may be used to pay day to day operating expenses of the Authority, consisting of wages, salaries and fringe benefits, professional and HB2963 - 8 - LRB104 12004 RTM 22099 b technical services (including legal, audit, engineering and other consulting services), office rental, furniture, fixtures and equipment, insurance premiums, claims for self-insured amounts under insurance policies, public utility obligations for telephone, light, heat and similar items, travel expenses, office supplies, postage, dues, subscriptions, public hearings and information expenses, fuel purchases, and payments of grants and payments under purchase of service agreements for operations of transportation agencies, prior to the receipt by the Authority from time to time of funds for paying such expenses.
Proceeds of Working Cash Notes may be used to pay day to day operating expenses of the Authority, consisting of wages, salaries and fringe benefits, professional and technical services (including legal, audit, engineering and other consulting services), office rental, furniture, fixtures and equipment, insurance premiums, claims for self-insured amounts under insurance policies, public utility obligations for telephone, light, heat and similar items, travel expenses, office supplies, postage, dues, subscriptions, public hearings and information expenses, fuel purchases, and payments of grants and payments under purchase of service agreements for operations of transportation agencies, prior to the receipt by the Authority from time to time of funds for paying such expenses.
(b) The ordinance providing for the issuance of any such notes shall fix the date or dates of maturity, the dates on which interest is payable, any sinking fund account or reserve fund account provisions and all other details of such notes and may provide for such covenants or agreements necessary or desirable with regard to the issue, sale and security of such notes.
10400HB2963ham001 -9- LRB104 12004 RTM 23609 a (b) The ordinance providing for the issuance of any such notes shall fix the date or dates of maturity, the dates on which interest is payable, any sinking fund account or reserve fund account provisions and all other details of such notes and may provide for such covenants or agreements necessary or desirable with regard to the issue, sale and security of such notes.
The Authority shall determine and fix the rate or rates HB2963 - 9 - LRB104 12004 RTM 22099 b of interest of its notes issued under this Act in an ordinance adopted by the Board prior to the issuance thereof, none of which rates of interest shall exceed that permitted in the Bond Authorization Act.
The Authority shall determine and fix the rate or rates of interest of its notes issued under this Act in an ordinance adopted by the Board prior to the issuance thereof, none of which rates of interest shall exceed that permitted in the Bond Authorization Act.
The ordinance authorizing notes may provide for the exchange of such notes which are fully registered, as to both principal and interest, with notes which are registerable as to principal only.
The 10400HB2963ham001 -10- LRB104 12004 RTM 23609 a ordinance authorizing notes may provide for the exchange of such notes which are fully registered, as to both principal and interest, with notes which are registerable as to principal only.
All notes issued under this Section by the Board shall be sold at a price which may be at a premium or discount but such that the interest cost (excluding any redemption premium) to the Board of the proceeds of an issue of HB2963 - 10 - LRB104 12004 RTM 22099 b such notes, computed to stated maturity according to standard tables of bond values, shall not exceed that permitted in the Bond Authorization Act.
All notes issued under this Section by the Board shall be sold at a price which may be at a premium or discount but such that the interest cost (excluding any redemption premium) to the Board of the proceeds of an issue of such notes, computed to stated maturity according to standard tables of bond values, shall not exceed that permitted in the Bond Authorization Act.
The notes may be sold either upon competitive bidding or by negotiated sale (without any requirement of publication of intention to negotiate the sale of such notes), as the Board shall determine by ordinance adopted with the affirmative votes of at least 4 Directors, prior to February 1, 2026, and with the affirmative votes of at least 5 Directors, beginning February 1 2026.
The notes may be sold either upon competitive bidding or by negotiated sale (without any requirement of publication of intention to negotiate the sale of such notes), as the Board shall determine by ordinance adopted with the affirmative votes of at least 4 Directors, prior to February 1, 2026, and with the affirmative votes of at least 5 Directors, beginning February 1, 2026.
Neither the Directors of the Regional Transportation Authority, the Directors of the Authority nor any person executing any bonds or notes thereof shall be liable personally on any such bonds or notes or coupons by reason of the issuance thereof.
Neither the Directors of the Regional Transportation Authority, the Directors of the Authority nor any person executing any bonds or notes thereof shall be liable personally on any such bonds or notes or coupons by reason of 10400HB2963ham001 -11- LRB104 12004 RTM 23609 a the issuance thereof.
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Such notes shall be secured as provided in the authorizing ordinance, which may, notwithstanding any other provision of this Act, include in HB2963 - 11 - LRB104 12004 RTM 22099 b addition to any other security, a specific pledge or assignment of and lien on or security interest in any or all tax receipts of the Regional Transportation Authority allocated to the Authority and on any or all other revenues or moneys of the Authority from whatever source which may by law be utilized for debt service purposes and a specific pledge or assignment of and lien on or security interest in any funds or accounts established or provided for by the ordinance of the Board authorizing the issuance of such notes.
Such notes shall be secured as provided in the authorizing ordinance, which may, notwithstanding any other provision of this Act, include in addition to any other security, a specific pledge or assignment of and lien on or security interest in any or all tax receipts of the Regional Transportation Authority allocated to the Authority and on any or all other revenues or moneys of the Authority from whatever source which may by law be utilized for debt service purposes and a specific pledge or assignment of and lien on or security interest in any funds or accounts established or provided for by the ordinance of the Board authorizing the issuance of such notes.
The obligations of the Authority incurred pursuant to this Section shall be superior to and have priority over any other obligations of the Authority except for obligations under Section 12.
The obligations of the Authority incurred pursuant to this Section shall be superior to and have priority over any other obligations of 10400HB2963ham001 -12- LRB104 12004 RTM 23609 a the Authority except for obligations under Section 12.
The ordinance authorizing the issuance of any notes pursuant to this Section may contain provisions as part of the contract with the HB2963 - 12 - LRB104 12004 RTM 22099 b holders of the notes, for the creation of a separate fund to provide for the payment of principal and interest on such notes and for the deposit in such fund from any or all the tax receipts of the Regional Transportation Authority allocated to the Authority and from any or all such other moneys or revenues of the Authority from whatever source which may by law be utilized for debt service purposes, all as provided in such ordinance, of amounts to meet the debt service requirements on such notes, including principal and interest, and any sinking fund or reserve fund account requirements as may be provided by such ordinance, and all expenses incident to or in connection with such fund and accounts or the payment of such notes.
The ordinance authorizing the issuance of any notes pursuant to this Section may contain provisions as part of the contract with the holders of the notes, for the creation of a separate fund to provide for the payment of principal and interest on such notes and for the deposit in such fund from any or all the tax receipts of the Regional Transportation Authority allocated to the Authority and from any or all such other moneys or revenues of the Authority from whatever source which may by law be utilized for debt service purposes, all as provided in such ordinance, of amounts to meet the debt service requirements on such notes, including principal and interest, and any sinking fund or reserve fund account requirements as may be provided by such ordinance, and all expenses incident to or in connection with such fund and accounts or the payment of such notes.
(d) The ordinance of the Board authorizing the issuance of any notes may provide additional security for such notes by providing for appointment of a corporate trustee (which may be any trust company or bank having the powers of a trust company within the State) with respect to such notes.
(d) The ordinance of the Board authorizing the issuance of any notes may provide additional security for such notes by providing for appointment of a corporate trustee (which may be 10400HB2963ham001 -13- LRB104 12004 RTM 23609 a any trust company or bank having the powers of a trust company within the State) with respect to such notes.
The ordinance may provide for the trustee to hold in trust, invest and use amounts in funds and accounts created as provided by the HB2963 - 13 - LRB104 12004 RTM 22099 b ordinance with respect to the notes.
The ordinance may provide for the trustee to hold in trust, invest and use amounts in funds and accounts created as provided by the ordinance with respect to the notes.
(f) The State of Illinois pledges to and agrees with the holders of the notes of the Authority issued pursuant to this Section that the State will not limit or alter the rights and powers vested in the Authority by this Act or in the Regional Transportation Authority by the Regional Transportation Authority Act so as to impair the terms of any contract made by the Authority with such holders or in any way impair the rights and remedies of such holders until such notes, together with HB2963 - 14 - LRB104 12004 RTM 22099 b interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceedings by or on behalf of such holders, are fully met and discharged.
(f) The State of Illinois pledges to and agrees with the 10400HB2963ham001 -14- LRB104 12004 RTM 23609 a holders of the notes of the Authority issued pursuant to this Section that the State will not limit or alter the rights and powers vested in the Authority by this Act or in the Regional Transportation Authority by the Regional Transportation Authority Act so as to impair the terms of any contract made by the Authority with such holders or in any way impair the rights and remedies of such holders until such notes, together with interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceedings by or on behalf of such holders, are fully met and discharged.
Notes which are being paid or retired by such issuance, sale or delivery of notes, and notes for which sufficient funds have been deposited with the paying agency of such notes to provide for payment of principal and interest thereon or to provide for the redemption thereof, all pursuant to the ordinance authorizing the issuance of such notes, shall not be considered to be outstanding for the purposes of this paragraph.
Notes which are being paid or retired by such issuance, sale or delivery of notes, and notes for which sufficient funds have been deposited with the paying agency of such notes to provide for 10400HB2963ham001 -15- LRB104 12004 RTM 23609 a payment of principal and interest thereon or to provide for the redemption thereof, all pursuant to the ordinance authorizing the issuance of such notes, shall not be considered to be outstanding for the purposes of this paragraph.
(h) The Board, subject to the terms of any agreements with noteholders as may then exist, shall have power, out of any HB2963 - 15 - LRB104 12004 RTM 22099 b funds available therefor, to purchase notes of the Authority which shall thereupon be cancelled.
(h) The Board, subject to the terms of any agreements with noteholders as may then exist, shall have power, out of any funds available therefor, to purchase notes of the Authority which shall thereupon be cancelled.
(1) in the first year after default, one-third of the total amount of any payments of State funds to the Authority;
(1) in the first year after default, one-third of the total amount of any payments of State funds to the 10400HB2963ham001 -16- LRB104 12004 RTM 23609 a Authority;
and (3) in the third year after default and for each year thereafter until the total invested amount is repaid, the total amount of any payments of State funds to the HB2963 - 16 - LRB104 12004 RTM 22099 b Authority.
and (3) in the third year after default and for each year thereafter until the total invested amount is repaid, the total amount of any payments of State funds to the Authority.
(Source:
10400HB2963ham001 -17- LRB104 12004 RTM 23609 a (Source:
(a) In addition to all other bonds or notes that it is authorized to issue, the Authority is authorized to issue its bonds or notes for the purposes of providing funds for the HB2963 - 17 - LRB104 12004 RTM 22099 b Authority to make the deposits described in Section 12c(b)(1) and (2), for refunding any bonds authorized to be issued under this Section, as well as for the purposes of paying costs of issuance, obtaining bond insurance or other credit enhancement or liquidity facilities, paying costs of obtaining related swaps as authorized in the Bond Authorization Act ("Swaps"), providing a debt service reserve fund, paying Debt Service (as defined in paragraph (i) of this Section 12c), and paying all other costs related to any such bonds or notes.
(a) In addition to all other bonds or notes that it is authorized to issue, the Authority is authorized to issue its bonds or notes for the purposes of providing funds for the Authority to make the deposits described in Section 12c(b)(1) and (2), for refunding any bonds authorized to be issued under this Section, as well as for the purposes of paying costs of issuance, obtaining bond insurance or other credit enhancement or liquidity facilities, paying costs of obtaining related swaps as authorized in the Bond Authorization Act ("Swaps"), providing a debt service reserve fund, paying Debt Service (as defined in paragraph (i) of this Section 12c), and paying all other costs related to any such bonds or notes.
After payment of the costs of issuance and necessary deposits to funds and accounts established with respect to debt service, the net proceeds of such bonds or notes shall be deposited only in the Retirement Plan for Chicago Transit Authority Employees and used only for the purposes required by Section 22-101 of the Illinois Pension Code.
After payment of the costs of issuance and necessary deposits to funds and accounts established with respect to debt service, the net proceeds of such bonds or notes shall be deposited only in the Retirement Plan for Chicago Transit Authority Employees and used only for the purposes required by Section 22-101 of the Illinois 10400HB2963ham001 -18- LRB104 12004 RTM 23609 a Pension Code.
(2) After its receipt of a certified copy of a report of HB2963 - 18 - LRB104 12004 RTM 22099 b the Auditor General of the State of Illinois meeting the requirements of Section 3-2.3 of the Illinois State Auditing Act, the Authority may issue $639,680,000 aggregate original principal amount of bonds and notes.
(2) After its receipt of a certified copy of a report of the Auditor General of the State of Illinois meeting the requirements of Section 3-2.3 of the Illinois State Auditing Act, the Authority may issue $639,680,000 aggregate original principal amount of bonds and notes.
(4) The bonds or notes issued under 12c(b)(1) shall be issued as soon as practicable after the Auditor General issues the report provided in Section 3-2.3(b) of the Illinois State Auditing Act.
(4) The bonds or notes issued under 12c(b)(1) shall be 10400HB2963ham001 -19- LRB104 12004 RTM 23609 a issued as soon as practicable after the Auditor General issues the report provided in Section 3-2.3(b) of the Illinois State Auditing Act.
(5) With respect to bonds and notes issued under HB2963 - 19 - LRB104 12004 RTM 22099 b subparagraph (b), scheduled aggregate annual payments of interest or deposits into funds and accounts established for the purpose of such payment shall commence within one year after the bonds and notes are issued.
(5) With respect to bonds and notes issued under subparagraph (b), scheduled aggregate annual payments of interest or deposits into funds and accounts established for the purpose of such payment shall commence within one year after the bonds and notes are issued.
If the Authority enters into a Swap with a counterparty requiring the Authority to pay a fixed interest rate on a notional amount, and the Authority has made a determination that such Swap was entered into for the purpose of providing substitute interest payments for variable interest rate bonds or notes of a particular maturity or maturities in a principal amount equal to the notional amount of the Swap, then during HB2963 - 20 - LRB104 12004 RTM 22099 b the term of the Swap for purposes of any calculation of interest payable on such bonds or notes, the interest rate on the bonds or notes of such maturity or maturities shall be determined as if such bonds or notes bore interest at the fixed interest rate payable by the Authority under such Swap.
10400HB2963ham001 -20- LRB104 12004 RTM 23609 a If the Authority enters into a Swap with a counterparty requiring the Authority to pay a fixed interest rate on a notional amount, and the Authority has made a determination that such Swap was entered into for the purpose of providing substitute interest payments for variable interest rate bonds or notes of a particular maturity or maturities in a principal amount equal to the notional amount of the Swap, then during the term of the Swap for purposes of any calculation of interest payable on such bonds or notes, the interest rate on the bonds or notes of such maturity or maturities shall be determined as if such bonds or notes bore interest at the fixed interest rate payable by the Authority under such Swap.
(d) The Authority is authorized to cause the proceeds of the bonds or notes, and any interest or investment earnings on the bonds or notes, and of any Swaps, to be invested until the proceeds and any interest or investment earnings have been deposited with the Retirement Plan or the Retiree Health Care Trust.
(d) The Authority is authorized to cause the proceeds of the bonds or notes, and any interest or investment earnings on the bonds or notes, and of any Swaps, to be invested until the proceeds and any interest or investment earnings have been deposited with the Retirement Plan or the Retiree Health Care 10400HB2963ham001 -21- LRB104 12004 RTM 23609 a Trust.
The authorizing ordinance for the bonds and notes, whether or not HB2963 - 21 - LRB104 12004 RTM 22099 b general obligations of the Authority, may provide for the Debt Service (as defined in paragraph (i) of this Section 12c) to have a claim for payment from particular sources of funds, including, without limitation, amounts to be paid to the Authority or a bond trustee.
The authorizing ordinance for the bonds and notes, whether or not general obligations of the Authority, may provide for the Debt Service (as defined in paragraph (i) of this Section 12c) to have a claim for payment from particular sources of funds, including, without limitation, amounts to be paid to the Authority or a bond trustee.
In addition to any other security, upon the written approval of the Regional Transportation Authority by the affirmative vote of 12 of its then Directors, prior to February 1, 2026, and the affirmative vote of at least 14 of its then Directors, beginning February 1, 2026, the ordinance may provide a specific pledge or assignment of and lien on or security interest in amounts to be paid to the Authority by the Regional Transportation Authority and direct payment thereof to the bond trustee for payment of Debt Service with respect to the bonds or notes, subject to the provisions of existing lease agreements of the Authority with any public building commission.
In addition to any other security, upon the written approval of the Regional Transportation Authority by the affirmative vote of 12 of its then Directors, prior to February 1, 2026, and the affirmative vote of at least 14 of its then Directors, beginning February 1, 2026, the ordinance may provide a specific pledge or assignment of and lien on or security interest in amounts to be paid to the Authority by the Regional Transportation Authority and direct payment thereof to the bond trustee for payment of Debt Service with respect to the bonds or notes, subject to the provisions of existing lease 10400HB2963ham001 -22- LRB104 12004 RTM 23609 a agreements of the Authority with any public building commission.
The authorizing ordinance may also provide a specific pledge or assignment of and lien on or security interest in and direct payment to the trustee of all or a portion of the moneys otherwise payable to the Authority from the City of Chicago pursuant to an intergovernmental agreement with the Authority to provide financial assistance to the HB2963 - 22 - LRB104 12004 RTM 22099 b Authority.
The authorizing ordinance may also provide a specific pledge or assignment of and lien on or security interest in and direct payment to the trustee of all or a portion of the moneys otherwise payable to the Authority from the City of Chicago pursuant to an intergovernmental agreement with the Authority to provide financial assistance to the Authority.
The ordinance authorizing the issuance of any bonds or notes under this Section may provide for the creation of, deposits in, and regulation and disposition of sinking fund or reserve accounts relating to those bonds or notes and related agreements.
The ordinance authorizing the issuance of any bonds or notes under this Section may provide for the creation of, deposits in, and regulation and disposition of sinking 10400HB2963ham001 -23- LRB104 12004 RTM 23609 a fund or reserve accounts relating to those bonds or notes and related agreements.
The ordinance may also provide limitations on the issuance of additional bonds or HB2963 - 23 - LRB104 12004 RTM 22099 b notes of the Authority.
The ordinance may also provide limitations on the issuance of additional bonds or notes of the Authority.
The Authority may apply, as it shall determine, any amounts received upon the sale of the bonds or notes to pay any Debt Service on the bonds or notes.
The Authority may apply, as 10400HB2963ham001 -24- LRB104 12004 RTM 23609 a it shall determine, any amounts received upon the sale of the bonds or notes to pay any Debt Service on the bonds or notes.
(h) The State of Illinois pledges to and agrees with the owners of the bonds or notes issued pursuant to Section 12c HB2963 - 24 - LRB104 12004 RTM 22099 b that the State of Illinois will not limit the powers vested in the Authority by this Act to pledge and assign its revenues and funds as security for the payment of the bonds or notes, or vested in the Regional Transportation Authority by the Regional Transportation Authority Act or this Act, so as to materially impair the payment obligations of the Authority under the terms of any contract made by the Authority with those owners or to materially impair the rights and remedies of those owners until those bonds or notes, together with interest and any redemption premium, and all costs and expenses in connection with any action or proceedings by or on behalf of such owners are fully met and discharged.
(h) The State of Illinois pledges to and agrees with the owners of the bonds or notes issued pursuant to Section 12c that the State of Illinois will not limit the powers vested in the Authority by this Act to pledge and assign its revenues and funds as security for the payment of the bonds or notes, or vested in the Regional Transportation Authority by the Regional Transportation Authority Act or this Act, so as to materially impair the payment obligations of the Authority under the terms of any contract made by the Authority with those owners or to materially impair the rights and remedies of those owners until those bonds or notes, together with interest and any redemption premium, and all costs and expenses in connection with any action or proceedings by or on behalf of such owners are fully met and discharged.
(i) For purposes of this Section, "Debt Service" with respect to bonds or notes includes, without limitation, principal (at maturity or upon mandatory redemption), redemption premium, interest, periodic, upfront, and termination payments on Swaps, fees for bond insurance or other credit enhancement, liquidity facilities, the funding of bond or note reserves, bond trustee fees, and all other costs of providing for the security or payment of the bonds or notes.
(i) For purposes of this Section, "Debt Service" with respect to bonds or notes includes, without limitation, principal (at maturity or upon mandatory redemption), redemption premium, interest, periodic, upfront, and 10400HB2963ham001 -25- LRB104 12004 RTM 23609 a termination payments on Swaps, fees for bond insurance or other credit enhancement, liquidity facilities, the funding of bond or note reserves, bond trustee fees, and all other costs of providing for the security or payment of the bonds or notes.
(j) The Authority shall adopt a procurement program with respect to contracts relating to the following service providers in connection with the issuance of debt for the HB2963 - 25 - LRB104 12004 RTM 22099 b benefit of the Retirement Plan for Chicago Transit Authority Employees:
(j) The Authority shall adopt a procurement program with respect to contracts relating to the following service providers in connection with the issuance of debt for the benefit of the Retirement Plan for Chicago Transit Authority Employees:
The service providers selected by the Authority pursuant to such program shall not be subject to approval by the Regional Transportation Authority, and the Regional Transportation Authority's approval pursuant to subsection (e) of this Section 12c related to the issuance of debt shall not be based in any way on the service providers selected by the Authority pursuant to this Section.
The service providers selected by the Authority pursuant to such program shall not be subject to approval by the Regional Transportation Authority, and the Regional Transportation Authority's approval pursuant to subsection (e) of this Section 12c 10400HB2963ham001 -26- LRB104 12004 RTM 23609 a related to the issuance of debt shall not be based in any way on the service providers selected by the Authority pursuant to this Section.
(k) No person holding an elective office in this State, holding a seat in the General Assembly, serving as a director, trustee, officer, or employee of the Regional Transportation Authority or the Chicago Transit Authority, including the HB2963 - 26 - LRB104 12004 RTM 22099 b spouse or minor child of that person, may receive a legal, banking, consulting, or other fee related to the issuance of any bond issued by the Chicago Transit Authority pursuant to this Section.
(k) No person holding an elective office in this State, holding a seat in the General Assembly, serving as a director, trustee, officer, or employee of the Regional Transportation Authority or the Chicago Transit Authority, including the spouse or minor child of that person, may receive a legal, banking, consulting, or other fee related to the issuance of any bond issued by the Chicago Transit Authority pursuant to this Section.
The members appointed under this paragraph (1) shall reside within the City of Chicago and one of these members shall be a representative of organized labor.
The members appointed 10400HB2963ham001 -27- LRB104 12004 RTM 23609 a under this paragraph (1) shall reside within the City of Chicago and one of these members shall be a representative of organized labor.
The member representing organized labor shall be selected from a list of 3 persons recommended by the president of a countywide labor council body representing more than 30 labor organizations recognized under the HB2963 - 27 - LRB104 12004 RTM 22099 b National Labor Relations Act or the Railway Labor Act located within a county with a population of at least 3,000,000 inhabitants.
The member representing organized labor shall be selected from a list of 3 persons recommended by the president of a countywide labor council body representing more than 30 labor organizations recognized under the National Labor Relations Act or the Railway Labor Act located within a county with a population of at least 3,000,000 inhabitants.
(1) Members who are appointed to the Chicago Transit Board by the Mayor of Chicago under subsection (a) of Section 20 and who are serving on the Board on the effective date of this amendatory Act of the 104th General Assembly shall retain their offices until January 31, 2026 or until the expiration of a term of office or a vacancy in their respective office.
(1) Members who are appointed to the Chicago Transit Board by the Mayor of Chicago under subsection (a) of 10400HB2963ham001 -28- LRB104 12004 RTM 23609 a Section 20 and who are serving on the Board on the effective date of this amendatory Act of the 104th General Assembly shall retain their offices until January 31, 2026 or until the expiration of a term of office or a vacancy in their respective office.
HB2963 - 28 - LRB104 12004 RTM 22099 b (2) The Mayor of Chicago shall appoint 6 members to the Chicago Transit Board under paragraph (1) of subsection (b) of this Section, to begin their terms of office on February 1, 2026, and their appointments shall be made in time to begin their terms of office on February 1, 2026.
(2) The Mayor of Chicago shall appoint 6 members to the Chicago Transit Board under paragraph (1) of subsection (b) of this Section, to begin their terms of office on February 1, 2026, and their appointments shall be made in time to begin their terms of office on February 1, 2026.
(4) Members appointed to the Chicago Transit Board under paragraph (2) of subsection (b) of this Section will begin their terms of office on February 1, 2026, and their appointments shall be made in time to begin their terms of office on February 1, 2026.
10400HB2963ham001 -29- LRB104 12004 RTM 23609 a (4) Members appointed to the Chicago Transit Board under paragraph (2) of subsection (b) of this Section will begin their terms of office on February 1, 2026, and their appointments shall be made in time to begin their terms of office on February 1, 2026.
