TOLL HIGHWAY AUTH-FINANCES
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SB 1041 — TOLL HIGHWAY AUTH-FINANCES
Last action — Session Sine Die
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 93rd Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Amends the Toll Highway Act. Requires the Governor to appoint an Inspector General to investigate waste, fraud, or financial mismanagement in Authority operations involving Authority employees or contractors. Provides that after the effective date of this amendatory Act and through June 30, 2004, the Illinois State Toll Highway Authority may not charge or collect tolls at a rate higher than the tolls in effect on March 21, 2002. Provides that with respect to a proposed increase in toll rates, the Authority may not hold more than one hearing on the same day, and imposes other requirements concerning such hearings. Requires the Authority to submit a 20-year comprehensive strategic financial plan to the General Assembly by December 31, 2004. Requires the Auditor General to conduct a management audit of the State's toll highway operations and management. Provides that the Act constitutes an irrevocable and continuing appropriation from the Illinois State Toll Highway Authority Fund for amounts to pay principal, interest, and other bond expenses and obligations (instead of the Fund being considered always appropriated for the purposes of repayment of debt service and other bond obligations). Provides that all other expenses, including ordinary and contingent expenses, are subject to annual appropriation. Provides that, before bonds may be issued for or construction may be commenced on any new segment of toll highway, the issuance of bonds for or the commencement of construction of that particular segment must be approved by law (rather than authorized by joint resolution of the General Assembly). Prohibits directors of the Illinois State Toll Highway Authority, their employees, and agents from receiving direct or indirect financial benefit from the letting of Authority contracts during their terms of service and for a period of one year following termination of their positions or employment with the Authority. Requires the Authority to maintain a debt service fund with respect to revenue bonds outstanding on the effective date of this amendatory Act. Makes other changes. Effective immediately.
Bill Text
- Introduced View text Current html
Action History
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Session Sine Die
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Senate Committee Amendment No. 3 Tabled Pursuant to Rule 5-4(a)
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Senate Committee Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
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Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
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Pursuant to Senate Rule 3-9(b) / Referred to Rules
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Third Reading Deadline Extended - Rule 2-10(e) to May 31, 2003.
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Committee Deadline Extended-Rule 3-9(a) (ii), regarding the March 13, 2003 reporting deadline.
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To Subcommittee
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Senate Committee Amendment No. 3 Rules Refers to Transportation
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Senate Committee Amendment No. 2 Rules Refers to Transportation
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Senate Committee Amendment No. 1 Rules Refers to Transportation
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Senate Committee Amendment No. 3 Referred to Rules
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Senate Committee Amendment No. 3 Filed with Secretary by Sen. Jeffrey M. Schoenberg
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Senate Committee Amendment No. 2 Referred to Rules
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Senate Committee Amendment No. 2 Filed with Secretary by Sen. Jeffrey M. Schoenberg
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Senate Committee Amendment No. 1 Referred to Rules
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Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg
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Added as Chief Co-Sponsor Sen. Susan Garrett
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Added as Co-Sponsor Sen. Don Harmon
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Postponed - Transportation
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Assigned to Transportation
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Referred to Rules
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First Reading
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Filed with Secretary by Sen. Jeffrey M. Schoenberg
Sponsors
- Jeffrey M. Schoenberg · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on
Sponsors (0)
None.
Co-sponsors (1)
- Jeffrey M. Schoenberg
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 1041 do?
- Amends the Toll Highway Act. Requires the Governor to appoint an Inspector General to investigate waste, fraud, or financial mismanagement in Authority operations involving Authority employees or contractors. Provides that after the effective date of this amendatory Act and through June 30, 2004, the Illinois State Toll Highway Authority may not charge or collect tolls at a rate higher than the tolls in effect on March 21, 2002. Provides that with respect to a proposed increase in toll rates, the Authority may not hold more than one hearing on the same day, and imposes other requirements concerning such hearings. Requires the Authority to submit a 20-year comprehensive strategic financial plan to the General Assembly by December 31, 2004. Requires the Auditor General to conduct a management audit of the State's toll highway operations and management. Provides that the Act constitutes an irrevocable and continuing appropriation from the Illinois State Toll Highway Authority Fund for amounts to pay principal, interest, and other bond expenses and obligations (instead of the Fund being considered always appropriated for the purposes of repayment of debt service and other bond obligations). Provides that all other expenses, including ordinary and contingent expenses, are subject to annual appropriation. Provides that, before bonds may be issued for or construction may be commenced on any new segment of toll highway, the issuance of bonds for or the commencement of construction of that particular segment must be approved by law (rather than authorized by joint resolution of the General Assembly). Prohibits directors of the Illinois State Toll Highway Authority, their employees, and agents from receiving direct or indirect financial benefit from the letting of Authority contracts during their terms of service and for a period of one year following termination of their positions or employment with the Authority. Requires the Authority to maintain a debt service fund with respect to revenue bonds outstanding on the effective date of this amendatory Act. Makes other changes. Effective immediately.
- Who sponsors SB 1041?
- SB 1041 is sponsored by Jeffrey M. Schoenberg.
- What is the current status of SB 1041?
- This bill died with 93rd Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 1041?
- Track SB 1041 free on One Click Politics — get push/email alerts when it moves.
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