Illinois Senate Bill 2139 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 4-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the State Finance Act. Provides that beginning in fiscal year 2014 the Road Fund must spend 40% of its revenue on actual construction and maintenance projects. Allows the Road Fund administrators that fall below this 40% threshold in one year to make additional expenditures in later years so that the three year average equals 40%. Directs the Comptroller to perform an audit of the Road Fund's revenue and expenditures every three years to ensure compliance with this requirement. Provides that if the Comptroller determines the Road Fund has not met its expenditure threshold, it will have its share of the Motor Fuel Sales Tax revenue reduced by 1%, and the State Construction Account Fund will receive the lost funds. Directs the Comptroller to conduct yearly, rather than thrice annual, audits upon determination of a deficiency, and provides that the Road Fund will continue losing shares of the Motor Fuel Sales Tax revenue to the State Construction Account Fund until it makes enough construction and maintenance expenditures to equal previous shortfalls. Provides that if the Road Fund has lost shares of the Motor Fuel Sales Tax revenue, it will regain them at the rate of 1% per year that it meets the 40% expenditure target. Provides that the Comptroller shall return to a three year audit schedule once the Road Fund has reacquired its lost shares of Motor Fuel Sales Tax revenue.

ROAD FUND REVENUE

Sen. Pamela Althoff [R]

Sen. Bill Brady [R]

Sen. Susan Rezin [R]

Sen. Karen McConnaughay [R]

Date	Chamber	Action
2015-01-13	Senate	Session Sine Die
2013-03-22	Senate	Rule 3-9(a) / Re-referred to Assignments
2013-03-19	Senate	To Subcommittee on Special Issues (ST)
2013-03-05	Senate	Assigned to Transportation
2013-02-15	Senate	Referred to Assignments
2013-02-15	Senate	First Reading
2013-02-15	Senate	Chief Co-Sponsor Sen. Karen McConnaughay
2013-02-15	Senate	Chief Co-Sponsor Sen. Sue Rezin
2013-02-15	Senate	Chief Co-Sponsor Sen. William E. Brady
2013-02-15	Senate	Filed with Secretary by Sen. Pamela J. Althoff

Chapter	Article	Section	Citation Type	Statute Text
30	105	8.3	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2139&GAID=12&DocTypeID=SB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/SB/09800SB2139.htm