Of the members appointed to begin their terms on February 1, 2026, the President of the Cook County Board shall appoint one member with a HB2963 - 29 - LRB104 12004 RTM 22099 b 4-year term and one member with a 2-year term.
Of the members appointed to begin their terms on February 1, 2026, the President of the Cook County Board shall appoint one member with a 4-year term and one member with a 2-year term.
No employee of the Authority shall hold any other office or employment under the Federal, State or any County or any municipal government, or any other unit of local government, except an office with compensation not exceeding $15,000 annually or a position in the National Guard or the United States military reserves.
No employee of the Authority shall hold any other office or employment under the Federal, State or any County or any municipal government, or any other unit of local government, except an office with compensation not exceeding 10400HB2963ham001 -30- LRB104 12004 RTM 23609 a $15,000 annually or a position in the National Guard or the United States military reserves.
No member of the Board or employee of the Authority shall have any private financial interest, profit or benefit in any contract, work or business of the Authority nor in the sale or lease of any property to or from HB2963 - 30 - LRB104 12004 RTM 22099 b the Authority.
No member of the Board or employee of the Authority shall have any private financial interest, profit or benefit in any contract, work or business of the Authority nor in the sale or lease of any property to or from the Authority.
(a) Until February 1, 2026 Within sixty (60) days after the adoption of this Act by the electors of one or more cities, villages and incorporated towns within the metropolitan area having a population in the aggregate of at least 100,000 according to the Federal census of 1940, the Governor, by and with the advice and consent of the Senate, shall appoint three members of the Board for initial terms expiring September first of the years 1947, 1948 and 1949, respectively, at least one of which members shall be a resident of that portion of the metropolitan area which is outside the corporate limits of the City of Chicago, and the Mayor, with advice and consent of the HB2963 - 31 - LRB104 12004 RTM 22099 b City Council of the City of Chicago, shall appoint 4 four members of the Board for initial terms expiring September first of the years 1946, 1950, 1951 and 1952, respectively.
(a) Until February 1, 2026 Within sixty (60) days after the adoption of this Act by the electors of one or more cities, villages and incorporated towns within the metropolitan area having a population in the aggregate of at least 100,000 10400HB2963ham001 -31- LRB104 12004 RTM 23609 a according to the Federal census of 1940, the Governor, by and with the advice and consent of the Senate, shall appoint three members of the Board for initial terms expiring September first of the years 1947, 1948 and 1949, respectively, at least one of which members shall be a resident of that portion of the metropolitan area which is outside the corporate limits of the City of Chicago, and the Mayor, with advice and consent of the City Council of the City of Chicago, shall appoint 4 four members of the Board for initial terms expiring September first of the years 1946, 1950, 1951 and 1952, respectively.
If the Senate is not in session at the time this Act takes effect, the Governor shall make temporary appointments as in case of vacancies.
If the 10400HB2963ham001 -32- LRB104 12004 RTM 23609 a Senate is not in session at the time this Act takes effect, the Governor shall make temporary appointments as in case of vacancies.
Each appointment by the Governor shall be subject to approval by the Mayor, and each appointment by the Mayor shall be subject to approval by the Governor and, when so approved, the Governor and the Mayor shall certify their respective appointments and approvals to the Secretary of HB2963 - 32 - LRB104 12004 RTM 22099 b State.
Each appointment by the Governor shall be subject to approval by the Mayor, and each appointment by the Mayor shall be subject to approval by the Governor and, when so approved, the Governor and the Mayor shall certify their respective appointments and approvals to the Secretary of State.
Within thirty days after certification and approval of his appointment, and before entering upon the duties of his office, each member of the Board shall take and subscribe the constitutional oath of office and file it in the office of the Secretary of State.
Within 30 thirty days after certification and approval of his appointment, and before entering upon the duties of his office, each member of the Board shall take and subscribe the constitutional oath of office and file it in the office of the Secretary of State.
Any member may be removed from office (i) upon concurrence vote of 6 of the then-serving board members, on a formal finding of incompetence, neglect of duty, or malfeasance in office or (ii) by the Governor in response to a summary report received from the Executive Inspector General in accordance with Section 10-50 of the State Officials and Employees Ethics Act, provided the member has an opportunity to be publicly heard in person or by counsel before removal.
Any member may be removed from office (i) upon concurrence vote of 6 of the then-serving board members, on a formal finding of incompetence, neglect of duty, or malfeasance in office or (ii) by the Governor in response to a summary report received from the Executive Inspector General in accordance with Section 10-50 of the State Officials and Employees Ethics Act, provided the member has an opportunity 10400HB2963ham001 -33- LRB104 12004 RTM 23609 a to be publicly heard in person or by counsel before removal.
79-938.) HB2963 - 33 - LRB104 12004 RTM 22099 b (70 ILCS 3605/22) (from Ch.
79-938.) (70 ILCS 3605/22) (from Ch.
(Source:
10400HB2963ham001 -34- LRB104 12004 RTM 23609 a (Source:
Until February 1, 2026, 4 Four members of the Board shall constitute a quorum for the HB2963 - 34 - LRB104 12004 RTM 22099 b transaction of business and, beginning February 1, 2026, 5 members of the Board shall constitute a quorum.
Until February 1, 2026, 4 Four members of the Board shall constitute a quorum for the transaction of business and, beginning February 1, 2026, 5 members of the Board shall constitute a quorum.
Upon the return of any ordinance or resolution by the chairman with his objections, the vote by which the same was passed shall be reconsidered by the Board, and if upon such reconsideration said ordinance or resolution is passed by the affirmative vote of at least 5 five members, prior to February 1, 2026, and at least 6 members, beginning February 1, 2026, it shall go into effect notwithstanding the veto of the chairman.
Upon the return of any ordinance or resolution by the chairman with his objections, the vote by which the same was passed shall be reconsidered by the Board, and if upon such reconsideration said ordinance or resolution is passed by the 10400HB2963ham001 -35- LRB104 12004 RTM 23609 a affirmative vote of at least 5 five members, prior to February 1, 2026, and at least 6 members, beginning February 1, 2026, it shall go into effect notwithstanding the veto of the chairman.
All ordinances, resolutions and all proceedings of the Authority and all documents and records in its possession shall be public records, and open to public inspection, except such documents and records as shall be kept or prepared by the HB2963 - 35 - LRB104 12004 RTM 22099 b Board for use in negotiations, action or proceedings to which the Authority is a party.
All ordinances, resolutions and all proceedings of the Authority and all documents and records in its possession shall be public records, and open to public inspection, except such documents and records as shall be kept or prepared by the Board for use in negotiations, action or proceedings to which the Authority is a party.
(a) The Board may deal with and enter into written contracts with the employees of the Authority through accredited representatives of such employees or representatives of any labor organization authorized to act for such employees, concerning wages, salaries, hours, working conditions and pension or retirement provisions;
(a) The Board may deal with and enter into written contracts with the employees of the Authority through accredited representatives of such employees or representatives of any labor organization authorized to act 10400HB2963ham001 -36- LRB104 12004 RTM 23609 a for such employees, concerning wages, salaries, hours, working conditions and pension or retirement provisions;
In case of dispute over wages, salaries, hours, working conditions, or pension or retirement provisions the Board may arbitrate any question or questions HB2963 - 36 - LRB104 12004 RTM 22099 b and may agree with such accredited representatives or labor organization that the decision of a majority of any arbitration board shall be final, provided each party shall agree in advance to pay half of the expense of such arbitration.
In case of dispute over wages, salaries, hours, working conditions, or pension or retirement provisions the Board may arbitrate any question or questions and may agree with such accredited representatives or labor organization that the decision of a majority of any arbitration board shall be final, provided each party shall agree in advance to pay half of the expense of such arbitration.
(b)(1) The provisions of this paragraph (b) apply to collective bargaining agreements (including extensions and amendments of existing agreements) entered into on or after January 1, 1984.
(b)(1) The provisions of this paragraph (b) apply to collective bargaining agreements (including extensions and amendments of existing agreements) entered into on or after 10400HB2963ham001 -37- LRB104 12004 RTM 23609 a January 1, 1984.
(2) The Board shall deal with and enter into written contracts with their employees, through accredited representatives of such employees authorized to act for such employees concerning wages, salaries, hours, working conditions, and pension or retirement provisions about which a collective bargaining agreement has been entered prior to the HB2963 - 37 - LRB104 12004 RTM 22099 b effective date of this amendatory Act of 1983.
(2) The Board shall deal with and enter into written contracts with their employees, through accredited representatives of such employees authorized to act for such employees concerning wages, salaries, hours, working conditions, and pension or retirement provisions about which a collective bargaining agreement has been entered prior to the effective date of this amendatory Act of 1983.
To preserve the rights of employers and exclusive representatives which have established collective bargaining relationships or negotiated collective bargaining agreements prior to the effective date of this amendatory Act of 1983, employers shall be required to bargain collectively with regard to any matter concerning wages, hours or conditions of employment about which they have bargained prior to the effective date of this amendatory Act of 1983.
To preserve the rights of employers and exclusive representatives which have established collective bargaining relationships or 10400HB2963ham001 -38- LRB104 12004 RTM 23609 a negotiated collective bargaining agreements prior to the effective date of this amendatory Act of 1983, employers shall be required to bargain collectively with regard to any matter concerning wages, hours or conditions of employment about which they have bargained prior to the effective date of this amendatory Act of 1983.
(3) The collective bargaining agreement may not include a HB2963 - 38 - LRB104 12004 RTM 22099 b prohibition on the use of part-time operators on any service operated by or funded by the Board, except where prohibited by federal law.
(3) The collective bargaining agreement may not include a prohibition on the use of part-time operators on any service operated by or funded by the Board, except where prohibited by federal law.
(4) Within 30 days of the signing of any such collective bargaining agreement, the Board shall determine the costs of each provision of the agreement, prepare an amended budget incorporating the costs of the agreement, and present the amended budget to the Board of the Regional Transportation Authority for its approval under Section 4.11 of the Regional Transportation Act.
(4) Within 30 days of the signing of any such collective bargaining agreement, the Board shall determine the costs of each provision of the agreement, prepare an amended budget incorporating the costs of the agreement, and present the amended budget to the Board of the Regional Transportation Authority for its approval under Section 4.11 of the Regional Transportation Authority Act.
Any amended budget which may be prepared following renegotiation shall be presented to the Board of the Regional Transportation Authority for its approval in like manner.
Any amended budget which may be prepared following renegotiation shall be presented to the Board of the Regional Transportation Authority for its approval in like 10400HB2963ham001 -39- LRB104 12004 RTM 23609 a manner.
It shall by ordinance HB2963 - 39 - LRB104 12004 RTM 22099 b appropriate money to perform the Authority's purposes and provide for payment of debts and expenses of the Authority.
It shall by ordinance appropriate money to perform the Authority's purposes and provide for payment of debts and expenses of the Authority.
The proposed budget, financial plan, and five-year capital program shall contain a statement of the funds estimated to be on hand at the beginning of the fiscal year, the funds estimated to be received from all sources for such year and the funds estimated to be on hand at the end of such year.
The proposed budget, financial plan, and five-year capital program shall contain a statement of the funds estimated to be on hand at the beginning of the fiscal year, 10400HB2963ham001 -40- LRB104 12004 RTM 23609 a the funds estimated to be received from all sources for such year and the funds estimated to be on hand at the end of such year.
Before the proposed budget, financial plan, and five-year capital program are submitted to the HB2963 - 40 - LRB104 12004 RTM 22099 b Regional Transportation Authority, the Authority shall hold at least one public hearing thereon in each of the counties in which the Authority provides service.
Before the proposed budget, financial plan, and five-year capital program are submitted to the Regional Transportation Authority, the Authority shall hold at least one public hearing thereon in each of the counties in which the Authority provides service.
The budget, financial plan, and five-year capital program shall then be submitted to the Regional Transportation Authority as provided in Section 4.11 of the Regional Transportation Authority Act.
The budget, financial plan, 10400HB2963ham001 -41- LRB104 12004 RTM 23609 a and five-year capital program shall then be submitted to the Regional Transportation Authority as provided in Section 4.11 of the Regional Transportation Authority Act.
In the event that the Board of the Regional Transportation Authority determines that the budget, financial plan, and five-year capital program do not meet the standards of said Section 4.11, the Board of the Authority shall make such changes as are necessary to meet such requirements and adopt an amended HB2963 - 41 - LRB104 12004 RTM 22099 b budget ordinance.
In the event that the Board of the Regional Transportation Authority determines that the budget, financial plan, and five-year capital program do not meet the standards of said Section 4.11, the Board of the Authority shall make such changes as are necessary to meet such requirements and adopt an amended budget ordinance.
(i) show a balance between (A) anticipated revenues from all sources including operating subsidies and (B) the costs of providing the services specified and of funding any operating deficits or encumbrances incurred in prior periods, including provision for payment when due of principal and interest on outstanding indebtedness;
(i) show a balance between (A) anticipated revenues from all sources including operating subsidies and (B) the costs of providing the services specified and of funding any operating deficits or encumbrances incurred in prior periods, including provision for payment when due of 10400HB2963ham001 -42- LRB104 12004 RTM 23609 a principal and interest on outstanding indebtedness;
(iii) provide for a level of fares or charges and operating or administrative costs for the public transportation provided by or subject to the jurisdiction of the Board sufficient to allow the Board to meet its HB2963 - 42 - LRB104 12004 RTM 22099 b required system generated revenue recovery ratio as determined in accordance with subsection (a) of Section 4.11 of the Regional Transportation Authority Act;
(iii) provide for a level of fares or charges and operating or administrative costs for the public transportation provided by or subject to the jurisdiction of the Board sufficient to allow the Board to meet its required system generated revenue recovery ratio as determined in accordance with subsection (a) of Section 4.11 of the Regional Transportation Authority Act;
At least thirty days prior to the beginning of the first full fiscal year after the creation of the Authority, and annually thereafter, the Board shall cause to be prepared a tentative budget which shall include all operation and maintenance expense for the ensuing fiscal year.
At least 30 thirty days prior to the beginning of the first full fiscal year after the creation of the Authority, and annually thereafter, the Board shall cause to be prepared a tentative 10400HB2963ham001 -43- LRB104 12004 RTM 23609 a budget which shall include all operation and maintenance expense for the ensuing fiscal year.
No expenditures for operations and maintenance in excess of the budget shall be made during any fiscal year except by the affirmative vote of at least 5 five members of the Board, HB2963 - 43 - LRB104 12004 RTM 22099 b prior to February 1, 2026, and by the affirmative vote of at least 6 members, beginning February 1, 2026.
No expenditures for operations and maintenance in excess of the budget shall be made during any fiscal year except by the affirmative vote of at least 5 five members of the Board, prior to February 1, 2026, and by the affirmative vote of at least 6 members, beginning February 1, 2026.
1-18-08.) (70 ILCS 3605/21 rep.) Section 40.
1-18-08.) (70 ILCS 3605/21 rep.) Section 101.
Section 45.
Section 105.
The Regional Transportation Authority Act is amended by changing Sections 2.01, 2.01a, 2.01b, 2.01c, 2.04, 2.05, 2.08, 2.12b, 2.14, 2.18a, 2.30, 3.01, 3.03, 3.05, 3A.02, 3A.09, 3A.10, 3A.14, 3B.02, 3B.09, 3B.10, 3B.13, 4.01, 4.03, 4.03.3, 4.04, 4.09, 4.11, 4.13, and 4.14 and by adding Sections 2.08a, 2.43, and 2.44 as follows:
The Regional Transportation Authority Act is amended by changing Sections 2.01, 2.01a, 2.01b, 2.01c, 2.04, 10400HB2963ham001 -44- LRB104 12004 RTM 23609 a 2.05, 2.08, 2.12b, 2.14, 2.18a, 2.30, 2.45, 3.01, 3.03, 3.05, 3A.02, 3A.09, 3A.10, 3A.14, 3B.02, 3B.09, 3B.10, 3B.13, 4.01, 4.03, 4.03.3, 4.04, 4.09, 4.11, 4.13, and 4.14 and by adding Sections 2.08a, 2.43, and 2.44 as follows:
HB2963 - 44 - LRB104 12004 RTM 22099 b (a) In order to accomplish the purposes as set forth in this Act, the responsibility for planning, operating, and funding public transportation in the metropolitan region shall be allocated as described in this Act.
(a) In order to accomplish the purposes as set forth in this Act, the responsibility for planning, operating, and funding public transportation in the metropolitan region shall be allocated as described in this Act.
(v) provide financial oversight of the Service Boards;
10400HB2963ham001 -45- LRB104 12004 RTM 23609 a (v) provide financial oversight of the Service Boards;
The Service Boards shall, on a continuing basis determine HB2963 - 45 - LRB104 12004 RTM 22099 b the level, nature and kind of public transportation which should be provided for the metropolitan region in order to meet the plans, goals, objectives, and standards adopted by the Authority.
The Service Boards shall, on a continuing basis determine the level, nature and kind of public transportation which should be provided for the metropolitan region in order to meet the plans, goals, objectives, and standards adopted by the Authority.
(b) The Authority shall subject the operating and capital plans and expenditures of the Service Boards in the metropolitan region with regard to public transportation to continuing review so that the Authority may budget and expend its funds with maximum effectiveness and efficiency.
(b) The Authority shall subject the operating and capital plans and expenditures of the Service Boards in the 10400HB2963ham001 -46- LRB104 12004 RTM 23609 a metropolitan region with regard to public transportation to continuing review so that the Authority may budget and expend its funds with maximum effectiveness and efficiency.
The Authority may conduct management, performance, financial, and infrastructure condition audits of HB2963 - 46 - LRB104 12004 RTM 22099 b transportation agencies that receive funds from the Authority.
The Authority may conduct management, performance, financial, and infrastructure condition audits of transportation agencies that receive funds from the Authority.
(a) By the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 Directors, beginning February 1, 2026, the Authority shall adopt a Strategic Plan, no less than every 5 years, after consultation with the Service Boards and after holding a minimum of 3 public hearings in Cook County and one public hearing in each of the other counties in the region.
(a) By the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 Directors, beginning February 1, 2026, the Authority shall adopt a Strategic Plan, no less than every 5 years, after consultation with the Service Boards and after 10400HB2963ham001 -47- LRB104 12004 RTM 23609 a holding a minimum of 3 public hearings in Cook County and one public hearing in each of the other counties in the region.
The Strategic Plan shall describe the specific actions to be taken by the Authority and the Service Boards to provide adequate, efficient, and coordinated public HB2963 - 47 - LRB104 12004 RTM 22099 b transportation.
The Strategic Plan shall describe the specific actions to be taken by the Authority and the Service Boards to provide adequate, efficient, and coordinated public transportation.
(iv) improvements in public transportation facilities to bring those facilities into a state of good repair, enhancements that attract ridership and improve customer service, and expansions needed to serve areas with sufficient demand for public transportation;
(iv) improvements in public transportation facilities 10400HB2963ham001 -48- LRB104 12004 RTM 23609 a to bring those facilities into a state of good repair, enhancements that attract ridership and improve customer service, and expansions needed to serve areas with sufficient demand for public transportation;
(v) access for transit-dependent populations, including access by low-income communities to places of employment, utilizing analyses provided by the Chicago Metropolitan Agency for Planning regarding employment and HB2963 - 48 - LRB104 12004 RTM 22099 b transportation availability, and giving consideration to the location of employment centers in each county and the availability of public transportation at off-peak hours and on weekends;
(v) access for transit-dependent populations, including access by low-income communities to places of employment, utilizing analyses provided by the Chicago Metropolitan Agency for Planning regarding employment and transportation availability, and giving consideration to the location of employment centers in each county and the availability of public transportation at off-peak hours and on weekends;
(c) The Strategic Plan shall establish the process and criteria by which proposals for capital improvements by a Service Board or a transportation agency will be evaluated by the Authority for inclusion in the Five-Year Capital Program, which may include criteria for:
(c) The Strategic Plan shall establish the process and criteria by which proposals for capital improvements by a Service Board or a transportation agency will be evaluated by the Authority for inclusion in the Five-Year Capital Program, 10400HB2963ham001 -49- LRB104 12004 RTM 23609 a which may include criteria for:
(iv) design and location of station or transit HB2963 - 49 - LRB104 12004 RTM 22099 b improvements intended to promote transfers, increase ridership, and support transit-oriented land development;
(iv) design and location of station or transit improvements intended to promote transfers, increase ridership, and support transit-oriented land development;
and (v) customer satisfaction.
and 10400HB2963ham001 -50- LRB104 12004 RTM 23609 a (v) customer satisfaction.
The Service Boards shall publish such reports on their respective HB2963 - 50 - LRB104 12004 RTM 22099 b websites.
The Service Boards shall publish such reports on their respective websites.
(f) The Strategic Plan shall describe the expected financial condition of public transportation in the metropolitan region prospectively over a 10-year period, which may include information about the cash position and all known obligations of the Authority and the Service Boards including operating expenditures, debt service, contributions for payment of pension and other post-employment benefits, the expected revenues from fares, tax receipts, grants from the federal, State, and local governments for operating and capital purposes and issuance of debt, the availability of working capital, and the resources needed to achieve the goals and objectives described in the Strategic Plan.
(f) The Strategic Plan shall describe the expected financial condition of public transportation in the metropolitan region prospectively over a 10-year period, which may include information about the cash position and all known obligations of the Authority and the Service Boards including operating expenditures, debt service, contributions for payment of pension and other post-employment benefits, the expected revenues from fares, tax receipts, grants from the federal, State, and local governments for operating and 10400HB2963ham001 -51- LRB104 12004 RTM 23609 a capital purposes and issuance of debt, the availability of working capital, and the resources needed to achieve the goals and objectives described in the Strategic Plan.
(g) In developing the Strategic Plan, the Authority shall rely on such demographic and other data, forecasts, and assumptions developed by the Chicago Metropolitan Agency for Planning with respect to the patterns of population density and growth, projected commercial and residential development, HB2963 - 51 - LRB104 12004 RTM 22099 b and environmental factors, within the metropolitan region and in areas outside the metropolitan region that may impact public transportation utilization in the metropolitan region.
(g) In developing the Strategic Plan, the Authority shall rely on such demographic and other data, forecasts, and assumptions developed by the Chicago Metropolitan Agency for Planning with respect to the patterns of population density and growth, projected commercial and residential development, and environmental factors, within the metropolitan region and in areas outside the metropolitan region that may impact public transportation utilization in the metropolitan region.
Such plans may also address areas outside the metropolitan region that may impact public transportation utilization in the metropolitan region.
Such plans may also address areas outside the 10400HB2963ham001 -52- LRB104 12004 RTM 23609 a metropolitan region that may impact public transportation utilization in the metropolitan region.
The Authority shall consult with any affected Service Boards in the preparation of any sub-regional or HB2963 - 52 - LRB104 12004 RTM 22099 b corridor plans.
The Authority shall consult with any affected Service Boards in the preparation of any sub-regional or corridor plans.
Nothing in this subparagraph (i) shall prohibit a Service Board from undertaking alternatives analysis and preliminary environmental assessment for any public transportation service or facility identified in items (i) and (ii) above that is included in the Five-Year Capital Program as of the effective date of this amendatory Act of the 95th General Assembly;
Nothing in this subparagraph (i) shall prohibit a Service Board from undertaking alternatives analysis and preliminary environmental assessment for any public transportation service or facility identified in items (i) and (ii) above that is included in the Five-Year Capital Program as of the effective 10400HB2963ham001 -53- LRB104 12004 RTM 23609 a date of this amendatory Act of the 95th General Assembly;
1-1-15.) (70 ILCS 3615/2.01b) HB2963 - 53 - LRB104 12004 RTM 22099 b Sec.
1-1-15.) (70 ILCS 3615/2.01b) Sec.
In reviewing proposals for improvements to be included in a Five-Year Capital Program, the Authority may give priority to improvements that are intended to bring public transportation facilities into a state of good repair.
In reviewing proposals for improvements to be included in a Five-Year Capital Program, the Authority may give priority to improvements that are intended to bring 10400HB2963ham001 -54- LRB104 12004 RTM 23609 a public transportation facilities into a state of good repair.
The Five-Year Capital Program shall also identify capital improvements to be undertaken by a Service Board, a transportation agency, or a unit of local government and funded by the Authority from amounts in the Innovation, Coordination, and Enhancement Fund, provided that no improvement that is included in the Five-Year Capital Program as of the effective date of this amendatory Act of the 95th HB2963 - 54 - LRB104 12004 RTM 22099 b General Assembly may receive funding from the Innovation, Coordination, and Enhancement Fund.
The Five-Year Capital Program shall also identify capital improvements to be undertaken by a Service Board, a transportation agency, or a unit of local government and funded by the Authority from amounts in the Innovation, Coordination, and Enhancement Fund, provided that no improvement that is included in the Five-Year Capital Program as of the effective date of this amendatory Act of the 95th General Assembly may receive funding from the Innovation, Coordination, and Enhancement Fund.
