IL HB4311 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the General Obligation Bond Act. Removes a provision requiring the State Treasurer and Comptroller to transfer amounts from the Road Fund with respect to bonds issued under the authorization in Public Act 98-781 to the General Obligation Bond Retirement and Interest Fund. Amends the Regional Transportation Authority Act. Removes a provision providing that, of certain transfers to the Public Transportation Fund, the first $100,000,000 that would have otherwise been transferred from the General Revenue Fund shall be transferred from the Road Fund and the remainder shall be made from the General Revenue Fund. Requires that certain transfers to the Public Transportation Fund be made from the General Revenue Fund (rather than the Road Fund) and that the Treasurer deposit certain payments into the General Revenue Fund (rather than the Road Fund). Effective July 1, 2018.

Tracking Information

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Title

ROAD FUND-TRANSFERS/PAYMENTS

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-02-05HouseChief Co-Sponsor Changed to Rep. Sue Scherer
2018-02-05HouseAdded Chief Co-Sponsor Rep. Sue Scherer
2018-02-01HouseAdded Co-Sponsor Rep. Natalie Phelps Finnie
2018-01-26HouseReferred to Rules Committee
2018-01-26HouseFirst Reading
2018-01-23HouseFiled with the Clerk by Rep. Jay Hoffman

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3033015Amended CodeCitation Text
7036154.09Amended CodeCitation Text

Illinois State Sources


Bill Comments

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