(a) The Authority shall establish an Innovation, Coordination, and Enhancement Fund and deposit into the Fund an amount equal to $10,000,000 in 2008, and, each year thereafter, an amount equal to the amount deposited in the previous year increased or decreased by the percentage growth or decline in revenues received by the Authority from taxes imposed under Section 4.03 in the previous year.
(a) The Authority shall establish an Innovation, Coordination, and Enhancement Fund and deposit into the Fund an amount equal to $10,000,000 in 2008, and, each year thereafter, an amount equal to the amount deposited in the previous year increased or decreased by the percentage growth or decline in revenues received by the Authority from taxes 10400HB2963ham001 -55- LRB104 12004 RTM 23609 a imposed under Section 4.03 in the previous year.
Amounts on deposit in such Fund and interest and other earnings on those amounts may be used by the Authority, upon the affirmative vote of 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then Directors beginning February 1, 2026, and after a public participation process, for operating or capital grants or loans to Service Boards, transportation agencies, or units of HB2963 - 55 - LRB104 12004 RTM 22099 b local government that advance the goals and objectives identified by the Authority in its Strategic Plan, provided that no improvement that has been included in a Five-Year Capital Program as of the effective date of this amendatory Act of the 95th General Assembly may receive any funding from the Innovation, Coordination, and Enhancement Fund.
Amounts on deposit in such Fund and interest and other earnings on those amounts may be used by the Authority, upon the affirmative vote of 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then Directors beginning February 1, 2026, and after a public participation process, for operating or capital grants or loans to Service Boards, transportation agencies, or units of local government that advance the goals and objectives identified by the Authority in its Strategic Plan, provided that no improvement that has been included in a Five-Year Capital Program as of the effective date of this amendatory Act of the 95th General Assembly may receive any funding from the Innovation, Coordination, and Enhancement Fund.
(b) Any grantee that receives funds from the Innovation, Coordination, and Enhancement Fund for the operation of eligible programs must (i) implement such programs within one year of receipt of such funds and (ii) within 2 years following commencement of any program utilizing such funds, determine whether it is desirable to continue the program, and upon such a determination, either incorporate such program into its annual operating budget and capital program or discontinue such program.
(b) Any grantee that receives funds from the Innovation, Coordination, and Enhancement Fund for the operation of eligible programs must (i) implement such programs within one 10400HB2963ham001 -56- LRB104 12004 RTM 23609 a year of receipt of such funds and (ii) within 2 years following commencement of any program utilizing such funds, determine whether it is desirable to continue the program, and upon such a determination, either incorporate such program into its annual operating budget and capital program or discontinue such program.
No additional funds from the Innovation, Coordination, and Enhancement Fund may be distributed to a grantee for any individual program beyond 2 years unless the HB2963 - 56 - LRB104 12004 RTM 22099 b Authority, by the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then Directors, beginning February 1, 2026, waives this limitation.
No additional funds from the Innovation, Coordination, and Enhancement Fund may be distributed to a grantee for any individual program beyond 2 years unless the Authority, by the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then Directors, beginning February 1, 2026, waives this limitation.
Any such waiver will be with regard to an individual program and with regard to a one year-period, and any further waivers for such individual program require a subsequent vote of the Board.
Any such waiver will be with regard to an individual program and with regard to a one-year period one year-period, and any further waivers for such individual program require a subsequent vote of the Board.
Provided, however that if the Board adopts a budget and financial plan for a Service Board in accordance with the provisions in Section 4.11(b)(5), the Board may consistent with the terms of any purchase of service contract provide for the level and nature of fares to be made for such services under the jurisdiction of that Service Board, and the nature and standards of public transportation to be so provided.
Provided, however that if the Board adopts a 10400HB2963ham001 -57- LRB104 12004 RTM 23609 a budget and financial plan for a Service Board in accordance with the provisions in Section 4.11(b)(5), the Board may consistent with the terms of any purchase of service contract provide for the level and nature of fares to be made for such services under the jurisdiction of that Service Board, and the nature and standards of public transportation to be so provided.
(b) Whenever a Service Board provides any public HB2963 - 57 - LRB104 12004 RTM 22099 b transportation pursuant to grants made after June 30, 1975, to transportation agencies for operating expenses (other than with regard to experimental programs) or pursuant to any purchase of service agreement, the purchase of service agreement or grant contract shall provide for the level and nature of fares or charges to be made for such services, and the nature and standards of public transportation to be so provided.
(b) Whenever a Service Board provides any public transportation pursuant to grants made after June 30, 1975, to transportation agencies for operating expenses (other than with regard to experimental programs) or pursuant to any purchase of service agreement, the purchase of service agreement or grant contract shall provide for the level and nature of fares or charges to be made for such services, and the nature and standards of public transportation to be so provided.
(c) In so providing for the fares or charges and the nature and standards of public transportation, any purchase of service agreements or grant contracts shall provide, among other matters, for the terms or cost of transfers or interconnections between different modes of transportation and different public transportation agencies, schedules or routes of such service, changes which may be made in such service, the nature and condition of the facilities used in providing service, the manner of collection and disposition of fares or charges, the records and reports to be kept and made concerning such service, for interchangeable tickets or other coordinated or uniform methods of collection of charges, and shall further require that the transportation agency comply HB2963 - 58 - LRB104 12004 RTM 22099 b with any determination made by the Board of the Authority under and subject to the provisions of Section 2.12b of this Act.
(c) In so providing for the fares or charges and the nature and standards of public transportation, any purchase of service agreements or grant contracts shall provide, among other matters, for the terms or cost of transfers or interconnections between different modes of transportation and 10400HB2963ham001 -58- LRB104 12004 RTM 23609 a different public transportation agencies, schedules or routes of such service, changes which may be made in such service, the nature and condition of the facilities used in providing service, the manner of collection and disposition of fares or charges, the records and reports to be kept and made concerning such service, for interchangeable tickets or other coordinated or uniform methods of collection of charges, and shall further require that the transportation agency comply with any determination made by the Board of the Authority under and subject to the provisions of Section 2.12b of this Act.
The policy shall also set forth the fare sharing agreements between the Service Boards that apply to interagency fare passes and tickets.
The policy shall also set forth the fare sharing agreements between the Service Boards that apply to interagency fare 10400HB2963ham001 -59- LRB104 12004 RTM 23609 a passes and tickets.
The terms of the agreement may be changed upon petition by any of the HB2963 - 59 - LRB104 12004 RTM 22099 b Service Boards and by agreement of the other Service Boards.
The terms of the agreement may be changed upon petition by any of the Service Boards and by agreement of the other Service Boards.
In that capacity, the Authority shall develop and implement a regionally coordinated and consolidated fare collection system to go into effect by July 1, 2027.
In that capacity, the 10400HB2963ham001 -60- LRB104 12004 RTM 23609 a Authority shall develop and implement a regionally coordinated and consolidated fare collection system to go into effect by July 1, 2027.
The Service Boards shall retain their own authority to set HB2963 - 60 - LRB104 12004 RTM 22099 b fare rates under Sections 3A.10 and 3B.10 of this Act and Section 30 of the Metropolitan Transit Authority Act.
The Service Boards shall retain their own authority to set fare rates under Sections 3A.10 and 3B.10 of this Act and Section 30 of the Metropolitan Transit Authority Act.
The Authority shall perform the first assessment beginning March 1, 2026.
The Service Boards shall adopt or disapprove of any proposed fare rate changes within 30 days after the Authority submitted the proposal by a simple majority vote of each Service Board.
The Service Boards shall adopt or disapprove of any proposed fare rate changes within 30 days after the Authority submitted the proposal by a simple 10400HB2963ham001 -61- LRB104 12004 RTM 23609 a majority vote of each Service Board.
HB2963 - 61 - LRB104 12004 RTM 22099 b (h) The Authority shall provide regular reports to the Governor and General Assembly on progress made in implementing the changes made by this amendatory Act of the 104th General Assembly under subsections (f) and (g) of this Section as outlined under Section 2.44.
(h) The Authority shall provide regular reports to the Governor and General Assembly on progress made in implementing the changes made by this amendatory Act of the 104th General Assembly under subsections (f) and (g) of this Section as outlined under Section 2.44.
(b) The Authority may at the request of two or more Service Boards perform other centralized services such as ridership information and transfers between services under the jurisdiction of the Service Boards where such centralized services financially benefit the region as a whole.
(b) The Authority may at the request of two or more Service Boards perform other centralized services such as ridership 10400HB2963ham001 -62- LRB104 12004 RTM 23609 a information and transfers between services under the jurisdiction of the Service Boards where such centralized services financially benefit the region as a whole.
(c) A Service Board or the Authority may for the benefit of a Service Board, to meet its purposes, construct or acquire any public transportation facility for use by a Service Board HB2963 - 62 - LRB104 12004 RTM 22099 b or for use by any transportation agency and may acquire any such facilities from any transportation agency, including also without limitation any reserve funds, employees' pension or retirement funds, special funds, franchises, licenses, patents, permits and papers, documents and records of the agency.
(c) A Service Board or the Authority may for the benefit of a Service Board, to meet its purposes, construct or acquire any public transportation facility for use by a Service Board or for use by any transportation agency and may acquire any such facilities from any transportation agency, including also without limitation any reserve funds, employees' pension or retirement funds, special funds, franchises, licenses, patents, permits and papers, documents and records of the agency.
(d) The Authority shall, after consulting with the Service Boards, develop regionally coordinated and consolidated sales, marketing, advertising, and public information programs that promote the use and coordination of, and transfers among, public transportation services in the metropolitan region.
(d) The Authority shall, after consulting with the Service Boards, develop regionally coordinated and consolidated sales, marketing, advertising, and public information programs that 10400HB2963ham001 -63- LRB104 12004 RTM 23609 a promote the use and coordination of, and transfers among, public transportation services in the metropolitan region.
1-18-08.) HB2963 - 63 - LRB104 12004 RTM 22099 b (70 ILCS 3615/2.08) (from Ch.
1-18-08.) (70 ILCS 3615/2.08) (from Ch.
Such police shall have the same powers with regard to such protection of persons and property as those exercised by police of municipalities and may include members of other police forces in the metropolitan region.
Such police shall have the 10400HB2963ham001 -64- LRB104 12004 RTM 23609 a same powers with regard to such protection of persons and property as those exercised by police of municipalities and may include members of other police forces in the metropolitan region.
The Authority may HB2963 - 64 - LRB104 12004 RTM 22099 b participate in any training program conducted under that Act.
The Authority may participate in any training program conducted under that Act.
Neither the Authority, the Suburban Bus Division, the Commuter Rail Division, nor any of their Directors, officers or employees shall be held liable for failure to provide a security or police force or, if a security or police force is provided, for failure to provide adequate police protection or security, failure to prevent the commission of crimes by fellow passengers or other third persons or for the failure to apprehend criminals.
Neither the Authority, the Suburban Bus Division, the Commuter Rail Division, nor any of their Directors, officers or employees shall be held liable for failure to provide a security or police force or, if a security 10400HB2963ham001 -65- LRB104 12004 RTM 23609 a or police force is provided, for failure to provide adequate police protection or security, failure to prevent the commission of crimes by fellow passengers or other third persons or for the failure to apprehend criminals.
These reports shall include the organizational structure of the police force, number of officers, detectives, and other HB2963 - 65 - LRB104 12004 RTM 22099 b staff employed, future employment plans, coordination and partnerships with existing police forces, training accomplishments, technology advancements, and a summary of data on number of incidents of crime and code of conduct violations on the system and other performance measures used to evaluate the effectiveness of the police force.
These reports shall include the organizational structure of the police force, number of officers, detectives, and other staff employed, future employment plans, coordination and partnerships with existing police forces, training accomplishments, technology advancements, and a summary of data on number of incidents of crime and code of conduct violations on the system and other performance measures used to evaluate the effectiveness of the police force.
(a) By July 1, 2026, the Authority, in coordination with the Service Boards, must implement a Transit Ambassador Program that provides for personnel deployment, rider education and assistance, fare payment inspection, and improvement to the transit experience.
(a) By July 1, 2026, 2 separate Transit Ambassador Programs shall be implemented to cover services provided by the Chicago Transit Authority and the Suburban Bus Division.
(b) As part of program implementation, the Authority, in coordination with the Service Boards, must:
The Chicago Transit Authority and the Suburban Bus Division shall each implement a Transit Ambassador Program, comprised of employees of each respective Service Board.
(1) establish policies and procedures that govern authorizing and training ambassadors;
10400HB2963ham001 -66- LRB104 12004 RTM 23609 a (b) The purpose of the Transit Ambassador Programs shall be to ensure the safety of transit system passengers and personnel, provide assistance to passengers, and promote compliance with system rules and governing laws.
(2) consult with interested stakeholders on the design of the program;
(c) The Service Boards that have Transit Ambassador Programs shall bargain with the unions with which it has collective bargaining relationships to determine the initial unit placement, hours, duties, qualifications, training, compensation, and benefits of any positions created or modified through or because of the Transit Ambassador Program.
and (3) develop a ambassador personnel strategic deployment plan that (i) requires teams of at least 2 individuals and (ii) targets deployment to times and locations with identified concentrations of activity that are subject to arrest or that negatively impact the rider HB2963 - 66 - LRB104 12004 RTM 22099 b experience.
Such duties may include:
(c) The Transit Ambassador Program will deploy trained personnel on buses, bus stops, trains, and stations for all Service Boards.
(1) monitoring passenger activity and compliance with laws and rules;
(d) The ambassador units shall be composed of mobile and fixed post personnel that are trained to play a rider-facing and welcoming role, promote safety for all riders and operators, and help connect vulnerable riders to resources or assistance.
(2) inspecting passenger fares;
(e) The duties of ambassadors include:
(3) providing navigational and other passenger assistance;
(1) monitoring and responding to passenger activity, including educating passengers and specifying expectations related to rider conduct;
and (4) liaising with law enforcement and social services to address unsafe conditions, violations of rules, regulations, and laws by passengers and to connect persons with relevant social, medical, and other services.
(2) serving as a liaison to social service agencies;
(d) Employees hired to perform Transit Ambassador duties shall be full-time employees of the Service Board establishing the program.
(3) providing information and assistance to passengers in navigating the transit system;
(e) Those employed by the Chicago Transit Authority as Customer Service Assistants shall be offered the positions established pursuant to the Chicago Transit Authority Transit 10400HB2963ham001 -67- LRB104 12004 RTM 23609 a Ambassador Program prior to hiring any other personnel for the positions.
(4) performing fare payment inspections;
and (5) obtaining assistance from peace officers as necessary.
(f) An individual who is authorized as an ambassador shall be a member of a Service Board and shall be eligible for membership in a registered labor organization.
(g) The Authority shall evaluate the efficacy of the Transit Ambassador Program on a regular basis, at a minimum every 5 years in conjunction with the adoption of its Strategic Plan, and shall make appropriate adjustments to the HB2963 - 67 - LRB104 12004 RTM 22099 b Programs.
(h) The Authority shall provide regular reports to the Governor and General Assembly on progress made in implementing the changes made by this amendatory Act of the 104th General Assembly under this Section as outlined under Section 2.44.
Upon the request of a Service Board, the Executive Director of the Authority may, upon the affirmative vote of 9 of the then Directors of the Authority, prior to February 1, 2026, and by the affirmative vote of at least 11 of the then Directors, beginning February 1, 2026, intervene in any matter involving (i) a dispute between Service Boards or a Service Board and a transportation agency providing service on behalf of a Service Board with respect to the terms of transfer between, and the allocation of revenues from fares and charges for, transportation services provided by the parties or (ii) a dispute between 2 Service Boards with respect to coordination of service, route duplication, or a change in service.
Upon the request of a Service Board, the Executive Director of the Authority may, upon the affirmative vote of 9 of the then Directors of the Authority, prior to February 1, 2026, and by the affirmative vote of at least 11 of its then Directors, beginning February 1, 2026, intervene in any matter involving (i) a dispute between Service Boards or a Service Board and a transportation agency providing service on behalf of a Service Board with respect to the terms of transfer between, and the allocation of revenues from fares and charges for, transportation services provided by the parties or (ii) a dispute between 2 Service Boards with respect to coordination of service, route duplication, or a change in service.
If the Executive Director is unable to mediate a resolution of any dispute, he or she may provide a HB2963 - 68 - LRB104 12004 RTM 22099 b written determination recommending a change in the fares or charges or the allocation of revenues for such service or directing a change in the nature or provider of service that is the subject of the dispute.
If the Executive Director is unable to mediate a resolution of any dispute, he or she may provide a written determination recommending a change in the fares or charges or the allocation of revenues for such service or directing a change in the nature or provider of service that is 10400HB2963ham001 -68- LRB104 12004 RTM 23609 a the subject of the dispute.
Such determination shall be presented to the Board of the Authority and, if approved, by the affirmative vote of at least 9 of the then Directors of the Authority, prior to February 1, 2026, and by the affirmative vote of at least 11 of the then Directors, beginning February 1, 2026, shall be final and shall be implemented by any affected Service Board and transportation agency within the time frame required by the determination.
Such determination shall be presented to the Board of the Authority and, if approved, by the affirmative vote of at least 9 of the then Directors of the Authority, prior to February 1, 2026, and by the affirmative vote of at least 11 of its then Directors, beginning February 1, 2026, shall be final and shall be implemented by any affected Service Board and transportation agency within the time frame required by the determination.
The Executive Director shall organize the staff of the Authority, shall HB2963 - 69 - LRB104 12004 RTM 22099 b allocate their functions and duties, shall transfer such staff to the Suburban Bus Division and the Commuter Rail Division as is sufficient to meet their purposes, shall fix compensation and conditions of employment of the staff of the Authority, and consistent with the policies of and direction from the Board, take all actions necessary to achieve its purposes, fulfill its responsibilities and carry out its powers, and shall have such other powers and responsibilities as the Board shall determine.
The Executive Director shall organize the staff of the Authority, shall allocate their functions and duties, shall transfer such staff to the Suburban Bus Division and the Commuter Rail Division as is sufficient to meet their purposes, shall fix compensation 10400HB2963ham001 -69- LRB104 12004 RTM 23609 a and conditions of employment of the staff of the Authority, and consistent with the policies of and direction from the Board, take all actions necessary to achieve its purposes, fulfill its responsibilities and carry out its powers, and shall have such other powers and responsibilities as the Board shall determine.
The Authority shall establish regulations to insure that its discharges shall not HB2963 - 70 - LRB104 12004 RTM 22099 b be arbitrary and that hiring and promotion are based on merit.
The Authority shall establish regulations to insure that its discharges shall not be arbitrary and that hiring and promotion are based on merit.
The Authority shall be subject to the "Illinois Human Rights Act", as now or hereafter amended, and the remedies and procedure established thereunder.
The Authority shall be subject to the "Illinois Human Rights Act", as now or hereafter amended, and the remedies and 10400HB2963ham001 -70- LRB104 12004 RTM 23609 a procedure established thereunder.
The Authority shall approve such an amended budget provided that it determines, by the affirmative vote of 12 of HB2963 - 71 - LRB104 12004 RTM 22099 b its then members, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then members, beginning February 1, 2026, that the amended budget meets the standards established in Section 4.11.
The Authority shall approve such an amended budget provided that it determines, by the affirmative vote of 12 of its then members, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then members, beginning February 1, 2026, that the amended budget meets the standards 10400HB2963ham001 -71- LRB104 12004 RTM 23609 a established in Section 4.11.
(a) For purposes of this Act, "ADA paratransit services" shall mean those comparable or specialized transportation services provided by, or under grant or purchase of service contracts of, the Service Boards to individuals with disabilities who are unable to use fixed route transportation systems and who are determined to be eligible, for some or all of their trips, for such services under the Americans with Disabilities Act of 1990 and its implementing regulations.
(a) For purposes of this Act, "ADA paratransit services" shall mean those comparable or specialized transportation services provided by, or under grant or purchase of service contracts of, the Service Boards to individuals with disabilities who are unable to use fixed-route fixed route transportation systems and who are determined to be eligible, for some or all of their trips, for such services under the Americans with Disabilities Act of 1990 and its implementing regulations.
The Suburban Bus Board shall operate or provide for the operation of all ADA paratransit services by no later than July 1, 2006, except that this date may be extended to the extent necessary to obtain approval from the Federal Transit Administration of the plan prepared pursuant to subsection HB2963 - 72 - LRB104 12004 RTM 22099 b (c).
The Suburban Bus Board shall operate or provide for the operation of all ADA paratransit services by no later than July 1, 2006, except that this date may be extended to the extent necessary to obtain approval from the Federal Transit Administration of the plan prepared pursuant to subsection (c).
(c) No later than January 1, 2006, the Authority, in collaboration with the Suburban Bus Board and the Chicago Transit Authority, shall develop a plan for the provision of ADA paratransit services and submit such plan to the Federal Transit Administration for approval.
(c) No later than January 1, 2006, the Authority, in 10400HB2963ham001 -72- LRB104 12004 RTM 23609 a collaboration with the Suburban Bus Board and the Chicago Transit Authority, shall develop a plan for the provision of ADA paratransit services and submit such plan to the Federal Transit Administration for approval.
(2) transfer the appropriate ADA paratransit services, management, personnel, service contracts and assets from HB2963 - 73 - LRB104 12004 RTM 22099 b the Chicago Transit Authority to the Authority or the Suburban Bus Board, as necessary, by no later than July 1, 2006, except that this date may be extended to the extent necessary to obtain approval from the Federal Transit Administration of the plan prepared pursuant to this subsection (c);
(2) transfer the appropriate ADA paratransit services, management, personnel, service contracts and assets from the Chicago Transit Authority to the Authority or the Suburban Bus Board, as necessary, by no later than July 1, 10400HB2963ham001 -73- LRB104 12004 RTM 23609 a 2006, except that this date may be extended to the extent necessary to obtain approval from the Federal Transit Administration of the plan prepared pursuant to this subsection (c);
HB2963 - 74 - LRB104 12004 RTM 22099 b (7) provide, in cooperation with the Illinois Department of Transportation, the Illinois Department of Public Aid and other appropriate public agencies and private entities, for the application and receipt of grants, including, without limitation, reimbursement from Medicaid or other programs for ADA paratransit services;
(7) provide, in cooperation with the Illinois Department of Transportation, the Illinois Department of 10400HB2963ham001 -74- LRB104 12004 RTM 23609 a Public Aid and other appropriate public agencies and private entities, for the application and receipt of grants, including, without limitation, reimbursement from Medicaid or other programs for ADA paratransit services;
(d) All revisions and annual updates to the ADA paratransit services plan developed pursuant to subsection (c) HB2963 - 75 - LRB104 12004 RTM 22099 b of this Section, or certifications of continued compliance in lieu of plan updates, that are required to be provided to the Federal Transit Administration shall be developed by the Authority, in collaboration with the Suburban Bus Board and the Chicago Transit Authority, and the Authority shall submit such revision, update or certification to the Federal Transit Administration for approval.
(d) All revisions and annual updates to the ADA paratransit services plan developed pursuant to subsection (c) of this Section, or certifications of continued compliance in lieu of plan updates, that are required to be provided to the 10400HB2963ham001 -75- LRB104 12004 RTM 23609 a Federal Transit Administration shall be developed by the Authority, in collaboration with the Suburban Bus Board and the Chicago Transit Authority, and the Authority shall submit such revision, update or certification to the Federal Transit Administration for approval.
The funding plan shall, at a minimum, contain an analysis of the current costs of providing ADA paratransit services, projections of the long-term costs HB2963 - 76 - LRB104 12004 RTM 22099 b of providing ADA paratransit services, identification of and recommendations for possible cost efficiencies in providing ADA paratransit services, and identification of and recommendations for possible funding sources for providing ADA paratransit services.
The funding plan shall, at a minimum, contain an analysis of the current costs of providing ADA paratransit services, projections of the long-term costs of providing ADA paratransit services, identification of and recommendations for possible cost efficiencies in providing 10400HB2963ham001 -76- LRB104 12004 RTM 23609 a ADA paratransit services, and identification of and recommendations for possible funding sources for providing ADA paratransit services.
The Authority shall evaluate and consider the following topics and produce a final HB2963 - 77 - LRB104 12004 RTM 22099 b report of the data, findings, and recommendations to the General Assembly that:
The Authority shall evaluate and consider the following topics and produce a final report of the data, findings, and recommendations to the General Assembly that:
(1) evaluates the existing governance of the metropolitan region's public transportation system, including roles and responsibilities for each of the Service Boards, the Authority, and the State;
10400HB2963ham001 -77- LRB104 12004 RTM 23609 a (1) evaluates the existing governance of the metropolitan region's public transportation system, including roles and responsibilities for each of the Service Boards, the Authority, and the State;
HB2963 - 78 - LRB104 12004 RTM 22099 b (6) evaluates existing last-mile service options through the service territory and considers the addition of region-wide services;
(6) evaluates existing last-mile service options through the service territory and considers the addition 10400HB2963ham001 -78- LRB104 12004 RTM 23609 a of region-wide services;
(d) The Service Boards shall work closely with the Authority and provide all relevant data and information HB2963 - 79 - LRB104 12004 RTM 22099 b necessary to complete this plan.
(d) The Service Boards shall work closely with the Authority and provide all relevant data and information necessary to complete this plan.
The Authority shall have access to and the right to examine and copy all books, documents, papers, record or other source data of a Service Board relevant to any information submitted pursuant to this Section.
The Authority shall have access to and the right to examine and copy all books, 10400HB2963ham001 -79- LRB104 12004 RTM 23609 a documents, papers, record or other source data of a Service Board relevant to any information submitted pursuant to this Section.
(a) To ensure the changes made by this amendatory Act of the 104th General Assembly are actively pursued and implemented in a timely manner, the following accountability measures shall apply to the Authority and Service Boards:
To ensure the changes made by this amendatory Act of the 104th General Assembly are actively pursued and implemented in a timely manner, the following accountability measures shall apply to the Authority and Service Boards:
HB2963 - 80 - LRB104 12004 RTM 22099 b (2) The Service Boards shall work closely with the Authority and provide all relevant data and information necessary to implement the changes made by this amendatory Act of the 104th General Assembly.
(2) The Service Boards shall work closely with the Authority and provide all relevant data and information 10400HB2963ham001 -80- LRB104 12004 RTM 23609 a necessary to implement the changes made by this amendatory Act of the 104th General Assembly.
(B) If the Executive Director certifies that a Service Board has not submitted data or documents as requested by the Authority or has not been willing to actively communicate and coordinate as requested by the Authority concerning changes to Sections 2.04, 2.08, 2.08a, 2.43, 2.44, 3A.10, 3B.10, 4.01, and 4.09 of this Act by this amendatory Act of the 104th General Assembly and if that certification is accepted by the affirmative vote of at least 14 of the then Directors of the Authority, then the Authority shall reduce the distribution of funds for operating purposes to that Service Board by 10% of the cash proceeds of taxes imposed by the Authority under Section 4.03 and Section 4.03.1 and 10% of the amounts transferred to HB2963 - 81 - LRB104 12004 RTM 22099 b the Authority from the Public Transportation Fund under subsection (a) of Section 4.09.
(B) If the Executive Director certifies that a Service Board has not submitted data or documents as requested by the Authority or has not been willing to actively communicate and coordinate as requested by the Authority concerning changes to Sections 2.04, 2.08, 2.08a, 2.43, 2.44, 3A.10, 3B.10, 4.01, and 4.09 of this Act by this amendatory Act of the 104th General Assembly and if that certification is accepted by the affirmative vote of at least 14 of the then Directors of the Authority, then the Authority shall reduce the distribution of funds for operating purposes to that Service Board by 10% of the cash proceeds of taxes imposed by the Authority under Section 4.03 and Section 4.03.1 and 10% of the amounts transferred to the Authority from the Public Transportation Fund under subsection (a) of Section 4.09.
Such reduction shall apply the first month following an affirmative vote of the Directors.
Such reduction 10400HB2963ham001 -81- LRB104 12004 RTM 23609 a shall apply the first month following an affirmative vote of the Directors.
(70 ILCS 3615/2.45 new) Sec.
2.45.
Illinois Jobs Plan.
(a) As used in this Section:
"Covered transportation agency" means the Chicago Transit Authority, the Commuter Rail Division and the Suburban Bus Division of the Regional Transportation Authority, the Regional Transportation Authority, and all of their subsidiaries and affiliates.
"Covered transportation contract" means a contract for the acquisition of public transportation equipment, including, but not limited to, rolling stock, locomotives, and buses with a base-buy value of $10,000,000 or more.
"Illinois Jobs Plan" means a component of an application submitted by applicants for covered transportation contracts where bidders are required to state, at a minimum, all of the following:
(1) The minimum number of full-time equivalent jobs that will be retained and created if awarded the contract.
(2) The minimum wage and benefit amounts by job classification for nonsupervisory workers on the contract.
10400HB2963ham001 -82- LRB104 12004 RTM 23609 a (3) The minimum number of jobs that will be specifically retained and created for disadvantaged workers as defined in Section 15-10 of the Community Energy, Climate, and Jobs Planning Act, if awarded the contract.
(4) Detailed description of and proposed amounts for worker training by job classification.
(b) Notwithstanding any law requiring a government entity to award contracts to the lowest responsible bidder, beginning January 1, 2026, covered transportation agencies shall award all covered transportation contracts using a competitive best-value procurement process and shall require bidders to submit an Illinois Jobs Plan for itself and any participating subcontractor as part of their solicitation responses.
(c) Covered transportation agencies shall adopt and publish procedures and guidelines for evaluating bidder qualifications in accordance with this Section.
Solicitation documents shall disclose the minimum qualification requirements and specify the criteria that will be assigned a weighted value.
The evaluation process shall use a scoring method based on those factors, including the Illinois Jobs Plan, and the contract price.
The Illinois Jobs Plan shall be scored as part of the overall proposal and incorporated as material terms of the final contract.
(d) Contractors and participating subcontractors on covered transportation contracts shall be required to submit 10400HB2963ham001 -83- LRB104 12004 RTM 23609 a annual Illinois Jobs Plan reports to covered transportation agencies demonstrating compliance with their Illinois Jobs Plan commitments.
The Illinois Jobs Plan and annual compliance reports shall be made available to the public and not be considered trade secret, confidential, privileged, or otherwise exempt from disclosure under paragraph (g) of subsection (1) of Section 7 of the Freedom of Information Act.
(e) This Section does not apply to a contract awarded based on a solicitation issued before January 1, 2026.
After February 1, 2026, the Mayor of the City of Chicago, with the advice and consent of the City Council of the City of Chicago, shall appoint 5 Directors.
After February 1, 2026, the Mayor of the City of Chicago, with the advice and consent of the City Council of the City of Chicago, shall appoint 5 10400HB2963ham001 -84- LRB104 12004 RTM 23609 a Directors.
The Directors appointed by the Mayor of the City of Chicago shall not be the Chairman or a Director of the Chicago HB2963 - 82 - LRB104 12004 RTM 22099 b Transit Authority.
The Directors appointed by the Mayor of the City of Chicago shall not be the Chairman or a Director of the Chicago Transit Authority.
(ii) One Director appointed by the Chairman of the DuPage County Board with the advice and consent of the HB2963 - 83 - LRB104 12004 RTM 22099 b DuPage County Board.
10400HB2963ham001 -85- LRB104 12004 RTM 23609 a (ii) One Director appointed by the Chairman of the DuPage County Board with the advice and consent of the DuPage County Board.
To implement the changes in appointing authority under this subparagraph (d) the three Directors appointed under subparagraph (c) and residing in Lake HB2963 - 84 - LRB104 12004 RTM 22099 b County, DuPage County, and Kane County respectively shall each continue to serve as Director until the expiration of their respective term of office and until his or her successor is appointed and qualified or a vacancy occurs in the office.
To implement the changes in appointing 10400HB2963ham001 -86- LRB104 12004 RTM 23609 a authority under this subparagraph (d) the three Directors appointed under subparagraph (c) and residing in Lake County, DuPage County, and Kane County respectively shall each continue to serve as Director until the expiration of their respective term of office and until his or her successor is appointed and qualified or a vacancy occurs in the office.
If such a Director has not been appointed within 60 days for the initial term, or appointed within 60 days of the expiration of a term or a vacancy, then the first person on the list provided to the Governor will automatically assume such office.
If such a Director has not been appointed within 60 days for the initial term, or appointed within 60 days of the expiration of a term or a vacancy, then the first person on the list provided to the Governor will 10400HB2963ham001 -87- LRB104 12004 RTM 23609 a automatically assume such office.
(f) The Chairperson serving on the effective date of this HB2963 - 85 - LRB104 12004 RTM 22099 b amendatory Act of the 104th General Assembly shall continue to serve as Chairperson until February 1, 2026 or until a successor is appointed and qualified or a vacancy occurs in the office.
(f) The Chairperson serving on the effective date of this amendatory Act of the 104th General Assembly shall continue to serve as Chairperson until February 1, 2026 or until a successor is appointed and qualified or a vacancy occurs in the office.
In the event of the expiration of a term of office or a vacancy occurs prior to February 1, 2026, a new Director shall be appointed as directed in statute.
In the event of the expiration of a term of office or a vacancy occurs prior to February 1, 2026, a new 10400HB2963ham001 -88- LRB104 12004 RTM 23609 a Director shall be appointed as directed in statute.
A Director serving in this position on January 31, 2026 may be HB2963 - 86 - LRB104 12004 RTM 22099 b reappointed.
A Director serving in this position on January 31, 2026 may be reappointed.
Subsequent terms of all Directors shall be 4 years.
Subsequent terms of all 10400HB2963ham001 -89- LRB104 12004 RTM 23609 a Directors shall be 4 years.
(h) Directors shall have diverse and substantial relevant HB2963 - 87 - LRB104 12004 RTM 22099 b experience and expertise in overseeing the planning, operation, and funding of a public transportation system, including, but not limited to, backgrounds in urban and regional planning, management of large capital projects, labor and workforce development, business management, public administration, transportation, and transit and ridership advocacy.
(h) Directors shall have diverse and substantial relevant experience and expertise in overseeing the planning, operation, and funding of a public transportation system, including, but not limited to, backgrounds in urban and regional planning, management of large capital projects, labor and workforce development, business management, public administration, transportation, and transit and ridership advocacy.
(f) Except as otherwise provided by this Act no Director shall, while serving as such, be an officer, a member of the Board of Directors or Trustees or an employee of any Service HB2963 - 88 - LRB104 12004 RTM 22099 b Board or transportation agency, or be an employee of the State of Illinois or any department or agency thereof, or of any municipality, county, or any other unit of local government or receive any compensation from any elected or appointed office under the Constitution and laws of Illinois;
(f) Except as otherwise provided by this Act no Director 10400HB2963ham001 -90- LRB104 12004 RTM 23609 a shall, while serving as such, be an officer, a member of the Board of Directors or Trustees or an employee of any Service Board or transportation agency, or be an employee of the State of Illinois or any department or agency thereof, or of any municipality, county, or any other unit of local government or receive any compensation from any elected or appointed office under the Constitution and laws of Illinois;
Any Director may be removed from office (i) upon concurrence of not less than 11 Directors, on a formal finding of incompetence, neglect of duty, or malfeasance in office or (ii) by the Governor in response to a summary report received from the Executive Inspector General in accordance with Section 20-50 of the State Officials and Employees Ethics Act, provided he or she has an opportunity to be publicly heard in person or by counsel HB2963 - 89 - LRB104 12004 RTM 22099 b prior to removal.
Any Director may be removed from office (i) upon concurrence of not less than 11 Directors, on a formal finding of incompetence, neglect of duty, or malfeasance in office or (ii) by the Governor in response to a summary report received from the Executive Inspector General in accordance with Section 20-50 of the 10400HB2963ham001 -91- LRB104 12004 RTM 23609 a State Officials and Employees Ethics Act, provided he or she has an opportunity to be publicly heard in person or by counsel prior to removal.
Whenever a vacancy for a Director, except as to the Chairman or those Directors appointed by the Mayor of the City of Chicago, exists for longer than 4 months, the new Director shall be chosen by election by all legislative members in the General Assembly representing the affected area.
Whenever a vacancy for a Director, except as to the Chairman or those Directors appointed by the Mayor of the City of Chicago, exists for longer than 4 months, the new Director shall be chosen by election by all legislative members in the 10400HB2963ham001 -92- LRB104 12004 RTM 23609 a General Assembly representing the affected area.
In order to qualify as a voting legislative member in this matter, the HB2963 - 90 - LRB104 12004 RTM 22099 b affected area must be more than 50% of the geographic area of the legislative district.
In order to qualify as a voting legislative member in this matter, the affected area must be more than 50% of the geographic area of the legislative district.
The Board shall meet with the Regional Citizens Advisory Board at least once every 4 months.
The Board shall meet with the Regional Citizens Advisory 10400HB2963ham001 -93- LRB104 12004 RTM 23609 a Board at least once every 4 months.
Open meetings of the Board shall be broadcast to the HB2963 - 91 - LRB104 12004 RTM 22099 b public and maintained in real-time on the Board's website using a high-speed Internet connection.
Open meetings of the Board shall be broadcast to the public and maintained in real-time on the Board's website using a high-speed Internet connection.
(a) Until February 1, 2026, 6 Six Directors appointed by the members of the Cook County Board elected from that part of Cook County outside of Chicago, or in the event such Board of Commissioners becomes elected from single member districts, by those Commissioners elected from districts, a majority of the residents of which reside outside of Chicago from the chief executive officers of the municipalities, of that portion of Cook County outside of Chicago.
(a) Until February 1, 2026, 6 Six Directors appointed by the members of the Cook County Board elected from that part of Cook County outside of Chicago, or in the event such Board of Commissioners becomes elected from single member districts, by those Commissioners elected from districts, a majority of the residents of which reside outside of Chicago from the chief executive officers of the municipalities, of that portion of Cook County outside 10400HB2963ham001 -94- LRB104 12004 RTM 23609 a of Chicago.
On and after February 1, 2026, a total of 6 Directors appointed by the President of the Cook County HB2963 - 92 - LRB104 12004 RTM 22099 b Board of Commissioners with the advice and consent of the members of the Cook County Board of Commissioners.
On and after February 1, 2026, a total of 6 Directors appointed by the President of the Cook County Board of Commissioners with the advice and consent of the members of the Cook County Board of Commissioners.
and (4) Three of the Directors shall be at-large Directors and shall reside in the part of Cook County outside of the City of Chicago;
and (4) Three of the Directors shall be at-large 10400HB2963ham001 -95- LRB104 12004 RTM 23609 a Directors and shall reside in the part of Cook County outside of the City of Chicago;
HB2963 - 93 - LRB104 12004 RTM 22099 b (i) One of the Directors shall be the chief executive officer of a municipality within the area of the Northwest Region defined in Section 3A.13;
(i) One of the Directors shall be the chief executive officer of a municipality within the area of the Northwest Region defined in Section 3A.13;
(d) One Director by the Chairman of the DuPage County Board who shall be a chief executive officer of a HB2963 - 94 - LRB104 12004 RTM 22099 b municipality within DuPage County;
10400HB2963ham001 -96- LRB104 12004 RTM 23609 a (d) One Director by the Chairman of the DuPage County Board who shall be a chief executive officer of a municipality within DuPage County;
The Chairperson shall be appointed from among the other Directors by the affirmative vote of at least 8 of the then Directors Chairman by the Governor for the initial term, and thereafter by a majority of the Chairmen of the DuPage, Kane, Lake, McHenry and Will County Boards and the members of the Cook County Board elected from that part of Cook County outside of Chicago, or in the event such Board of Commissioners is elected from single member districts, HB2963 - 95 - LRB104 12004 RTM 22099 b by those Commissioners elected from districts, a majority of the electors of which reside outside of Chicago;
The Chairperson shall be appointed from among the other Directors by the affirmative vote of at least 8 of the then Directors Chairman by the Governor for the initial term, and thereafter by a majority of the Chairmen of the DuPage, Kane, Lake, McHenry and Will County Boards and the members of the Cook County Board elected from that part of 10400HB2963ham001 -97- LRB104 12004 RTM 23609 a Cook County outside of Chicago, or in the event such Board of Commissioners is elected from single member districts, by those Commissioners elected from districts, a majority of the electors of which reside outside of Chicago;
(j) All existing Directors appointed under subsections (b), (c), (d), (e), and (f) of this Section serving on the effective date of this amendatory Act of the 104th General HB2963 - 96 - LRB104 12004 RTM 22099 b Assembly will retain their offices until the expiration or vacancy of their respective term of office or until February 1, 2026, whichever occurs first.
(j) All existing Directors appointed under subsections 10400HB2963ham001 -98- LRB104 12004 RTM 23609 a (b), (c), (d), (e), and (f) of this Section serving on the effective date of this amendatory Act of the 104th General Assembly will retain their offices until the expiration or vacancy of their respective term of office or until February 1, 2026, whichever occurs first.
(k) Directors shall have diverse and substantial relevant experience and expertise in overseeing the planning, operation, and funding of a public transportation system, including, but not limited to, backgrounds in urban and regional planning, management of large capital projects, labor and workforce development, business management, public HB2963 - 97 - LRB104 12004 RTM 22099 b administration, transportation, and transit and ridership advocacy.
(k) Directors shall have diverse and substantial relevant experience and expertise in overseeing the planning, operation, and funding of a public transportation system, including, but not limited to, backgrounds in urban and 10400HB2963ham001 -99- LRB104 12004 RTM 23609 a regional planning, management of large capital projects, labor and workforce development, business management, public administration, transportation, and transit and ridership advocacy.
(a) to cooperate with the Regional Transportation Authority in the exercise by the Regional Transportation Authority of all the powers granted it by such Act;
(a) to cooperate with the Regional Transportation 10400HB2963ham001 -100- LRB104 12004 RTM 23609 a Authority in the exercise by the Regional Transportation Authority of all the powers granted it by such Act;
HB2963 - 98 - LRB104 12004 RTM 22099 b (b) to receive funds from the Regional Transportation Authority pursuant to Sections 2.02, 4.01, 4.02, 4.09 and 4.10 of the Regional Transportation Authority Act, all as provided in the Regional Transportation Authority Act;
(b) to receive funds from the Regional Transportation Authority pursuant to Sections 2.02, 4.01, 4.02, 4.09 and 4.10 of the Regional Transportation Authority Act, all as provided in the Regional Transportation Authority Act;
For the purpose of evidencing the obligation of the Suburban Bus Board to repay any money borrowed as provided in this subsection, the Suburban Bus HB2963 - 99 - LRB104 12004 RTM 22099 b Board may issue revenue bonds from time to time pursuant to ordinance adopted by the Suburban Bus Board, subject to the approval of the Regional Transportation Authority of each such issuance by the affirmative vote of 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 members, beginning February 1, 2026;
For the purpose of evidencing the 10400HB2963ham001 -101- LRB104 12004 RTM 23609 a obligation of the Suburban Bus Board to repay any money borrowed as provided in this subsection, the Suburban Bus Board may issue revenue bonds from time to time pursuant to ordinance adopted by the Suburban Bus Board, subject to the approval of the Regional Transportation Authority of each such issuance by the affirmative vote of 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 members, beginning February 1, 2026;
Bonds issued pursuant to this paragraph must be issued with scheduled principal or mandatory redemption payments in equal amounts in each fiscal year over the term of the bonds, with the first principal or mandatory redemption payment scheduled within the fiscal year in which bonds are issued or within the next HB2963 - 100 - LRB104 12004 RTM 22099 b succeeding fiscal year.
Bonds issued pursuant to this paragraph must be issued with scheduled principal or mandatory redemption payments in equal amounts in each fiscal year over the term of the bonds, with the first principal or 10400HB2963ham001 -102- LRB104 12004 RTM 23609 a mandatory redemption payment scheduled within the fiscal year in which bonds are issued or within the next succeeding fiscal year.
A remedy for any breach or default of the terms of any such trust agreement by the Suburban Bus Board may be by mandamus proceedings in any court of competent jurisdiction to compel performance and compliance therewith, but the trust agreement may prescribe by whom or on whose behalf such action may be instituted.
A remedy for any breach or default of the terms of any such trust agreement by the Suburban Bus Board may be by mandamus proceedings in any court of competent jurisdiction to compel performance and compliance therewith, but the trust agreement may prescribe by whom or on whose behalf such action may be 10400HB2963ham001 -103- LRB104 12004 RTM 23609 a instituted.
Under no circumstances shall any bonds issued by the Suburban Bus Board or any other obligation of the HB2963 - 101 - LRB104 12004 RTM 22099 b Suburban Bus Board in connection with the issuance of such bonds be or become an indebtedness or obligation of the State of Illinois, the Regional Transportation Authority, or any other political subdivision of or municipality within the State, nor shall any such bonds or obligations be or become an indebtedness of the Suburban Bus Board within the purview of any constitutional limitation or provision, and it shall be plainly stated on the face of each bond that it does not constitute such an indebtedness or obligation but is payable solely from the revenues or income as aforesaid;
Under no circumstances shall any bonds issued by the Suburban Bus Board or any other obligation of the Suburban Bus Board in connection with the issuance of such bonds be or become an indebtedness or obligation of the State of Illinois, the Regional Transportation Authority, or any other political subdivision of or municipality within the State, nor shall any such bonds or obligations be or become an indebtedness of the Suburban Bus Board within the purview of any constitutional limitation or provision, and it shall be plainly stated on the face of each bond that it does not constitute such an indebtedness or obligation but is payable solely from the revenues or income as aforesaid;
The Suburban Bus Board, subject to the powers of the Authority in Section 4.11, shall control the finances of the Division.
The Suburban Bus Board, subject to the powers of the Authority in Section 4.11, shall 10400HB2963ham001 -104- LRB104 12004 RTM 23609 a control the finances of the Division.
It shall by ordinance appropriate money to perform the Division's purposes and HB2963 - 102 - LRB104 12004 RTM 22099 b provide for payment of debts and expenses of the Division.
It shall by ordinance appropriate money to perform the Division's purposes and provide for payment of debts and expenses of the Division.
The Suburban Bus Board shall hold at least one meeting for consideration of the proposed budget, financial plan, and HB2963 - 103 - LRB104 12004 RTM 22099 b five-year capital program with the county board of each of the several counties in the metropolitan region in which the Division provides service.
10400HB2963ham001 -105- LRB104 12004 RTM 23609 a The Suburban Bus Board shall hold at least one meeting for consideration of the proposed budget, financial plan, and five-year capital program with the county board of each of the several counties in the metropolitan region in which the Division provides service.
The ordinance shall appropriate such sums of money as are deemed necessary to defray all necessary expenses and obligations of the Division, specifying purposes and the objects or programs for which appropriations are made and the amount appropriated for each object or program.
The ordinance shall appropriate such sums of money as are deemed necessary to defray all necessary expenses and obligations of the Division, specifying purposes and the objects or programs for which appropriations are made 10400HB2963ham001 -106- LRB104 12004 RTM 23609 a and the amount appropriated for each object or program.
Additional appropriations, transfers between items and other HB2963 - 104 - LRB104 12004 RTM 22099 b changes in such ordinance which do not alter the basis upon which the balanced budget determination was made by the Board of the Authority may be made from time to time by the Suburban Bus Board.
Additional appropriations, transfers between items and other changes in such ordinance which do not alter the basis upon which the balanced budget determination was made by the Board of the Authority may be made from time to time by the Suburban Bus Board.
(v) have been prepared in accordance with sound financial practices as determined by the Board of the HB2963 - 105 - LRB104 12004 RTM 22099 b Authority;
10400HB2963ham001 -107- LRB104 12004 RTM 23609 a (v) have been prepared in accordance with sound financial practices as determined by the Board of the Authority;
Any such agreement of the Suburban Bus Board shall provide that the agreement may be reopened if the amended budget submitted pursuant to Section 2.18a of this Act is not approved by the Board of the Authority.
Any such agreement of the Suburban Bus Board shall provide that the agreement may be reopened if the amended budget submitted pursuant to Section 2.18a of this Act is not approved by the 10400HB2963ham001 -108- LRB104 12004 RTM 23609 a Board of the Authority.
The agreement may not include a provision requiring the payment of wage increases based on HB2963 - 106 - LRB104 12004 RTM 22099 b changes in the Consumer Price Index.
The agreement may not include a provision requiring the payment of wage increases based on changes in the Consumer Price Index.
(d) Within 30 days of the signing of any such collective bargaining agreement, the Suburban Bus Board shall determine the costs of each provision of the agreement, prepare an amended budget incorporating the costs of the agreement, and HB2963 - 107 - LRB104 12004 RTM 22099 b present the amended budget to the Board of the Authority for its approval under Section 4.11.
(d) Within 30 days of the signing of any such collective bargaining agreement, the Suburban Bus Board shall determine 10400HB2963ham001 -109- LRB104 12004 RTM 23609 a the costs of each provision of the agreement, prepare an amended budget incorporating the costs of the agreement, and present the amended budget to the Board of the Authority for its approval under Section 4.11.
(2) Two directors appointed by the Chairmen of the County Boards of Kane, Lake, McHenry and Will Counties with the concurrence of not less than a majority of the chairmen from such counties, from nominees by the HB2963 - 108 - LRB104 12004 RTM 22099 b Chairmen.
(2) Two directors appointed by the Chairmen of the County Boards of Kane, Lake, McHenry and Will Counties 10400HB2963ham001 -110- LRB104 12004 RTM 23609 a with the concurrence of not less than a majority of the chairmen from such counties, from nominees by the Chairmen.
In either case, such appointment shall be with the concurrence of four such Commissioners.
In either case, such appointment shall be with the concurrence of 4 four such Commissioners.
(b) After April 1, 2008 and before February 1, 2026, the governing body of the Commuter Rail Division shall be a board consisting of 11 directors appointed, pursuant to Sections 3B.03 and 3B.04, as follows:
(b) After April 1, 2008 and before February 1, 2026, the governing body of the Commuter Rail Division shall be a board consisting of 11 directors appointed, pursuant to Sections 10400HB2963ham001 -111- LRB104 12004 RTM 23609 a 3B.03 and 3B.04, as follows:
(1) One Director shall be appointed by the Chairman of HB2963 - 109 - LRB104 12004 RTM 22099 b the DuPage County Board with the advice and consent of the DuPage County Board and shall reside in DuPage County.
(1) One Director shall be appointed by the Chairman of the DuPage County Board with the advice and consent of the DuPage County Board and shall reside in DuPage County.
To implement the change in appointing authority under this Section, upon the expiration of the term of or vacancy in office of the Director appointed under item (2) of subsection (a) of this Section who resides in Will County, a Director shall be appointed under this subparagraph.
To implement the change in appointing authority under this Section, upon the expiration of the term of or vacancy in office of the Director appointed under item (2) of subsection (a) of this Section who resides in Will County, a Director shall 10400HB2963ham001 -112- LRB104 12004 RTM 23609 a be appointed under this subparagraph.
(4) One Director shall be appointed by the Chairman of HB2963 - 110 - LRB104 12004 RTM 22099 b the Lake County Board with the advice and consent of the Lake County Board and shall reside in Lake County.
(4) One Director shall be appointed by the Chairman of the Lake County Board with the advice and consent of the Lake County Board and shall reside in Lake County.
To implement the changes in appointing authority under this Section, upon the expiration of the term of or vacancy in office of the Director appointed under paragraph (3) of subsection (a) of HB2963 - 111 - LRB104 12004 RTM 22099 b this Section who resides in the geographic area described in this subparagraph, a Director shall be appointed under this subparagraph.
To implement the changes in appointing authority under this Section, upon the expiration of 10400HB2963ham001 -113- LRB104 12004 RTM 23609 a the term of or vacancy in office of the Director appointed under paragraph (3) of subsection (a) of this Section who resides in the geographic area described in this subparagraph, a Director shall be appointed under this subparagraph.
To implement the changes in appointing authority under this Section, upon the expiration of the term of or vacancy in office of the Director appointed under paragraph (3) of subsection (a) of this Section who resides in the geographic area described in this subparagraph and whose term of office had expired as of August 1, 2007, a Director shall be appointed under this subparagraph.
To implement the changes in appointing authority under this Section, upon the expiration of the term of or vacancy in office of the Director appointed under paragraph (3) of subsection (a) of this Section who resides in the geographic area described in this subparagraph and whose term of office had expired as 10400HB2963ham001 -114- LRB104 12004 RTM 23609 a of August 1, 2007, a Director shall be appointed under this subparagraph.
HB2963 - 112 - LRB104 12004 RTM 22099 b (vi) The Directors identified under the provisions of subparagraphs (ii) through (v) of this paragraph (7) shall be appointed by the members of the Cook County Board.
(vi) The Directors identified under the provisions of subparagraphs (ii) through (v) of this paragraph (7) shall be appointed by the members of the Cook County Board.
(1) One Director shall be appointed by the Mayor of the City of Chicago with the advice and consent of the City HB2963 - 113 - LRB104 12004 RTM 22099 b Council of the City of Chicago for an initial term of 4 years.
10400HB2963ham001 -115- LRB104 12004 RTM 23609 a (1) One Director shall be appointed by the Mayor of the City of Chicago with the advice and consent of the City Council of the City of Chicago for an initial term of 4 years.
If the Director has not been appointed within 60 days for the initial term, or appointed within 60 days of the expiration of a term or a vacancy, the first person on the list provided to the President of the Cook County Board shall automatically assume the office.
If the Director has not been appointed within 60 days for the initial term, or appointed within 60 days of the expiration of a term or a vacancy, the first 10400HB2963ham001 -116- LRB104 12004 RTM 23609 a person on the list provided to the President of the Cook County Board shall automatically assume the office.
HB2963 - 114 - LRB104 12004 RTM 22099 b (4) Five Director's appointed by the Chairmen of the County Boards of DuPage, Kane, Lake, and McHenry counties and the County Executive of Will County as follows:
(4) Five Directors appointed by the Chairmen of the County Boards of DuPage, Kane, Lake, and McHenry counties and the County Executive of Will County as follows:
The appointment shall be made in time to begin the Director's term at this time.
The appointment shall be 10400HB2963ham001 -117- LRB104 12004 RTM 23609 a made in time to begin the Director's term at this time.
The Director appointed under this subparagraph (C) HB2963 - 115 - LRB104 12004 RTM 22099 b shall reside in Lake County.
The Director appointed under this subparagraph (C) shall reside in Lake County.
As soon as possible after the Commuter Rail Board convenes following the appointments on February 1, 2026 as outlined in subsection (c) of this Section, a new Chairman shall be appointed.
As soon as possible after the Commuter Rail Board convenes following the appointments on February 1, 2026 as outlined in subsection (c) of this 10400HB2963ham001 -118- LRB104 12004 RTM 23609 a Section, a new Chairman shall be appointed.
The Chairman shall be appointed from among the other Directors by the HB2963 - 116 - LRB104 12004 RTM 22099 b affirmative vote of at least 7 of the then Directors.
The Chairman shall be appointed from among the other Directors by the affirmative vote of at least 7 of the then Directors.
In the event of the expiration of the a term of office or a vacancy in these offices occurs prior to February 1, 2026, a new Director shall be appointed as provided by law.
In the event of the expiration of a term of office or a vacancy in these offices occurs prior to February 1, 2026, a new Director shall be appointed as provided by law.
(c) No director, while serving as such, shall be an officer, a member of the board of directors or trustee or an employee of any transportation agency, or be an employee of the State of Illinois or any department or agency thereof, or HB2963 - 117 - LRB104 12004 RTM 22099 b of any county, municipality, or any other unit of local government or receive any compensation from any elected or appointed office under the Constitution and laws of Illinois.
(c) No director, while serving as such, shall be an officer, a member of the board of directors or trustee or an 10400HB2963ham001 -119- LRB104 12004 RTM 23609 a employee of any transportation agency, or be an employee of the State of Illinois or any department or agency thereof, or of any county, municipality, or any other unit of local government or receive any compensation from any elected or appointed office under the Constitution and laws of Illinois.
(c) to receive financial grants from the Regional Transportation Authority or a Service Board, as defined in the "Regional Transportation Authority Act", upon such terms and HB2963 - 118 - LRB104 12004 RTM 22099 b conditions as shall be set forth in a grant contract between either the Division and the Regional Transportation Authority or the Division and another Service Board, which contract or agreement may be for such number of years or duration as the parties may agree, all as provided in the "Regional Transportation Authority Act";
(c) to receive financial grants from the Regional 10400HB2963ham001 -120- LRB104 12004 RTM 23609 a Transportation Authority or a Service Board, as defined in the "Regional Transportation Authority Act", upon such terms and conditions as shall be set forth in a grant contract between either the Division and the Regional Transportation Authority or the Division and another Service Board, which contract or agreement may be for such number of years or duration as the parties may agree, all as provided in the "Regional Transportation Authority Act";
All such bonds shall be payable solely from the revenues or income or any other funds that the Commuter Rail Board may receive, provided that the Commuter Rail Board may not pledge as security for such bonds HB2963 - 119 - LRB104 12004 RTM 22099 b the moneys, if any, that the Commuter Rail Board receives from the Regional Transportation Authority pursuant to Section 4.03.3(f) of the Regional Transportation Authority Act.
All such bonds shall be payable solely from the revenues or income or any other funds 10400HB2963ham001 -121- LRB104 12004 RTM 23609 a that the Commuter Rail Board may receive, provided that the Commuter Rail Board may not pledge as security for such bonds the moneys, if any, that the Commuter Rail Board receives from the Regional Transportation Authority pursuant to Section 4.03.3(f) of the Regional Transportation Authority Act.
To secure the payment of any or all of such bonds and for the purpose of setting forth the covenants and undertakings of the Commuter Rail Board in connection with the issuance thereof and the issuance of any additional bonds payable from such revenue or income as well as the use and application of the revenue or income received by the Commuter HB2963 - 120 - LRB104 12004 RTM 22099 b Rail Board, the Commuter Rail Board may execute and deliver a trust agreement or agreements;
To secure the payment of any or all of such bonds and for the purpose of setting forth the covenants and undertakings of the Commuter Rail Board in connection with the issuance thereof and the issuance of any additional bonds 10400HB2963ham001 -122- LRB104 12004 RTM 23609 a payable from such revenue or income as well as the use and application of the revenue or income received by the Commuter Rail Board, the Commuter Rail Board may execute and deliver a trust agreement or agreements;
The Commuter Rail Board, subject to the powers of the Authority in Section 4.11, shall control the finances of the Division.
The Commuter Rail Board, 10400HB2963ham001 -123- LRB104 12004 RTM 23609 a subject to the powers of the Authority in Section 4.11, shall control the finances of the Division.
It shall by ordinance HB2963 - 121 - LRB104 12004 RTM 22099 b appropriate money to perform the Division's purposes and provide for payment of debts and expenses of the Division.
It shall by ordinance appropriate money to perform the Division's purposes and provide for payment of debts and expenses of the Division.
Before the proposed budget, financial plan, and five-year capital program are submitted to the Authority, the Commuter Rail Board shall hold at least one public hearing thereon in each of the counties in the metropolitan region in which the Division provides service.
Before the proposed budget, financial plan, and five-year capital program are submitted to the Authority, the Commuter Rail Board shall hold at least one public hearing 10400HB2963ham001 -124- LRB104 12004 RTM 23609 a thereon in each of the counties in the metropolitan region in which the Division provides service.
The Commuter Rail Board HB2963 - 122 - LRB104 12004 RTM 22099 b shall hold at least one meeting for consideration of the proposed budget, financial plan, and five-year capital plan with the county board of each of the several counties in the metropolitan region in which the Division provides service.
The Commuter Rail Board shall hold at least one meeting for consideration of the proposed budget, financial plan, and five-year capital plan with the county board of each of the several counties in the metropolitan region in which the Division provides service.
The ordinance shall appropriate such sums of money as are deemed necessary to defray all necessary expenses and obligations of the Division, specifying purposes and the objects or programs for which appropriations are made HB2963 - 123 - LRB104 12004 RTM 22099 b and the amount appropriated for each object or program.
The ordinance shall appropriate such sums of money as are deemed necessary to defray all necessary 10400HB2963ham001 -125- LRB104 12004 RTM 23609 a expenses and obligations of the Division, specifying purposes and the objects or programs for which appropriations are made and the amount appropriated for each object or program.
(v) have been prepared in accordance with sound financial practices as determined by the Board of the HB2963 - 124 - LRB104 12004 RTM 22099 b Authority;
10400HB2963ham001 -126- LRB104 12004 RTM 23609 a (v) have been prepared in accordance with sound financial practices as determined by the Board of the Authority;
Any such agreement of the Commuter Rail Board shall provide that the agreement may be reopened if the amended budget submitted HB2963 - 125 - LRB104 12004 RTM 22099 b pursuant to Section 2.18a of this Act is not approved by the Board of the Authority.
Any such 10400HB2963ham001 -127- LRB104 12004 RTM 23609 a agreement of the Commuter Rail Board shall provide that the agreement may be reopened if the amended budget submitted pursuant to Section 2.18a of this Act is not approved by the Board of the Authority.
(c) The collective bargaining agreement may not include a prohibition on the use of part-time operators on any service operated by the Commuter Rail Board except where prohibited by federal law.
(c) The collective bargaining agreement may not include a prohibition on the use of part-time operators on any service 10400HB2963ham001 -128- LRB104 12004 RTM 23609 a operated by the Commuter Rail Board except where prohibited by federal law.
HB2963 - 126 - LRB104 12004 RTM 22099 b (d) Within 30 days of the signing of any such collective bargaining agreement, the Commuter Rail Board shall determine the costs of each provision of the agreement, prepare an amended budget incorporating the costs of the agreement, and present the amended budget to the Board of the Authority for its approval under Section 4.11.
(d) Within 30 days of the signing of any such collective bargaining agreement, the Commuter Rail Board shall determine the costs of each provision of the agreement, prepare an amended budget incorporating the costs of the agreement, and present the amended budget to the Board of the Authority for its approval under Section 4.11.
It shall by ordinance adopted by the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then Directors, beginning February 1, 2026, (i) appropriate money to perform the Authority's purposes and provide for payment of debts and expenses of the Authority, (ii) take action with respect to the budget and two-year financial plan of each Service Board, HB2963 - 127 - LRB104 12004 RTM 22099 b as provided in Section 4.11, and (iii) adopt an Annual Budget and Two-Year Financial Plan for the Authority that includes the annual budget and two-year financial plan of each Service Board that has been approved by the Authority.
It shall by ordinance adopted by the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then Directors, beginning February 1, 2026, (i) appropriate money to perform the Authority's purposes and provide for payment of debts and 10400HB2963ham001 -129- LRB104 12004 RTM 23609 a expenses of the Authority, (ii) take action with respect to the budget and two-year financial plan of each Service Board, as provided in Section 4.11, and (iii) adopt an Annual Budget and Two-Year Financial Plan for the Authority that includes the annual budget and two-year financial plan of each Service Board that has been approved by the Authority.
The Authority shall file a copy of its Annual Budget and Two-Year Financial Plan with the General Assembly and the Governor after its adoption.
The Authority shall file a copy of its Annual 10400HB2963ham001 -130- LRB104 12004 RTM 23609 a Budget and Two-Year Financial Plan with the General Assembly and the Governor after its adoption.
Before the proposed HB2963 - 128 - LRB104 12004 RTM 22099 b Annual Budget and Two-Year Financial Plan is adopted, the Authority shall hold at least one public hearing thereon in the metropolitan region, and shall meet with the county board or its designee of each of the several counties in the metropolitan region.
Before the proposed Annual Budget and Two-Year Financial Plan is adopted, the Authority shall hold at least one public hearing thereon in the metropolitan region, and shall meet with the county board or its designee of each of the several counties in the metropolitan region.
(b) The Annual Budget and Two-Year Financial Plan shall show a balance between anticipated revenues from all sources and anticipated expenses including funding of operating HB2963 - 129 - LRB104 12004 RTM 22099 b deficits or the discharge of encumbrances incurred in prior periods and payment of principal and interest when due, and shall show cash balances sufficient to pay with reasonable promptness all obligations and expenses as incurred.
(b) The Annual Budget and Two-Year Financial Plan shall 10400HB2963ham001 -131- LRB104 12004 RTM 23609 a show a balance between anticipated revenues from all sources and anticipated expenses including funding of operating deficits or the discharge of encumbrances incurred in prior periods and payment of principal and interest when due, and shall show cash balances sufficient to pay with reasonable promptness all obligations and expenses as incurred.
The aggregate of all projected fare revenues from such fares and charges received in fiscal years 2028 and 2029 and for every fiscal year thereafter shall equal at least 15% of the aggregate cost of providing such public transportation in those fiscal years.
The aggregate of all projected fare revenues from such fares and charges received in fiscal years 2028 and 2029 and for every fiscal year thereafter shall equal at 10400HB2963ham001 -132- LRB104 12004 RTM 23609 a least 15% of the aggregate cost of providing such public transportation in those fiscal years.
Prior to the HB2963 - 130 - LRB104 12004 RTM 22099 b beginning of fiscal year 2030, the General Assembly shall reevaluate and determine the appropriate system generated revenues recovery ratio for future years.
Prior to the beginning of fiscal year 2030, the General Assembly shall reevaluate and determine the appropriate system generated revenues recovery ratio for future years.
payment of principal and interest on bonds, notes or other evidences of obligation for borrowed money issued by the HB2963 - 131 - LRB104 12004 RTM 22099 b Authority;
10400HB2963ham001 -133- LRB104 12004 RTM 23609 a payment of principal and interest on bonds, notes or other evidences of obligation for borrowed money issued by the Authority;
or, beginning with the 2007 fiscal year, expenses related to providing ADA paratransit service pursuant to Section HB2963 - 132 - LRB104 12004 RTM 22099 b 2.30 of the Regional Transportation Authority Act;
10400HB2963ham001 -134- LRB104 12004 RTM 23609 a or, beginning with the 2007 fiscal year, expenses related to providing ADA paratransit service pursuant to Section 2.30 of the Regional Transportation Authority Act;
The aggregate of all projected revenues from such fares charged and received in fiscal years 2028 and 2029 and every fiscal year thereafter shall equal at least 3% of the aggregate costs of providing such HB2963 - 133 - LRB104 12004 RTM 22099 b ADA paratransit services in those fiscal years.
The aggregate of all projected revenues from such fares charged and received in fiscal 10400HB2963ham001 -135- LRB104 12004 RTM 23609 a years 2028 and 2029 and every fiscal year thereafter shall equal at least 3% of the aggregate costs of providing such ADA paratransit services in those fiscal years.
If the Authority fails to file a statement certifying publication of the data, then the appropriations to the Department of Transportation for grants to the Authority intended to reimburse the Service Boards for providing free and reduced fares shall be withheld.
If the Authority fails to file a statement certifying publication of the data, then the appropriations to the Department of Transportation for grants to the Authority intended to reimburse the Service Boards for 10400HB2963ham001 -136- LRB104 12004 RTM 23609 a providing free and reduced fares shall be withheld.
(b-5) For fiscal years 2024, and 2025, 2026, and every HB2963 - 134 - LRB104 12004 RTM 22099 b year thereafter, the Service Boards must publish a monthly comprehensive set of data regarding transit service and safety.
(b-5) For fiscal years 2024, and 2025, 2026, and every year thereafter, the Service Boards must publish a monthly comprehensive set of data regarding transit service and safety.
The Authority and Service Boards shall solicit input and ideas on publishing data on the service reliability, operations, and safety of the system from the public and groups representing transit riders, workers, and businesses.
The Authority and Service Boards shall solicit input and ideas on publishing data on the service reliability, 10400HB2963ham001 -137- LRB104 12004 RTM 23609 a operations, and safety of the system from the public and groups representing transit riders, workers, and businesses.
HB2963 - 135 - LRB104 12004 RTM 22099 b (c) The actual administrative expenses of the Authority for the fiscal year commencing January 1, 1985 may not exceed $5,000,000.
(c) The actual administrative expenses of the Authority for the fiscal year commencing January 1, 1985 may not exceed $5,000,000.
After withholding 15% of the proceeds of any tax imposed by the Authority and 15% of money received by the Authority from the Regional Transportation Authority Occupation and Use Tax Replacement Fund, the Board shall HB2963 - 136 - LRB104 12004 RTM 22099 b allocate the proceeds and money remaining to the Service Boards as follows:
After withholding 15% of the proceeds of any tax imposed by the Authority and 15% of money received 10400HB2963ham001 -138- LRB104 12004 RTM 23609 a by the Authority from the Regional Transportation Authority Occupation and Use Tax Replacement Fund, the Board shall allocate the proceeds and money remaining to the Service Boards as follows:
Moneys received by the Authority on account of transfers to the Regional Transportation Authority Occupation and Use Tax Replacement Fund from the State and HB2963 - 137 - LRB104 12004 RTM 22099 b Local Sales Tax Reform Fund shall be allocated among the Authority and the Service Boards as follows:
Moneys received by the Authority on 10400HB2963ham001 -139- LRB104 12004 RTM 23609 a account of transfers to the Regional Transportation Authority Occupation and Use Tax Replacement Fund from the State and Local Sales Tax Reform Fund shall be allocated among the Authority and the Service Boards as follows:
(1) propose for adoption by the Board of the Authority rules for the Service Boards that establish (i) forms and schedules to be used and information required to be provided with respect to a five-year capital program, annual budgets, and two-year financial plans and regular reporting of actual results against adopted budgets and financial plans, (ii) financial practices to be followed in the budgeting and expenditure of public funds, (iii) assumptions and projections that must be followed in preparing and submitting its annual budget and HB2963 - 138 - LRB104 12004 RTM 22099 b two-year financial plan or a five-year capital program;
(1) propose for adoption by the Board of the Authority rules for the Service Boards that establish (i) forms and schedules to be used and information required to be provided with respect to a five-year capital program, annual budgets, and two-year financial plans and regular reporting of actual results against adopted budgets and financial plans, (ii) financial practices to be followed in the budgeting and expenditure of 10400HB2963ham001 -140- LRB104 12004 RTM 23609 a public funds, (iii) assumptions and projections that must be followed in preparing and submitting its annual budget and two-year financial plan or a five-year capital program;
The Executive Director, or his or her designee, shall, for the purpose of securing any such information necessary or appropriate to carry out any of the powers and responsibilities of the Authority under this Act, have access to, and the right to examine, all books, documents, papers or records of a Service Board or any transportation agency receiving funds from the Authority or Service Board, and such HB2963 - 139 - LRB104 12004 RTM 22099 b Service Board or transportation agency shall comply with any request by the Executive Director, or his or her designee, within 30 days or an extended time provided by the Executive Director.
The Executive Director, or his or her designee, shall, for the purpose of securing any such information necessary or appropriate to carry out any of the powers and responsibilities of the Authority under this Act, have access to, and the right to examine, all books, documents, papers or 10400HB2963ham001 -141- LRB104 12004 RTM 23609 a records of a Service Board or any transportation agency receiving funds from the Authority or Service Board, and such Service Board or transportation agency shall comply with any request by the Executive Director, or his or her designee, within 30 days or an extended time provided by the Executive Director.
Except as otherwise provided in this Act, taxes imposed under this Section and civil penalties imposed incident thereto shall be collected and enforced by the State HB2963 - 140 - LRB104 12004 RTM 22099 b Department of Revenue.
Except as otherwise provided in this Act, taxes 10400HB2963ham001 -142- LRB104 12004 RTM 23609 a imposed under this Section and civil penalties imposed incident thereto shall be collected and enforced by the State Department of Revenue.
The provisions of any tax shall conform, as closely as may be practicable, to the provisions of the Municipal Retailers Occupation Tax Act, including, without limitation, conformity to penalties with respect to the tax imposed and as to the powers of the State Department of Revenue to promulgate and enforce rules and regulations relating to the administration and enforcement of the provisions of the tax imposed, except that reference in the Act to any municipality shall refer to the Authority and the tax shall be imposed only with regard to receipts from sales of motor fuel in the metropolitan region, HB2963 - 141 - LRB104 12004 RTM 22099 b at rates as limited by this Section.
The provisions of any tax shall conform, as closely as may be practicable, to the provisions of the Municipal Retailers Occupation Tax Act, including, without limitation, conformity to penalties with respect to the tax imposed and as to the powers of the State Department of Revenue to promulgate and enforce rules and regulations relating to the administration and enforcement of the provisions of the tax imposed, except that reference in the Act to any municipality shall refer to 10400HB2963ham001 -143- LRB104 12004 RTM 23609 a the Authority and the tax shall be imposed only with regard to receipts from sales of motor fuel in the metropolitan region, at rates as limited by this Section.
As used in this paragraph, the term "parking facility" means a parking area or structure having parking spaces for more than 2 vehicles at which motor vehicles are permitted to park in return for an hourly, daily, or other periodic fee, whether publicly or privately owned, HB2963 - 142 - LRB104 12004 RTM 22099 b but does not include parking spaces on a public street, the use of which is regulated by parking meters.
As used in this paragraph, the term "parking facility" means a parking area or structure having parking spaces for more than 2 vehicles at which motor 10400HB2963ham001 -144- LRB104 12004 RTM 23609 a vehicles are permitted to park in return for an hourly, daily, or other periodic fee, whether publicly or privately owned, but does not include parking spaces on a public street, the use of which is regulated by parking meters.
If there is no airport-related purpose to which aviation fuel tax revenue is dedicated, then aviation fuel is excluded from the additional HB2963 - 143 - LRB104 12004 RTM 22099 b 0.50% of the 0.75% tax.
If there is no 10400HB2963ham001 -145- LRB104 12004 RTM 23609 a airport-related purpose to which aviation fuel tax revenue is dedicated, then aviation fuel is excluded from the additional 0.50% of the 0.75% tax.
47133), 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5h, 5i, 5j, 5k, 5l, 6, 6a, 6b, 6c, 6d, 7, 8, 9, 10, 11, 12, and 13 of the Retailers' Occupation Tax Act and Section 3-7 of the Uniform Penalty and Interest Act, as fully as if those provisions were set forth herein.
47133), 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5h, 5i, 5j, 5k, 5l, 6, 6a, 6b, 6c, 6d, 7, 8, 9, 10, 11, 12, and 13 of the Retailers' Occupation Tax Act and Section 3-7 of the Uniform Penalty and Interest Act, as fully 10400HB2963ham001 -146- LRB104 12004 RTM 23609 a as if those provisions were set forth herein.
The Board and DuPage, Kane, Lake, McHenry, and Will HB2963 - 144 - LRB104 12004 RTM 22099 b counties must comply with the certification requirements for airport-related purposes under Section 2-22 of the Retailers' Occupation Tax Act.
The Board and DuPage, Kane, Lake, McHenry, and Will counties must comply with the certification requirements for airport-related purposes under Section 2-22 of the Retailers' Occupation Tax Act.
If a tax is imposed under this subsection (e), a tax shall also be imposed under subsections (f) and (g) of this Section.
10400HB2963ham001 -147- LRB104 12004 RTM 23609 a If a tax is imposed under this subsection (e), a tax shall also be imposed under subsections (f) and (g) of this Section.
HB2963 - 145 - LRB104 12004 RTM 22099 b For the purpose of determining whether a tax authorized under this Section is applicable, a retail sale by a producer of coal or other mineral mined in Illinois, is a sale at retail at the place where the coal or other mineral mined in Illinois is extracted from the earth.
For the purpose of determining whether a tax authorized under this Section is applicable, a retail sale by a producer of coal or other mineral mined in Illinois, is a sale at retail at the place where the coal or other mineral mined in Illinois is extracted from the earth.
(f) If a tax has been imposed under paragraph (e), a Regional Transportation Authority Service Occupation Tax shall also be imposed upon all persons engaged, in the metropolitan region in the business of making sales of service, who, as an incident to making the sales of service, transfer tangible personal property within the metropolitan region, either in the form of tangible personal property or in the form of real estate as an incident to a sale of service.
(f) If a tax has been imposed under paragraph (e), a Regional Transportation Authority Service Occupation Tax shall also be imposed upon all persons engaged, in the metropolitan region in the business of making sales of service, who, as an incident to making the sales of service, transfer tangible personal property within the metropolitan region, either in 10400HB2963ham001 -148- LRB104 12004 RTM 23609 a the form of tangible personal property or in the form of real estate as an incident to a sale of service.
In Cook County, the HB2963 - 146 - LRB104 12004 RTM 22099 b tax rate shall be:
In Cook County, the tax rate shall be:
The rate of tax imposed in DuPage, Kane, Lake, McHenry, and Will counties under this Section on sales of aviation fuel on or after December 1, 2019 shall, however, be 0.25% unless the Regional Transportation Authority in DuPage, Kane, Lake, McHenry, and Will counties has an "airport-related purpose" and the additional 0.50% of the HB2963 - 147 - LRB104 12004 RTM 22099 b 0.75% tax on aviation fuel is expended for airport-related purposes.
The rate of tax imposed in DuPage, Kane, Lake, McHenry, and Will counties under this Section on sales of aviation fuel on or after December 1, 2019 shall, however, be 0.25% unless the Regional Transportation Authority in 10400HB2963ham001 -149- LRB104 12004 RTM 23609 a DuPage, Kane, Lake, McHenry, and Will counties has an "airport-related purpose" and the additional 0.50% of the 0.75% tax on aviation fuel is expended for airport-related purposes.
In the administration of and compliance with this paragraph, the Department and persons who are subject to this paragraph shall have the same rights, remedies, privileges, immunities, powers, and duties, and be subject to the same conditions, restrictions, limitations, HB2963 - 148 - LRB104 12004 RTM 22099 b penalties, exclusions, exemptions, and definitions of terms, and employ the same modes of procedure, as are prescribed in Sections 1a-1, 2, 2a, 3 through 3-50 (in respect to all provisions therein other than the State rate of tax), 4 (except that the reference to the State shall be to the Authority), 5, 7, 8 (except that the jurisdiction to which the tax shall be a debt to the extent indicated in that Section 8 shall be the Authority), 9 (except as to the disposition of taxes and penalties collected, and except that the returned merchandise credit for this tax may not be taken against any State tax, and except that the retailer's discount is not allowed for taxes paid on aviation fuel that are subject to the revenue use requirements of 49 U.S.C.
In the administration of and compliance with this paragraph, the Department and persons who are subject to this paragraph shall have the same rights, 10400HB2963ham001 -150- LRB104 12004 RTM 23609 a remedies, privileges, immunities, powers, and duties, and be subject to the same conditions, restrictions, limitations, penalties, exclusions, exemptions, and definitions of terms, and employ the same modes of procedure, as are prescribed in Sections 1a-1, 2, 2a, 3 through 3-50 (in respect to all provisions therein other than the State rate of tax), 4 (except that the reference to the State shall be to the Authority), 5, 7, 8 (except that the jurisdiction to which the tax shall be a debt to the extent indicated in that Section 8 shall be the Authority), 9 (except as to the disposition of taxes and penalties collected, and except that the returned merchandise credit for this tax may not be taken against any State tax, and except that the retailer's discount is not allowed for taxes paid on aviation fuel that are subject to the revenue use requirements of 49 U.S.C.
Persons subject to any tax imposed under the authority granted in this paragraph may reimburse themselves for their serviceman's tax liability hereunder by separately stating the tax as an additional charge, that charge may be stated in combination in a single amount with State tax that servicemen are authorized to collect under the Service Use Tax Act, under HB2963 - 149 - LRB104 12004 RTM 22099 b any bracket schedules the Department may prescribe.
Persons subject to any tax imposed under the authority granted in this paragraph may reimburse themselves for their serviceman's tax liability hereunder by separately stating the tax as an additional charge, that charge may be stated in 10400HB2963ham001 -151- LRB104 12004 RTM 23609 a combination in a single amount with State tax that servicemen are authorized to collect under the Service Use Tax Act, under any bracket schedules the Department may prescribe.
In DuPage, Kane, Lake, McHenry, and Will counties, the tax rate shall be 0.75% of the selling price of the tangible personal property, as "selling price" is defined in the Use Tax Act.
In DuPage, Kane, Lake, McHenry, and Will counties, the tax rate shall be 0.75% of the selling price of the tangible personal 10400HB2963ham001 -152- LRB104 12004 RTM 23609 a property, as "selling price" is defined in the Use Tax Act.
The tax shall be collected from persons whose Illinois address for HB2963 - 150 - LRB104 12004 RTM 22099 b titling or registration purposes is given as being in the metropolitan region.
The tax shall be collected from persons whose Illinois address for titling or registration purposes is given as being in the metropolitan region.
In the administration of and compliance with this paragraph, the Department and persons who are subject to this paragraph shall have the same rights, remedies, privileges, immunities, powers, and duties, and be subject to the same conditions, restrictions, limitations, penalties, exclusions, exemptions, and definitions of terms and employ the same modes of procedure, as are prescribed in Sections 2 (except the HB2963 - 151 - LRB104 12004 RTM 22099 b definition of "retailer maintaining a place of business in this State"), 3 through 3-80 (except provisions pertaining to the State rate of tax, and except provisions concerning collection or refunding of the tax by retailers), 4, 11, 12, 12a, 14, 15, 19 (except the portions pertaining to claims by retailers and except the last paragraph concerning refunds), 20, 21, and 22 of the Use Tax Act, and are not inconsistent with this paragraph, as fully as if those provisions were set forth herein.
In the administration of and compliance with this paragraph, the Department and persons who are subject to this paragraph shall have the same rights, remedies, privileges, immunities, powers, and duties, and be subject to the same conditions, restrictions, limitations, penalties, exclusions, 10400HB2963ham001 -153- LRB104 12004 RTM 23609 a exemptions, and definitions of terms and employ the same modes of procedure, as are prescribed in Sections 2 (except the definition of "retailer maintaining a place of business in this State"), 3 through 3-80 (except provisions pertaining to the State rate of tax, and except provisions concerning collection or refunding of the tax by retailers), 4, 11, 12, 12a, 14, 15, 19 (except the portions pertaining to claims by retailers and except the last paragraph concerning refunds), 20, 21, and 22 of the Use Tax Act, and are not inconsistent with this paragraph, as fully as if those provisions were set forth herein.
(g-5) If, on January 1, 2025, a unit of local government has in effect a tax under subsections (e), (f), and (g), or if, after January 1, 2025, a unit of local government imposes a tax under subsections (e), (f), and (g), then that tax applies to leases of tangible personal property in effect, entered into, or renewed on or after that date in the same manner as the tax under this Section and in accordance with the changes made by Public Act 103-592 this amendatory Act of the 103rd General Assembly.
(g-5) If, on January 1, 2025, a unit of local government has in effect a tax under subsections (e), (f), and (g), or if, after January 1, 2025, a unit of local government imposes a tax under subsections (e), (f), and (g), then that tax applies to leases of tangible personal property in effect, entered into, or renewed on or after that date in the same manner as the tax under this Section and in accordance with the changes made by 10400HB2963ham001 -154- LRB104 12004 RTM 23609 a Public Act 103-592 this amendatory Act of the 103rd General Assembly.
HB2963 - 152 - LRB104 12004 RTM 22099 b (h) The Authority may impose a replacement vehicle tax of $50 on any passenger car as defined in Section 1-157 of the Illinois Vehicle Code purchased within the metropolitan region by or on behalf of an insurance company to replace a passenger car of an insured person in settlement of a total loss claim.
(h) The Authority may impose a replacement vehicle tax of $50 on any passenger car as defined in Section 1-157 of the Illinois Vehicle Code purchased within the metropolitan region by or on behalf of an insurance company to replace a passenger car of an insured person in settlement of a total loss claim.
After the monthly transfer to the STAR Bonds Revenue Fund, on or before the 25th day of each calendar month, the Department shall prepare and certify to the Comptroller the disbursement of stated sums of money to the Authority.
After the monthly transfer to the STAR Bonds Revenue Fund, on or before the 25th day of each calendar month, the 10400HB2963ham001 -155- LRB104 12004 RTM 23609 a Department shall prepare and certify to the Comptroller the disbursement of stated sums of money to the Authority.
The HB2963 - 153 - LRB104 12004 RTM 22099 b amount to be paid to the Authority shall be the amount collected hereunder during the second preceding calendar month by the Department, less any amount determined by the Department to be necessary for the payment of refunds, and less any amounts that are transferred to the STAR Bonds Revenue Fund.
The amount to be paid to the Authority shall be the amount collected hereunder during the second preceding calendar month by the Department, less any amount determined by the Department to be necessary for the payment of refunds, and less any amounts that are transferred to the STAR Bonds Revenue Fund.
(k) The provisions of any tax imposed under paragraph (c) of this Section shall conform as closely as may be practicable to the provisions of the Use Tax Act, including, without limitation, conformity as to penalties with respect to the tax HB2963 - 154 - LRB104 12004 RTM 22099 b imposed and as to the powers of the State Department of Revenue to promulgate and enforce rules and regulations relating to the administration and enforcement of the provisions of the tax imposed.
(k) The provisions of any tax imposed under paragraph (c) of this Section shall conform as closely as may be practicable 10400HB2963ham001 -156- LRB104 12004 RTM 23609 a to the provisions of the Use Tax Act, including, without limitation, conformity as to penalties with respect to the tax imposed and as to the powers of the State Department of Revenue to promulgate and enforce rules and regulations relating to the administration and enforcement of the provisions of the tax imposed.
(m) Any ordinance imposing or discontinuing any tax under this Section shall be adopted and a certified copy thereof filed with the Department on or before June 1, whereupon the Department of Revenue shall proceed to administer and enforce this Section on behalf of the Regional Transportation Authority as of September 1 next following such adoption and filing.
(m) Any ordinance imposing or discontinuing any tax under this Section shall be adopted and a certified copy thereof filed with the Department on or before June 1, whereupon the Department of Revenue shall proceed to administer and enforce this Section on behalf of the Regional Transportation 10400HB2963ham001 -157- LRB104 12004 RTM 23609 a Authority as of September 1 next following such adoption and filing.
Beginning January 1, 1992, an ordinance or resolution HB2963 - 155 - LRB104 12004 RTM 22099 b imposing or discontinuing the tax hereunder shall be adopted and a certified copy thereof filed with the Department on or before the first day of July, whereupon the Department shall proceed to administer and enforce this Section as of the first day of October next following such adoption and filing.
Beginning January 1, 1992, an ordinance or resolution imposing or discontinuing the tax hereunder shall be adopted and a certified copy thereof filed with the Department on or before the first day of July, whereupon the Department shall proceed to administer and enforce this Section as of the first day of October next following such adoption and filing.
(n) Except as otherwise provided in this subsection (n), the State Department of Revenue shall, upon collecting any taxes as provided in this Section, pay the taxes over to the State Treasurer as trustee for the Authority.
(n) Except as otherwise provided in this subsection (n), the State Department of Revenue shall, upon collecting any taxes as provided in this Section, pay the taxes over to the 10400HB2963ham001 -158- LRB104 12004 RTM 23609 a State Treasurer as trustee for the Authority.
If an HB2963 - 156 - LRB104 12004 RTM 22099 b airport-related purpose has been certified, taxes and penalties collected in DuPage, Kane, Lake, McHenry and Will counties on aviation fuel sold on or after December 1, 2019 from the 0.50% of the 0.75% rate shall be immediately paid over by the Department to the State Treasurer, ex officio, as trustee, for deposit into the Local Government Aviation Trust Fund.
If an airport-related purpose has been certified, taxes and penalties collected in DuPage, Kane, Lake, McHenry and Will counties on aviation fuel sold on or after December 1, 2019 from the 0.50% of the 0.75% rate shall be immediately paid over by the Department to the State Treasurer, ex officio, as trustee, for deposit into the Local Government Aviation Trust Fund.
On or before the 25th day of each calendar month, the State Department of Revenue shall prepare and certify to the Comptroller of the State of Illinois and to the Authority (i) the amount of taxes collected in each county other than Cook County in the metropolitan region, (not including, if an airport-related purpose has been certified, the taxes and penalties collected from the 0.50% of the 0.75% rate on aviation fuel sold on or after December 1, 2019 that are deposited into the Local Government Aviation Trust Fund) (ii) the amount of taxes collected within the City of Chicago, and (iii) the amount collected in that portion of Cook County outside of Chicago, each amount less the amount necessary for the payment of refunds to taxpayers located in those areas described in items (i), (ii), and (iii), and less 1.5% of the remainder, which shall be transferred from the trust fund into the Tax Compliance and Administration Fund.
On or before the 25th day of each calendar month, the State Department of Revenue shall prepare and certify to the Comptroller of the State of Illinois and to the Authority (i) the amount of taxes collected in each county other than Cook County in the metropolitan region, (not including, if an airport-related purpose has been certified, the taxes and penalties collected from the 0.50% of the 0.75% rate on aviation fuel sold on or after December 1, 2019 that are deposited into the Local Government Aviation Trust Fund) (ii) the amount of taxes collected within the City of Chicago, and (iii) the amount collected in that portion of Cook County outside of Chicago, each amount less the amount necessary for the payment of refunds to taxpayers located in those areas described in items (i), (ii), and (iii), and less 1.5% of the remainder, which 10400HB2963ham001 -159- LRB104 12004 RTM 23609 a shall be transferred from the trust fund into the Tax Compliance and Administration Fund.
The Department, at the HB2963 - 157 - LRB104 12004 RTM 22099 b time of each monthly disbursement to the Authority, shall prepare and certify to the State Comptroller the amount to be transferred into the Tax Compliance and Administration Fund under this subsection.
The Department, at the time of each monthly disbursement to the Authority, shall prepare and certify to the State Comptroller the amount to be transferred into the Tax Compliance and Administration Fund under this subsection.
The distribution made in July 1992 and each year thereafter under this paragraph and the preceding paragraph shall be reduced by the amount allocated and disbursed under this paragraph in the preceding calendar year.
The distribution made in July 1992 and each year thereafter under this paragraph and the preceding paragraph shall be reduced by the amount allocated and 10400HB2963ham001 -160- LRB104 12004 RTM 23609 a disbursed under this paragraph in the preceding calendar year.
The Department of Revenue shall prepare and certify to the HB2963 - 158 - LRB104 12004 RTM 22099 b Comptroller for disbursement the allocations made in accordance with this paragraph.
The Department of Revenue shall prepare and certify to the Comptroller for disbursement the allocations made in accordance with this paragraph.
(q) Any existing rights, remedies and obligations (including enforcement by the Regional Transportation Authority) arising under any tax imposed under paragraph (b), (c), or (d) of this Section shall not be affected by the HB2963 - 159 - LRB104 12004 RTM 22099 b imposition of a tax under paragraph (e), (f), or (g) of this Section.
(q) Any existing rights, remedies and obligations (including enforcement by the Regional Transportation 10400HB2963ham001 -161- LRB104 12004 RTM 23609 a Authority) arising under any tax imposed under paragraph (b), (c), or (d) of this Section shall not be affected by the imposition of a tax under paragraph (e), (f), or (g) of this Section.
(a) With respect to taxes imposed by the Authority under Section 4.03, after withholding 15% of 80% of the receipts from those taxes collected in Cook County at a rate of 1.25%, 15% of 75% of the receipts from those taxes collected in Cook County at the rate of 1%, 15% of one-half of the receipts from those taxes collected in DuPage, Kane, Lake, McHenry, and Will Counties, and 15% of money received by the Authority from the HB2963 - 160 - LRB104 12004 RTM 22099 b Regional Transportation Authority Occupation and Use Tax Replacement Fund or from the Regional Transportation Authority tax fund created in Section 4.03(n), the Board shall allocate the proceeds and money remaining to the Service Boards as follows:
(a) With respect to taxes imposed by the Authority under Section 4.03, after withholding 15% of 80% of the receipts from those taxes collected in Cook County at a rate of 1.25%, 15% of 75% of the receipts from those taxes collected in Cook County at the rate of 1%, 15% of one-half of the receipts from 10400HB2963ham001 -162- LRB104 12004 RTM 23609 a those taxes collected in DuPage, Kane, Lake, McHenry, and Will Counties, and 15% of money received by the Authority from the Regional Transportation Authority Occupation and Use Tax Replacement Fund or from the Regional Transportation Authority tax fund created in Section 4.03(n), the Board shall allocate the proceeds and money remaining to the Service Boards as follows:
(2) an amount equal to (i) 85% of 80% of the receipts from those taxes collected within Cook County outside of the City of Chicago at a rate of 1.25%, (ii) 85% of 75% of the receipts from those taxes collected within Cook County outside the City of Chicago at a rate of 1%, and (iii) 85% of the money received by the Authority on account of transfers to the Regional Transportation Authority Occupation and Use Tax Replacement Fund or to the Regional Transportation Authority tax fund created in Section HB2963 - 161 - LRB104 12004 RTM 22099 b 4.03(n) from the County and Mass Transit District Fund attributable to retail sales within Cook County outside of the City of Chicago shall be allocated 30% to the Chicago Transit Authority, 55% to the Commuter Rail Board, and 15% to the Suburban Bus Board;
(2) an amount equal to (i) 85% of 80% of the receipts from those taxes collected within Cook County outside of the City of Chicago at a rate of 1.25%, (ii) 85% of 75% of the receipts from those taxes collected within Cook County outside the City of Chicago at a rate of 1%, and (iii) 85% of the money received by the Authority on account of transfers to the Regional Transportation Authority 10400HB2963ham001 -163- LRB104 12004 RTM 23609 a Occupation and Use Tax Replacement Fund or to the Regional Transportation Authority tax fund created in Section 4.03(n) from the County and Mass Transit District Fund attributable to retail sales within Cook County outside of the City of Chicago shall be allocated 30% to the Chicago Transit Authority, 55% to the Commuter Rail Board, and 15% to the Suburban Bus Board;
The term "distribution ratio" means, for purposes of this subsection (b), the ratio of the total amount distributed to a Service Board pursuant to subsection (a) of Section 4.03.3 for the immediately preceding calendar year to the total amount distributed to all of the Service Boards pursuant to subsection (a) of Section 4.03.3 for the immediately preceding HB2963 - 162 - LRB104 12004 RTM 22099 b calendar year.
The term "distribution ratio" means, for purposes of this subsection (b), the ratio of the total amount distributed to a Service Board pursuant to subsection (a) of Section 4.03.3 for the immediately preceding calendar year to the total amount 10400HB2963ham001 -164- LRB104 12004 RTM 23609 a distributed to all of the Service Boards pursuant to subsection (a) of Section 4.03.3 for the immediately preceding calendar year.
(e) With respect to those taxes collected in DuPage, Kane, Lake, McHenry, and Will Counties and paid directly to the counties under Section 4.03, the County Board of each county shall use those amounts to fund operating and capital costs of public safety and public transportation services or facilities or to fund operating, capital, right-of-way, construction, and HB2963 - 163 - LRB104 12004 RTM 22099 b maintenance costs of other transportation purposes, including road, bridge, public safety, and transit purposes intended to improve mobility or reduce congestion in the county.
(e) With respect to those taxes collected in DuPage, Kane, Lake, McHenry, and Will Counties and paid directly to the counties under Section 4.03, the County Board of each county shall use those amounts to fund operating and capital costs of 10400HB2963ham001 -165- LRB104 12004 RTM 23609 a public safety and public transportation services or facilities or to fund operating, capital, right-of-way, construction, and maintenance costs of other transportation purposes, including road, bridge, public safety, and transit purposes intended to improve mobility or reduce congestion in the county.
(h) Moneys may be appropriated from the Public Transportation Fund to the Office of the Executive Inspector General for the costs incurred by the Executive Inspector General while serving as the inspector general for the HB2963 - 164 - LRB104 12004 RTM 22099 b Authority and each of the Service Boards.
(h) Moneys may be appropriated from the Public Transportation Fund to the Office of the Executive Inspector 10400HB2963ham001 -166- LRB104 12004 RTM 23609 a General for the costs incurred by the Executive Inspector General while serving as the inspector general for the Authority and each of the Service Boards.
to pay other expenses of the Authority or a Service Board incident to or incurred in connection with such construction or acquisition;
to pay other expenses of the Authority or a Service Board incident to or incurred in connection with such 10400HB2963ham001 -167- LRB104 12004 RTM 23609 a construction or acquisition;
to provide funds for any transportation agency to pay principal of or interest or HB2963 - 165 - LRB104 12004 RTM 22099 b redemption premium on any bonds or notes, whether as such amounts become due or by earlier redemption, issued prior to the date of this amendatory Act by such transportation agency to construct or acquire public transportation facilities or to provide funds to purchase such bonds or notes;
to provide funds for any transportation agency to pay principal of or interest or redemption premium on any bonds or notes, whether as such amounts become due or by earlier redemption, issued prior to the date of this amendatory Act by such transportation agency to construct or acquire public transportation facilities or to provide funds to purchase such bonds or notes;
Proceeds of Working Cash Notes may be used to pay day to day operating expenses of the Authority or the Service Boards, consisting of wages, salaries, and fringe benefits, professional and technical services (including legal, audit, engineering, and other consulting services), office rental, furniture, fixtures HB2963 - 166 - LRB104 12004 RTM 22099 b and equipment, insurance premiums, claims for self-insured amounts under insurance policies, public utility obligations for telephone, light, heat and similar items, travel expenses, office supplies, postage, dues, subscriptions, public hearings and information expenses, fuel purchases, and payments of grants and payments under purchase of service agreements for operations of transportation agencies, prior to the receipt by the Authority or a Service Board from time to time of funds for paying such expenses.
Proceeds of Working Cash Notes may be used to pay day to day operating expenses of the Authority or the Service Boards, consisting of wages, salaries, and fringe benefits, professional and 10400HB2963ham001 -168- LRB104 12004 RTM 23609 a technical services (including legal, audit, engineering, and other consulting services), office rental, furniture, fixtures and equipment, insurance premiums, claims for self-insured amounts under insurance policies, public utility obligations for telephone, light, heat and similar items, travel expenses, office supplies, postage, dues, subscriptions, public hearings and information expenses, fuel purchases, and payments of grants and payments under purchase of service agreements for operations of transportation agencies, prior to the receipt by the Authority or a Service Board from time to time of funds for paying such expenses.
The Authority shall, after deducting any costs of issuance, tender the net proceeds of any Working Cash Notes issued at the demand and direction of a Service Board to such Service Board as soon as HB2963 - 167 - LRB104 12004 RTM 22099 b may be practicable after the proceeds are received.
The Authority shall, after deducting any costs of issuance, tender the net 10400HB2963ham001 -169- LRB104 12004 RTM 23609 a proceeds of any Working Cash Notes issued at the demand and direction of a Service Board to such Service Board as soon as may be practicable after the proceeds are received.
(b) The ordinance providing for the issuance of any such bonds or notes shall fix the date or dates of maturity, the dates on which interest is payable, any sinking fund account or reserve fund account provisions and all other details of such bonds or notes and may provide for such covenants or agreements necessary or desirable with regard to the issue, sale and security of such bonds or notes.
(b) The ordinance providing for the issuance of any such bonds or notes shall fix the date or dates of maturity, the dates on which interest is payable, any sinking fund account or reserve fund account provisions and all other details of such bonds or notes and may provide for such covenants or agreements necessary or desirable with regard to the issue, 10400HB2963ham001 -170- LRB104 12004 RTM 23609 a sale and security of such bonds or notes.
The rate or rates of interest on its bonds or notes may be fixed or variable and the HB2963 - 168 - LRB104 12004 RTM 22099 b Authority shall determine or provide for the determination of the rate or rates of interest of its bonds or notes issued under this Act in an ordinance adopted by the Authority prior to the issuance thereof, none of which rates of interest shall exceed that permitted in the Bond Authorization Act.
The rate or rates of interest on its bonds or notes may be fixed or variable and the Authority shall determine or provide for the determination of the rate or rates of interest of its bonds or notes issued under this Act in an ordinance adopted by the Authority prior to the issuance thereof, none of which rates of interest shall exceed that permitted in the Bond Authorization Act.
Bonds and notes issued under this Section may be issued as serial or term obligations, shall be of such denomination or denominations and form, including interest coupons to be attached thereto, be executed in such manner, shall be payable at such place or places and bear such date as the Authority shall fix by the ordinance authorizing such bond or note and shall mature at such time or times, within a period not to exceed forty years from the date of issue, and may be redeemable prior to maturity with or without premium, at the option of the Authority, upon such terms and conditions as the Authority shall fix by the ordinance authorizing the issuance of such bonds or notes.
Bonds and notes issued under this Section may be issued as serial or term obligations, shall be of such denomination or denominations and form, including interest coupons to be attached thereto, be executed in such manner, shall be payable at such place or places and bear such date as the Authority shall fix by the ordinance authorizing such bond or note and shall mature at such time or times, within a period not to exceed 40 forty years from the date of issue, and may be redeemable prior to maturity with or without premium, at the option of the Authority, upon such terms and conditions as the Authority shall fix by the ordinance authorizing the issuance of such bonds or notes.
The ordinance authorizing bonds or notes may provide for the exchange of such bonds or notes which are fully registered, as to both principal and interest, HB2963 - 169 - LRB104 12004 RTM 22099 b with bonds or notes which are registerable as to principal only.
The ordinance authorizing bonds 10400HB2963ham001 -171- LRB104 12004 RTM 23609 a or notes may provide for the exchange of such bonds or notes which are fully registered, as to both principal and interest, with bonds or notes which are registerable as to principal only.
Notwithstanding any other provisions of this Section, Working Cash Notes or bonds or notes to provide funds for self-insurance or a joint self-insurance pool or entity HB2963 - 170 - LRB104 12004 RTM 22099 b may be sold either upon competitive bidding or by negotiated sale (without any requirement of publication of intention to negotiate the sale of such Notes), as the Board shall determine by ordinance adopted with the affirmative votes of at least 9 Directors, prior to February 1, 2026, and by the affirmative vote of a simple majority of Directors, beginning February 1, 2026.
Notwithstanding any other provisions of this 10400HB2963ham001 -172- LRB104 12004 RTM 23609 a Section, Working Cash Notes or bonds or notes to provide funds for self-insurance or a joint self-insurance pool or entity may be sold either upon competitive bidding or by negotiated sale (without any requirement of publication of intention to negotiate the sale of such Notes), as the Board shall determine by ordinance adopted with the affirmative votes of at least 9 Directors, prior to February 1, 2026, and by the affirmative vote of a simple majority of Directors, beginning February 1, 2026.
Such bonds or notes shall be secured as provided in the authorizing ordinance, which may, notwithstanding any other provision of this Act, include in addition to any other security, a specific pledge or assignment of and lien on or security interest in any or all tax receipts of the Authority and on any or all other revenues or moneys of the Authority from whatever source, which may by law be utilized for debt service purposes and a specific HB2963 - 171 - LRB104 12004 RTM 22099 b pledge or assignment of and lien on or security interest in any funds or accounts established or provided for by the ordinance of the Authority authorizing the issuance of such bonds or notes.
Such bonds or notes shall be secured as provided in the authorizing ordinance, which may, notwithstanding any other provision of this Act, include in addition to any other security, a specific pledge or assignment of and lien on or security interest in any or all tax receipts of the Authority and on any or all other revenues 10400HB2963ham001 -173- LRB104 12004 RTM 23609 a or moneys of the Authority from whatever source, which may by law be utilized for debt service purposes and a specific pledge or assignment of and lien on or security interest in any funds or accounts established or provided for by the ordinance of the Authority authorizing the issuance of such bonds or notes.
The ordinance authorizing the issuance of any bonds or notes pursuant to this Section may contain provisions as part of the contract with the holders of the bonds or notes, for the creation of a separate fund to provide for the payment of principal and interest on such bonds or notes and for the deposit in such fund from any or all the tax receipts of the Authority and from any or all such other moneys or revenues of the Authority from whatever source which may by HB2963 - 172 - LRB104 12004 RTM 22099 b law be utilized for debt service purposes, all as provided in such ordinance, of amounts to meet the debt service requirements on such bonds or notes, including principal and interest, and any sinking fund or reserve fund account requirements as may be provided by such ordinance, and all expenses incident to or in connection with such fund and accounts or the payment of such bonds or notes.
The ordinance authorizing the issuance of any bonds or notes pursuant to this Section may contain provisions as part of the contract with the holders of the bonds or notes, for the creation of a separate fund to provide for the payment of principal and interest on such bonds or notes and for the deposit in such fund from any or all the tax 10400HB2963ham001 -174- LRB104 12004 RTM 23609 a receipts of the Authority and from any or all such other moneys or revenues of the Authority from whatever source which may by law be utilized for debt service purposes, all as provided in such ordinance, of amounts to meet the debt service requirements on such bonds or notes, including principal and interest, and any sinking fund or reserve fund account requirements as may be provided by such ordinance, and all expenses incident to or in connection with such fund and accounts or the payment of such bonds or notes.
The ordinance may provide for the assignment and direct payment to the trustee of any or all amounts produced from the sources provided in Section 4.03 and HB2963 - 173 - LRB104 12004 RTM 22099 b Section 4.09 of this Act and provided in Section 6z-17 of the State Finance Act.
The ordinance may provide for the 10400HB2963ham001 -175- LRB104 12004 RTM 23609 a assignment and direct payment to the trustee of any or all amounts produced from the sources provided in Section 4.03 and Section 4.09 of this Act and provided in Section 6z-17 of the State Finance Act.
It may also so covenant that it shall impose and continue to impose taxes, as provided in Section 4.03 of this Act and in addition thereto as subsequently authorized by law, sufficient to make such deposits and pay the principal and interest and to meet HB2963 - 174 - LRB104 12004 RTM 22099 b other debt service requirements of such bonds or notes as they become due.
It may also so covenant that it shall impose and continue to impose taxes, as provided in Section 4.03 of this Act and in addition 10400HB2963ham001 -176- LRB104 12004 RTM 23609 a thereto as subsequently authorized by law, sufficient to make such deposits and pay the principal and interest and to meet other debt service requirements of such bonds or notes as they become due.
(g)(1) Except as provided in subdivisions (g)(2) and (g)(3) of Section 4.04 of this Act, the Authority shall not at HB2963 - 175 - LRB104 12004 RTM 22099 b any time issue, sell or deliver any bonds or notes (other than Working Cash Notes and lines of credit) pursuant to this Section 4.04 which will cause it to have issued and outstanding at any time in excess of $800,000,000 of such bonds and notes (other than Working Cash Notes and lines of credit).
10400HB2963ham001 -177- LRB104 12004 RTM 23609 a (g)(1) Except as provided in subdivisions (g)(2) and (g)(3) of Section 4.04 of this Act, the Authority shall not at any time issue, sell or deliver any bonds or notes (other than Working Cash Notes and lines of credit) pursuant to this Section 4.04 which will cause it to have issued and outstanding at any time in excess of $800,000,000 of such bonds and notes (other than Working Cash Notes and lines of credit).
(2) In addition to the authority provided by paragraphs (1) and (3), the Authority is authorized to issue, sell, and deliver bonds or notes for Strategic Capital Improvement Projects approved pursuant to Section 4.13 as follows:
(2) In addition to the authority provided by paragraphs (1) and (3), the Authority is authorized to issue, sell, and 10400HB2963ham001 -178- LRB104 12004 RTM 23609 a deliver bonds or notes for Strategic Capital Improvement Projects approved pursuant to Section 4.13 as follows:
HB2963 - 176 - LRB104 12004 RTM 22099 b $100,000,000 is authorized to be issued on or after January 1, 1990;
$100,000,000 is authorized to be issued on or after January 1, 1990;
(3) In addition to the authority provided by paragraphs (1) and (2), the Authority is authorized to issue, sell, and HB2963 - 177 - LRB104 12004 RTM 22099 b deliver bonds or notes for Strategic Capital Improvement Projects approved pursuant to Section 4.13 as follows:
10400HB2963ham001 -179- LRB104 12004 RTM 23609 a (3) In addition to the authority provided by paragraphs (1) and (2), the Authority is authorized to issue, sell, and deliver bonds or notes for Strategic Capital Improvement Projects approved pursuant to Section 4.13 as follows:
The Authority is also authorized to issue, sell, and deliver bonds or notes in such amounts as are necessary to provide for the refunding or advance refunding of bonds or notes issued for Strategic Capital Improvement projects under this subdivision (g)(3), provided that no such refunding bond or note shall mature later than the final maturity date of the series of bonds or notes being refunded, and provided further that the debt service requirements for such refunding bonds or notes in the current or any future fiscal year shall not exceed the debt service requirements for that year on the refunded HB2963 - 178 - LRB104 12004 RTM 22099 b bonds or notes.
The Authority is also authorized to issue, sell, and deliver bonds or notes in such amounts as are necessary to provide for the refunding or advance refunding of bonds or notes issued for Strategic Capital Improvement projects under this subdivision (g)(3), provided that no such refunding bond or note shall mature later than the final maturity date of the series of bonds or notes being refunded, and provided further that the debt service requirements for such refunding bonds or 10400HB2963ham001 -180- LRB104 12004 RTM 23609 a notes in the current or any future fiscal year shall not exceed the debt service requirements for that year on the refunded bonds or notes.
(2) in the second year after default, two-thirds of the total amount of any payments of State funds to the Authority;
(2) in the second year after default, two-thirds of the total amount of any payments of State funds to the 10400HB2963ham001 -181- LRB104 12004 RTM 23609 a Authority;
and (3) in the third year after default and for each year HB2963 - 179 - LRB104 12004 RTM 22099 b thereafter until the total invested amount is repaid, the total amount of any payments of State funds to the Authority.
and (3) in the third year after default and for each year thereafter until the total invested amount is repaid, the total amount of any payments of State funds to the Authority.
In addition, the ordinance may authorize the relevant officials to make partial repayments on the line of credit as the moneys become available and may contain any HB2963 - 180 - LRB104 12004 RTM 22099 b other terms, restrictions, or limitations desirable or necessary to give effect to this subsection (j).
In addition, the ordinance may authorize the 10400HB2963ham001 -182- LRB104 12004 RTM 23609 a relevant officials to make partial repayments on the line of credit as the moneys become available and may contain any other terms, restrictions, or limitations desirable or necessary to give effect to this subsection (j).
(a)(1) Except as otherwise provided in paragraph (4), as soon as possible after the first day of each month, beginning July 1, 1984, upon certification of the Department of Revenue, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to a special fund in the State Treasury to be known as the Public Transportation Fund an amount equal to 25% of the net revenue, before the deduction of the serviceman and retailer discounts pursuant to HB2963 - 181 - LRB104 12004 RTM 22099 b Section 9 of the Service Occupation Tax Act and Section 3 of the Retailers' Occupation Tax Act, realized from any tax imposed by the Authority pursuant to Sections 4.03 and 4.03.1 and 25% of the amounts deposited into the Regional Transportation Authority tax fund created by Section 4.03 of this Act, from the County and Mass Transit District Fund as provided in Section 6z-20 of the State Finance Act and 25% of the amounts deposited into the Regional Transportation Authority Occupation and Use Tax Replacement Fund from the State and Local Sales Tax Reform Fund as provided in Section 6z-17 of the State Finance Act.
(a)(1) Except as otherwise provided in paragraph (4), as soon as possible after the first day of each month, beginning July 1, 1984, upon certification of the Department of Revenue, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to a special fund in the State Treasury to be known as the Public Transportation 10400HB2963ham001 -183- LRB104 12004 RTM 23609 a Fund an amount equal to 25% of the net revenue, before the deduction of the serviceman and retailer discounts pursuant to Section 9 of the Service Occupation Tax Act and Section 3 of the Retailers' Occupation Tax Act, realized from any tax imposed by the Authority pursuant to Sections 4.03 and 4.03.1 and 25% of the amounts deposited into the Regional Transportation Authority tax fund created by Section 4.03 of this Act, from the County and Mass Transit District Fund as provided in Section 6z-20 of the State Finance Act and 25% of the amounts deposited into the Regional Transportation Authority Occupation and Use Tax Replacement Fund from the State and Local Sales Tax Reform Fund as provided in Section 6z-17 of the State Finance Act.
On the first day of the month following the date that the Department receives revenues from increased taxes under Section 4.03(m) as authorized by Public Act 95-708, in lieu of the transfers authorized in the preceding sentence, upon certification of the Department of Revenue, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Public Transportation Fund an amount equal to 25% of the net revenue, before the deduction of the serviceman and retailer discounts pursuant to Section 9 of the Service Occupation Tax Act and Section 3 of the Retailers' Occupation Tax Act, realized from (i) 80% of the proceeds of any tax imposed by the Authority at a rate of 1.25% in Cook County, (ii) 75% of the proceeds of any tax imposed by the Authority at the rate of 1% in Cook County, and (iii) one-third of the proceeds of any tax imposed by the Authority at the rate of 0.75% in the Counties HB2963 - 182 - LRB104 12004 RTM 22099 b of DuPage, Kane, Lake, McHenry, and Will, all pursuant to Section 4.03, and 25% of the net revenue realized from any tax imposed by the Authority pursuant to Section 4.03.1, and 25% of the amounts deposited into the Regional Transportation Authority tax fund created by Section 4.03 of this Act from the County and Mass Transit District Fund as provided in Section 6z-20 of the State Finance Act, and 25% of the amounts deposited into the Regional Transportation Authority Occupation and Use Tax Replacement Fund from the State and Local Sales Tax Reform Fund as provided in Section 6z-17 of the State Finance Act.
On the first day of the month following the date that the Department receives revenues from increased taxes under Section 4.03(m) as authorized by Public Act 95-708, in lieu of the transfers authorized in the preceding sentence, upon certification of the Department of Revenue, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Public Transportation Fund an amount equal to 25% of the net revenue, before the deduction of the serviceman and retailer discounts pursuant to Section 9 of the Service Occupation Tax Act and Section 3 of the Retailers' Occupation Tax Act, realized from (i) 80% of the proceeds of any tax imposed by the Authority at a rate of 1.25% in Cook County, (ii) 75% of the proceeds of any tax imposed by the Authority at the rate of 1% 10400HB2963ham001 -184- LRB104 12004 RTM 23609 a in Cook County, and (iii) one-third of the proceeds of any tax imposed by the Authority at the rate of 0.75% in the Counties of DuPage, Kane, Lake, McHenry, and Will, all pursuant to Section 4.03, and 25% of the net revenue realized from any tax imposed by the Authority pursuant to Section 4.03.1, and 25% of the amounts deposited into the Regional Transportation Authority tax fund created by Section 4.03 of this Act from the County and Mass Transit District Fund as provided in Section 6z-20 of the State Finance Act, and 25% of the amounts deposited into the Regional Transportation Authority Occupation and Use Tax Replacement Fund from the State and Local Sales Tax Reform Fund as provided in Section 6z-17 of the State Finance Act.
(2) Except as otherwise provided in paragraph (4), on February 1, 2009 (the first day of the month following the HB2963 - 183 - LRB104 12004 RTM 22099 b effective date of Public Act 95-708) and each month thereafter, upon certification by the Department of Revenue, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Public Transportation Fund an amount equal to 5% of the net revenue, before the deduction of the serviceman and retailer discounts pursuant to Section 9 of the Service Occupation Tax Act and Section 3 of the Retailers' Occupation Tax Act, realized from any tax imposed by the Authority pursuant to Sections 4.03 and 4.03.1 and certified by the Department of Revenue under Section 4.03(n) of this Act to be paid to the Authority and 5% of the amounts deposited into the Regional Transportation Authority tax fund created by Section 4.03 of this Act from the County and Mass Transit District Fund as provided in Section 6z-20 of the State Finance Act, and 5% of the amounts deposited into the Regional Transportation Authority Occupation and Use Tax Replacement Fund from the State and Local Sales Tax Reform Fund as provided in Section 6z-17 of the State Finance Act, and 5% of the revenue realized by the Chicago Transit Authority as financial assistance from the City of Chicago from the proceeds of any tax imposed by the City of Chicago under Section 8-3-19 of the Illinois Municipal Code.
10400HB2963ham001 -185- LRB104 12004 RTM 23609 a (2) Except as otherwise provided in paragraph (4), on February 1, 2009 (the first day of the month following the effective date of Public Act 95-708) and each month thereafter, upon certification by the Department of Revenue, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Public Transportation Fund an amount equal to 5% of the net revenue, before the deduction of the serviceman and retailer discounts pursuant to Section 9 of the Service Occupation Tax Act and Section 3 of the Retailers' Occupation Tax Act, realized from any tax imposed by the Authority pursuant to Sections 4.03 and 4.03.1 and certified by the Department of Revenue under Section 4.03(n) of this Act to be paid to the Authority and 5% of the amounts deposited into the Regional Transportation Authority tax fund created by Section 4.03 of this Act from the County and Mass Transit District Fund as provided in Section 6z-20 of the State Finance Act, and 5% of the amounts deposited into the Regional Transportation Authority Occupation and Use Tax Replacement Fund from the State and Local Sales Tax Reform Fund as provided in Section 6z-17 of the State Finance Act, and 5% of the revenue realized by the Chicago Transit Authority as financial assistance from the City of Chicago from the proceeds of any tax imposed by the City of Chicago under Section 8-3-19 of the Illinois Municipal Code.
Notwithstanding any provision of law to the contrary, beginning on July 6, 2017 (the effective date of Public Act 100-23), those amounts required under this paragraph (2) of subsection (a) to be transferred by the Treasurer into the HB2963 - 184 - LRB104 12004 RTM 22099 b Public Transportation Fund from the General Revenue Fund shall be directly deposited into the Public Transportation Fund as the revenues are realized from the taxes indicated.
Notwithstanding any provision of law to the contrary, beginning on July 6, 2017 (the effective date of Public Act 10400HB2963ham001 -186- LRB104 12004 RTM 23609 a 100-23), those amounts required under this paragraph (2) of subsection (a) to be transferred by the Treasurer into the Public Transportation Fund from the General Revenue Fund shall be directly deposited into the Public Transportation Fund as the revenues are realized from the taxes indicated.
(3) Except as otherwise provided in paragraph (4), as soon as possible after the first day of January, 2009 and each month thereafter, upon certification of the Department of Revenue with respect to the taxes collected under Section 4.03, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Public Transportation Fund an amount equal to 25% of the net revenue, before the deduction of the serviceman and retailer discounts pursuant to Section 9 of the Service Occupation Tax Act and Section 3 of the Retailers' Occupation Tax Act, realized from (i) 20% of the proceeds of any tax imposed by the Authority at a rate of 1.25% in Cook County, (ii) 25% of the proceeds of any tax imposed by the Authority at the rate of 1% in Cook County, and (iii) one-third of the proceeds of any tax imposed by the Authority at the rate of 0.75% in the Counties of DuPage, Kane, Lake, McHenry, and Will, all pursuant to Section 4.03, and the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Public Transportation Fund (iv) an amount equal to 25% of the revenue realized by the Chicago Transit Authority as financial assistance from the City of Chicago from the proceeds of any tax imposed by the City of Chicago under Section 8-3-19 of the Illinois Municipal Code.
(3) Except as otherwise provided in paragraph (4), as soon as possible after the first day of January, 2009 and each month thereafter, upon certification of the Department of Revenue with respect to the taxes collected under Section 4.03, the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Public Transportation Fund an amount equal to 25% of the net revenue, before the deduction of the serviceman and retailer discounts pursuant to Section 9 of the Service Occupation Tax Act and Section 3 of the Retailers' Occupation Tax Act, realized from (i) 20% of the proceeds of any tax imposed by the Authority at a rate of 1.25% in Cook County, (ii) 25% of the proceeds of any tax imposed by the Authority at the rate of 1% in Cook County, and (iii) one-third of the proceeds of any tax imposed by the Authority at the rate of 0.75% in the Counties of DuPage, Kane, Lake, McHenry, and Will, all pursuant to Section 4.03, and the Comptroller shall order transferred and the Treasurer shall transfer from the General Revenue Fund to the Public Transportation Fund (iv) an amount equal to 25% of the revenue realized by the Chicago Transit Authority as financial assistance from the City of Chicago from the proceeds of any 10400HB2963ham001 -187- LRB104 12004 RTM 23609 a tax imposed by the City of Chicago under Section 8-3-19 of the Illinois Municipal Code.
HB2963 - 185 - LRB104 12004 RTM 22099 b Notwithstanding any provision of law to the contrary, beginning on July 6, 2017 (the effective date of Public Act 100-23), those amounts required under this paragraph (3) of subsection (a) to be transferred by the Treasurer into the Public Transportation Fund from the General Revenue Fund shall be directly deposited into the Public Transportation Fund as the revenues are realized from the taxes indicated.
Notwithstanding any provision of law to the contrary, beginning on July 6, 2017 (the effective date of Public Act 100-23), those amounts required under this paragraph (3) of subsection (a) to be transferred by the Treasurer into the Public Transportation Fund from the General Revenue Fund shall be directly deposited into the Public Transportation Fund as the revenues are realized from the taxes indicated.
The funds authorized and transferred pursuant to this amendatory Act of the 103rd General Assembly are not intended or planned for road construction projects.
The funds authorized and transferred pursuant to this amendatory Act of 10400HB2963ham001 -188- LRB104 12004 RTM 23609 a the 103rd General Assembly are not intended or planned for road construction projects.
For the State fiscal year HB2963 - 186 - LRB104 12004 RTM 22099 b beginning July 1, 2024, only, the next $50,000,000 that would have otherwise been transferred from the General Revenue Fund and deposited into the Public Transportation Fund as provided in paragraphs (1), (2), and (3) of this subsection (a) shall instead be transferred from the Underground Storage Tank Fund and deposited into the Public Transportation Fund by the Treasurer upon certification by the Department of Revenue and order of the Comptroller.
For the State fiscal year beginning July 1, 2024, only, the next $50,000,000 that would have otherwise been transferred from the General Revenue Fund and deposited into the Public Transportation Fund as provided in paragraphs (1), (2), and (3) of this subsection (a) shall instead be transferred from the Underground Storage Tank Fund and deposited into the Public Transportation Fund by the Treasurer upon certification by the Department of Revenue and order of the Comptroller.
(b)(1) All moneys deposited in the Public Transportation Fund and the Regional Transportation Authority Occupation and Use Tax Replacement Fund, whether deposited pursuant to this Section or otherwise, are allocated to the Authority, except for amounts appropriated to the Office of the Executive Inspector General as authorized by subsection (h) of Section HB2963 - 187 - LRB104 12004 RTM 22099 b 4.03.3 and amounts transferred to the Audit Expense Fund pursuant to Section 6z-27 of the State Finance Act.
(b)(1) All moneys deposited in the Public Transportation Fund and the Regional Transportation Authority Occupation and Use Tax Replacement Fund, whether deposited pursuant to this Section or otherwise, are allocated to the Authority, except 10400HB2963ham001 -189- LRB104 12004 RTM 23609 a for amounts appropriated to the Office of the Executive Inspector General as authorized by subsection (h) of Section 4.03.3 and amounts transferred to the Audit Expense Fund pursuant to Section 6z-27 of the State Finance Act.
The provisions directing the distributions from the Public Transportation Fund and the Regional Transportation Authority Occupation and Use Tax Replacement Fund provided for in this Section shall constitute an irrevocable and continuing appropriation of all amounts as provided herein.
The provisions directing the distributions from the Public Transportation Fund and the Regional Transportation Authority Occupation and Use Tax Replacement Fund provided for in this Section shall constitute an irrevocable and continuing 10400HB2963ham001 -190- LRB104 12004 RTM 23609 a appropriation of all amounts as provided herein.
The State Treasurer and State Comptroller are hereby authorized and HB2963 - 188 - LRB104 12004 RTM 22099 b directed to make distributions as provided in this Section.
The State Treasurer and State Comptroller are hereby authorized and directed to make distributions as provided in this Section.
1997 $50,000,000;
10400HB2963ham001 -191- LRB104 12004 RTM 23609 a 1997 $50,000,000;
and HB2963 - 189 - LRB104 12004 RTM 22099 b each year thereafter $55,000,000.
and each year thereafter $55,000,000.
(1) The amount necessary and required, during the State fiscal year with respect to which the certification is made, to pay its obligations for debt service on all outstanding bonds or notes issued by the Authority under HB2963 - 190 - LRB104 12004 RTM 22099 b subdivisions (g)(2) and (g)(3) of Section 4.04 of this Act.
(1) The amount necessary and required, during the State fiscal year with respect to which the certification 10400HB2963ham001 -192- LRB104 12004 RTM 23609 a is made, to pay its obligations for debt service on all outstanding bonds or notes issued by the Authority under subdivisions (g)(2) and (g)(3) of Section 4.04 of this Act.
Immediately upon the issuance of bonds for which an estimated schedule of debt service payments was prepared, the Authority shall file an amended certification with respect to HB2963 - 191 - LRB104 12004 RTM 22099 b item (2) above, to specify the actual schedule of debt service payments, including the date and amount of each payment, for the remainder of the State fiscal year.
Immediately upon the issuance of bonds for which an 10400HB2963ham001 -193- LRB104 12004 RTM 23609 a estimated schedule of debt service payments was prepared, the Authority shall file an amended certification with respect to item (2) above, to specify the actual schedule of debt service payments, including the date and amount of each payment, for the remainder of the State fiscal year.
(A) In no event shall the total transfers in any State fiscal year relating to outstanding bonds and notes issued by the Authority under subdivision (g)(2) of Section 4.04 HB2963 - 192 - LRB104 12004 RTM 22099 b exceed the lesser of the annual maximum amount specified in subsection (c) or the sum of the amounts certified under items (1) and (3) above, plus the actual debt service certified under item (2) above, less the amount certified under item (4) above, with respect to those bonds and notes.
(A) In no event shall the total transfers in any State 10400HB2963ham001 -194- LRB104 12004 RTM 23609 a fiscal year relating to outstanding bonds and notes issued by the Authority under subdivision (g)(2) of Section 4.04 exceed the lesser of the annual maximum amount specified in subsection (c) or the sum of the amounts certified under items (1) and (3) above, plus the actual debt service certified under item (2) above, less the amount certified under item (4) above, with respect to those bonds and notes.
The Authority may not assign its right to receive Additional State Assistance or Additional Financial Assistance, or direct payment of Additional State Assistance or Additional Financial Assistance, to a trustee or any other entity for the payment of HB2963 - 193 - LRB104 12004 RTM 22099 b debt service on its bonds.
The Authority may not assign its right to receive Additional State Assistance or Additional Financial Assistance, or direct payment of 10400HB2963ham001 -195- LRB104 12004 RTM 23609 a Additional State Assistance or Additional Financial Assistance, to a trustee or any other entity for the payment of debt service on its bonds.
For fiscal years 2028 and 2029 and every year thereafter, the Authority shall determine if all system generated revenues for public transportation in the metropolitan region that is provided by, or under grant or purchase of service contracts with, the Service Boards equals 15% of the aggregate of all costs of providing such HB2963 - 194 - LRB104 12004 RTM 22099 b public transportation.
For fiscal years 2028 and 2029 and every year thereafter, the Authority shall determine if all system generated revenues for public transportation in the metropolitan region that is provided by, or under grant or 10400HB2963ham001 -196- LRB104 12004 RTM 23609 a purchase of service contracts with, the Service Boards equals 15% of the aggregate of all costs of providing such public transportation.
"Costs" include all items properly included as operating costs consistent with generally accepted accounting principles, including administrative costs, but do not include:
"Costs" include all items properly included as operating costs consistent with generally accepted accounting principles, including administrative costs, but do not 10400HB2963ham001 -197- LRB104 12004 RTM 23609 a include:
payment of principal and interest on bonds, notes or other evidences of obligations for HB2963 - 195 - LRB104 12004 RTM 22099 b borrowed money of the Authority;
payment of principal and interest on bonds, notes or other evidences of obligations for borrowed money of the Authority;
or, beginning with the 2007 fiscal year, expenses related to providing ADA paratransit service pursuant to Section 2.30 of the Regional Transportation Authority Act;
or, beginning with the 2007 fiscal year, expenses 10400HB2963ham001 -198- LRB104 12004 RTM 23609 a related to providing ADA paratransit service pursuant to Section 2.30 of the Regional Transportation Authority Act;
HB2963 - 196 - LRB104 12004 RTM 22099 b or in fiscal years 2008 through 2012 inclusive, costs in the amount of $200,000,000 in fiscal year 2008, reducing by $40,000,000 in each fiscal year thereafter until this exemption is eliminated;
or in fiscal years 2008 through 2012 inclusive, costs in the amount of $200,000,000 in fiscal year 2008, reducing by $40,000,000 in each fiscal year thereafter until this exemption is eliminated;
(h) If the Authority makes any payment to the State under paragraph (g), the Authority shall reduce the amount provided to a Service Board from funds transferred under paragraph (a) in proportion to the amount by which that Service Board failed to meet its required system generated revenues recovery ratio.
(h) If the Authority makes any payment to the State under paragraph (g), the Authority shall reduce the amount provided to a Service Board from funds transferred under paragraph (a) 10400HB2963ham001 -199- LRB104 12004 RTM 23609 a in proportion to the amount by which that Service Board failed to meet its required system generated revenues recovery ratio.
HB2963 - 197 - LRB104 12004 RTM 22099 b A Service Board which is affected by a reduction in funds under this paragraph shall submit to the Authority concurrently with its next due quarterly report a revised budget incorporating the reduction in funds.
A Service Board which is affected by a reduction in funds under this paragraph shall submit to the Authority concurrently with its next due quarterly report a revised budget incorporating the reduction in funds.
(a) Based upon estimates which shall be given to the Authority by the Director of the Governor's Office of Management and Budget (formerly Bureau of the Budget) of the receipts to be received by the Authority from the taxes imposed by the Authority and the authorized estimates of amounts to be available from State and other sources to the Service Boards, and the times at which such receipts and amounts will be available, the Board shall, not later than the next preceding September 15th prior to the beginning of the Authority's next fiscal year, advise each Service Board of the amounts estimated by the Board to be available for such Service Board during such fiscal year and the two following fiscal years and the times at which such amounts will be available.
(a) Based upon estimates which shall be given to the Authority by the Director of the Governor's Office of Management and Budget (formerly Bureau of the Budget) of the receipts to be received by the Authority from the taxes imposed by the Authority and the authorized estimates of amounts to be available from State and other sources to the Service Boards, and the times at which such receipts and amounts will be available, the Board shall, not later than the next preceding September 15th prior to the beginning of the Authority's next fiscal year, advise each Service Board of the amounts estimated by the Board to be available for such Service Board during such fiscal year and the two following 10400HB2963ham001 -200- LRB104 12004 RTM 23609 a fiscal years and the times at which such amounts will be available.
The Board shall, at the same time, also advise each HB2963 - 198 - LRB104 12004 RTM 22099 b Service Board of its required system generated revenues recovery ratio for the next fiscal year which shall be the percentage of the aggregate costs of providing public transportation by or under jurisdiction of that Service Board which must be recovered from system generated revenues.
The Board shall, at the same time, also advise each Service Board of its required system generated revenues recovery ratio for the next fiscal year which shall be the percentage of the aggregate costs of providing public transportation by or under jurisdiction of that Service Board which must be recovered from system generated revenues.
In determining a Service Board's system generated revenue recovery ratio, the Board shall consider the historical system generated revenues recovery HB2963 - 199 - LRB104 12004 RTM 22099 b ratio for the services subject to the jurisdiction of that Service Board.
In determining a Service Board's 10400HB2963ham001 -201- LRB104 12004 RTM 23609 a system generated revenue recovery ratio, the Board shall consider the historical system generated revenues recovery ratio for the services subject to the jurisdiction of that Service Board.
(b)(1) Not later than the next preceding November 15 prior to the commencement of such fiscal year, each Service Board shall submit to the Authority its proposed budget for such fiscal year and its proposed financial plan for the two following fiscal years.
(b)(1) Not later than the next preceding November 15 prior to the commencement of such fiscal year, each Service Board shall submit to the Authority its proposed budget for such 10400HB2963ham001 -202- LRB104 12004 RTM 23609 a fiscal year and its proposed financial plan for the two following fiscal years.
Such budget and financial plan shall HB2963 - 200 - LRB104 12004 RTM 22099 b (i) be prepared in the format, follow the financial and budgetary practices, and be based on any assumptions and projections required by the Authority and (ii) not project or assume a receipt of revenues from the Authority in amounts greater than those set forth in the estimates provided by the Authority pursuant to subsection (a) of this Section.
Such budget and financial plan shall (i) be prepared in the format, follow the financial and budgetary practices, and be based on any assumptions and projections required by the Authority and (ii) not project or assume a receipt of revenues from the Authority in amounts greater than those set forth in the estimates provided by the Authority pursuant to subsection (a) of this Section.
(iii) such budget and plan provide for a level of fares or charges and operating or administrative costs for the public transportation provided by or subject to the jurisdiction of such Service Board sufficient to allow the Service Board to meet its required system generated HB2963 - 201 - LRB104 12004 RTM 22099 b revenue recovery ratio and, beginning with the 2007 fiscal year, system generated ADA paratransit services revenue recovery ratio;
(iii) such budget and plan provide for a level of fares or charges and operating or administrative costs for the public transportation provided by or subject to the 10400HB2963ham001 -203- LRB104 12004 RTM 23609 a jurisdiction of such Service Board sufficient to allow the Service Board to meet its required system generated revenue recovery ratio and, beginning with the 2007 fiscal year, system generated ADA paratransit services revenue recovery ratio;
(4) Unless the Board by an affirmative vote of 12 of the then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of it then Directors, beginning February 1, 2026, determines that the budget and financial plan of a Service Board meets the criteria specified in clauses (i) through (vii) of subparagraph (2) of this paragraph (b), the Board shall withhold from that Service Board 25% of the cash proceeds of taxes imposed by the Authority under Section 4.03 and Section 4.03.1 and received after February 1 and 25% of the amounts transferred to the HB2963 - 202 - LRB104 12004 RTM 22099 b Authority from the Public Transportation Fund under Section 4.09(a) (but not including Section 4.09(a)(3)(iv)) after February 1 that the Board has estimated to be available to that Service Board under Section 4.11(a).
(4) Unless the Board by an affirmative vote of 12 of the then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of the then Directors, beginning February 1, 2026, determines that the budget and financial plan of a Service Board meets the criteria specified in clauses (i) through (vii) of subparagraph (2) of this paragraph (b), the Board shall withhold from that Service Board 25% of the cash proceeds of taxes imposed by the 10400HB2963ham001 -204- LRB104 12004 RTM 23609 a Authority under Section 4.03 and Section 4.03.1 and received after February 1 and 25% of the amounts transferred to the Authority from the Public Transportation Fund under Section 4.09(a) (but not including Section 4.09(a)(3)(iv)) after February 1 that the Board has estimated to be available to that Service Board under Section 4.11(a).
(5) If the Board has not found that the budget and financial plan of a Service Board meets the criteria specified in clauses (i) through (vii) of subparagraph (2) of this paragraph (b), the Board, by the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of it then Directors, beginning February 1, 2026, shall adopt a budget and financial plan meeting such criteria for that Service Board.
(5) If the Board has not found that the budget and financial plan of a Service Board meets the criteria specified in clauses (i) through (vii) of subparagraph (2) of this paragraph (b), the Board, by the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of the then Directors, beginning February 1, 2026, shall adopt a budget and financial plan meeting such criteria for that Service Board.
(c)(1) If the Board shall at any time have received a revised estimate, or revises any estimate the Board has made, pursuant to this Section of the receipts to be collected by the Authority which, in the judgment of the Board, requires a change in the estimates on which the budget of any Service Board is based, the Board shall advise the affected Service Board of such revised estimates, and such Service Board shall within 30 days after receipt of such advice submit a revised budget incorporating such revised estimates.
(c)(1) If the Board shall at any time have received a revised estimate, or revises any estimate the Board has made, pursuant to this Section of the receipts to be collected by the Authority which, in the judgment of the Board, requires a change in the estimates on which the budget of any Service Board is based, the Board shall advise the affected Service Board of such revised estimates, and such Service Board shall within 30 days after receipt of such advice submit a revised 10400HB2963ham001 -205- LRB104 12004 RTM 23609 a budget incorporating such revised estimates.
If the revised estimates require, in the judgment of the Board, that the HB2963 - 203 - LRB104 12004 RTM 22099 b system generated revenues recovery ratio of one or more Service Boards be revised in order to allow the Authority to meet its required ratio, the Board shall advise any such Service Board of its revised ratio and such Service Board shall within 30 days after receipt of such advice submit a revised budget incorporating such revised estimates or ratio.
If the revised estimates require, in the judgment of the Board, that the system generated revenues recovery ratio of one or more Service Boards be revised in order to allow the Authority to meet its required ratio, the Board shall advise any such Service Board of its revised ratio and such Service Board shall within 30 days after receipt of such advice submit a revised budget incorporating such revised estimates or ratio.
(3) If the Board shall determine that a revised budget submitted by a Service Board pursuant to subparagraph (1) or (2) of this paragraph (c) does not meet the criteria specified in clauses (i) through (vii) of subparagraph (2) of paragraph (b) of this Section, the Board shall withhold from that Service Board 25% of the cash proceeds of taxes imposed by the Authority under Section 4.03 or 4.03.1 and received by the Authority after February 1 and 25% of the amounts transferred to the Authority from the Public Transportation Fund under HB2963 - 204 - LRB104 12004 RTM 22099 b Section 4.09(a) (but not including Section 4.09(a)(3)(iv)) after February 1 that the Board has estimated to be available to that Service Board under Section 4.11(a).
(3) If the Board shall determine that a revised budget submitted by a Service Board pursuant to subparagraph (1) or (2) of this paragraph (c) does not meet the criteria specified in clauses (i) through (vii) of subparagraph (2) of paragraph (b) of this Section, the Board shall withhold from that Service Board 25% of the cash proceeds of taxes imposed by the Authority under Section 4.03 or 4.03.1 and received by the 10400HB2963ham001 -206- LRB104 12004 RTM 23609 a Authority after February 1 and 25% of the amounts transferred to the Authority from the Public Transportation Fund under Section 4.09(a) (but not including Section 4.09(a)(3)(iv)) after February 1 that the Board has estimated to be available to that Service Board under Section 4.11(a).
The Board by the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then Directors, beginning February 1, 2026, may require a Service Board to submit a revised financial plan and budget which shows that the criteria will be met in a time period less than four quarters.
The Board by the affirmative vote of at least 12 of its then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of its then Directors, beginning February 1, 2026, may require a Service Board to submit a revised financial plan and budget which shows that the criteria will be met in a time period less than 4 four quarters.
(d) All budgets and financial plans, financial statements, audits and other information presented to the Authority pursuant to this Section or which may be required by the Board to permit it to monitor compliance with the provisions of this Section shall be prepared and presented in such manner and frequency and in such detail as shall have been prescribed by the Board, shall be prepared on both an accrual and cash flow basis as specified by the Board, shall present such information as the Authority shall prescribe that fairly presents the condition of any pension plan or trust for health care benefits with respect to retirees established by the Service Board and describes the plans of the Service Board to meet the requirements of Sections 4.02a and 4.02b, and shall HB2963 - 205 - LRB104 12004 RTM 22099 b identify and describe the assumptions and projections employed in the preparation thereof to the extent required by the Board.
(d) All budgets and financial plans, financial statements, audits and other information presented to the Authority pursuant to this Section or which may be required by the Board to permit it to monitor compliance with the provisions of this Section shall be prepared and presented in such manner and frequency and in such detail as shall have been prescribed by the Board, shall be prepared on both an accrual and cash flow basis as specified by the Board, shall present such information as the Authority shall prescribe that fairly presents the condition of any pension plan or trust for health care benefits with respect to retirees established by the 10400HB2963ham001 -207- LRB104 12004 RTM 23609 a Service Board and describes the plans of the Service Board to meet the requirements of Sections 4.02a and 4.02b, and shall identify and describe the assumptions and projections employed in the preparation thereof to the extent required by the Board.
(e) Whenever this Section requires the Board to make determinations with respect to estimates, budgets or financial HB2963 - 206 - LRB104 12004 RTM 22099 b plans, or rules or regulations with respect thereto such determinations shall be made upon the affirmative vote of at least 12 of the then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of the then Directors, beginning February 1, 2026 and shall be incorporated in a written report of the Board and such report shall be submitted within 10 days after such determinations are made to the Governor, the Mayor of Chicago (if such determinations relate to the Chicago Transit Authority), and the Auditor General of Illinois.
10400HB2963ham001 -208- LRB104 12004 RTM 23609 a (e) Whenever this Section requires the Board to make determinations with respect to estimates, budgets or financial plans, or rules or regulations with respect thereto such determinations shall be made upon the affirmative vote of at least 12 of the then Directors, prior to February 1, 2026, and by the affirmative vote of at least 14 of the then Directors, beginning February 1, 2026 and shall be incorporated in a written report of the Board and such report shall be submitted within 10 days after such determinations are made to the Governor, the Mayor of Chicago (if such determinations relate to the Chicago Transit Authority), and the Auditor General of Illinois.
(i) a list of projects for which approval is sought from the Governor, with a description of each project stating at a minimum the project cost, its category, its location and the entity responsible for its implementation;
(i) a list of projects for which approval is sought from the Governor, with a description of each project stating at a minimum the project cost, its category, its location and the entity responsible for its 10400HB2963ham001 -209- LRB104 12004 RTM 23609 a implementation;
(ii) a certification by the Authority that the HB2963 - 207 - LRB104 12004 RTM 22099 b Authority and the Service Boards have applied for all grants, loans and other moneys made available by the federal government or the State of Illinois during the preceding federal and State fiscal years for financing its capital development activities;
(ii) a certification by the Authority that the Authority and the Service Boards have applied for all grants, loans and other moneys made available by the federal government or the State of Illinois during the preceding federal and State fiscal years for financing its capital development activities;
(v) a schedule of all bonds or notes previously issued for Strategic Capital Improvement Projects and all debt service payments to be made with respect to all such bonds and the estimated additional debt service payments through June 30 of the following calendar year expected to result HB2963 - 208 - LRB104 12004 RTM 22099 b from bonds to be sold prior thereto;
(v) a schedule of all bonds or notes previously issued for Strategic Capital Improvement Projects and all debt service payments to be made with respect to all such bonds 10400HB2963ham001 -210- LRB104 12004 RTM 23609 a and the estimated additional debt service payments through June 30 of the following calendar year expected to result from bonds to be sold prior thereto;
The Plan may be revised or amended at any time, but any revision in the projects approved shall require the Governor's approval.
The Plan may be revised 10400HB2963ham001 -211- LRB104 12004 RTM 23609 a or amended at any time, but any revision in the projects approved shall require the Governor's approval.
HB2963 - 209 - LRB104 12004 RTM 22099 b (c) The Authority shall seek approval from the Governor only through the Plan or an amendment thereto.
(c) The Authority shall seek approval from the Governor only through the Plan or an amendment thereto.
(f) Before the Authority or a Service Board obligates any funds for a project for which the Authority or Service Board intends to use the proceeds of bonds or notes for Strategic Capital Improvement Projects, but which project is not HB2963 - 210 - LRB104 12004 RTM 22099 b included in an approved Plan, the Authority must notify the Governor of the intended obligation.
(f) Before the Authority or a Service Board obligates any funds for a project for which the Authority or Service Board 10400HB2963ham001 -212- LRB104 12004 RTM 23609 a intends to use the proceeds of bonds or notes for Strategic Capital Improvement Projects, but which project is not included in an approved Plan, the Authority must notify the Governor of the intended obligation.
the obligation, right, or option to issue, put, lend, sell, grant a security interest in, buy, borrow or otherwise acquire, a bond, note or other security or interest therein as an investment, as collateral, as a hedge, or otherwise as a source or assurance of payment to or by the Authority or as a reduction of the Authority's or an obligor's risk exposure;
the obligation, right, or option to issue, put, lend, sell, grant a security interest in, buy, borrow or otherwise acquire, a bond, note or other security or interest therein as an investment, as collateral, as a hedge, or otherwise as a source or assurance of payment to or by the Authority or as a reduction of the 10400HB2963ham001 -213- LRB104 12004 RTM 23609 a Authority's or an obligor's risk exposure;
and other HB2963 - 211 - LRB104 12004 RTM 22099 b agreements or arrangements similar to the foregoing.
and other agreements or arrangements similar to the foregoing.
1-18-08.) Section 99.
1-18-08.) 10400HB2963ham001 -214- LRB104 12004 RTM 23609 a Section 997.
Severability.
The provisions of this Act are severable, and if the application of any clause, sentence, paragraph, subdivision, Section, or part of this Act to any person or circumstance is adjudged by any court of competent jurisdiction to be invalid, such judgment shall not necessarily affect, impair, or invalidate the application of any such clause, sentence, paragraph, subdivision, Section, or part of this Act or remainder thereof, as the case may be, to any other person or circumstance, but shall be confined in its operation to the clause, sentence, paragraph, subdivision, Section, or part thereof directly involved in the controversy in which such judgment was rendered.
Section 999.
This Act takes effect January 1, 2026.
This Act takes effect January 1, 2026.".
HB2963 - 212 - LRB104 12004 RTM 22099 b INDEX Statutes amended in order of appearance New Act 70 ILCS 3605/12a from Ch.
111 2/3, par.
312a 70 ILCS 3605/12b from Ch.
111 2/3, par.
312b 70 ILCS 3605/12c 70 ILCS 3605/19 from Ch.
111 2/3, par.
319 70 ILCS 3605/20 from Ch.
111 2/3, par.
320 70 ILCS 3605/22 from Ch.
111 2/3, par.
322 70 ILCS 3605/23 from Ch.
111 2/3, par.
323 70 ILCS 3605/28a from Ch.
111 2/3, par.
328a 70 ILCS 3605/34 from Ch.
111 2/3, par.
334 70 ILCS 3605/21 rep.
70 ILCS 3615/2.01 from Ch.
111 2/3, par.
702.01 70 ILCS 3615/2.01a 70 ILCS 3615/2.01b 70 ILCS 3615/2.01c 70 ILCS 3615/2.04 from Ch.
111 2/3, par.
702.04 70 ILCS 3615/2.05 from Ch.
111 2/3, par.
702.05 70 ILCS 3615/2.08 from Ch.
111 2/3, par.
702.08 70 ILCS 3615/2.08a new 70 ILCS 3615/2.12b 70 ILCS 3615/2.14 from Ch.
111 2/3, par.
702.14 70 ILCS 3615/2.18a from Ch.
111 2/3, par.
702.18a 70 ILCS 3615/2.30 HB2963 - 213 - LRB104 12004 RTM 22099 b 70 ILCS 3615/2.43 new 70 ILCS 3615/2.44 new 70 ILCS 3615/3.01 from Ch.
111 2/3, par.
703.01 70 ILCS 3615/3.03 from Ch.
111 2/3, par.
703.03 70 ILCS 3615/3.05 from Ch.
111 2/3, par.
703.05 70 ILCS 3615/3A.02 from Ch.
111 2/3, par.
703A.02 70 ILCS 3615/3A.09 from Ch.
111 2/3, par.
703A.09 70 ILCS 3615/3A.10 from Ch.
111 2/3, par.
703A.10 70 ILCS 3615/3A.14 from Ch.
111 2/3, par.
703A.14 70 ILCS 3615/3B.02 from Ch.
111 2/3, par.
703B.02 70 ILCS 3615/3B.09 from Ch.
111 2/3, par.
703B.09 70 ILCS 3615/3B.10 from Ch.
111 2/3, par.
703B.10 70 ILCS 3615/3B.13 from Ch.
111 2/3, par.
703B.13 70 ILCS 3615/4.01 from Ch.
111 2/3, par.
704.01 70 ILCS 3615/4.03 70 ILCS 3615/4.03.3 70 ILCS 3615/4.04 from Ch.
111 2/3, par.
704.04 70 ILCS 3615/4.09 from Ch.
111 2/3, par.
704.09 70 ILCS 3615/4.11 from Ch.
111 2/3, par.
704.11 70 ILCS 3615/4.13 from Ch.
111 2/3, par.
704.13 70 ILCS 3615/4.14 from Ch.
111 2/3, par.
704.14