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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
HB5423 Introduced , by Rep. Brad Halbrook SYNOPSIS AS INTRODUCED:
| | 30 ILCS 105/5.1015 new | | 35 ILCS 505/8c new | | 605 ILCS 5/6-703 new | |
| Amends the Illinois Highway Code. Provides for the establishment and administration of the Township Rebuild Program by the Department of Transportation. Provides that the Department use the Township Rebuild Fund to award grants of no greater than $250,000 to townships with populations under 2,000 for the purpose of expanding machinery storage facilities. Amends the Motor Fuel Tax Law. Creates the Township Rebuild Fund as a special fund in the State Treasury. Provides that the Fund shall receive transfers from the Motor Fuel Tax Fund sufficient to provide awards to all eligible townships in the Illinois Township Rebuild Program. Amends the State Finance Act to make a corresponding addition. Provides that the Township Rebuild Program Fund shall be used according to the purposes described in the Transportation Funds provisions of the Revenue Article of the Illinois Constitution. | |
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| | A BILL FOR |
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| | HB5423 | | LRB103 38469 MXP 68605 b |
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| 1 | | AN ACT concerning transportation.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The State Finance Act is amended by adding |
| 5 | | Section 5.1015 as follows:
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| 6 | | (30 ILCS 105/5.1015 new) |
| 7 | | Sec. 5.1015. The Township Rebuild Program Fund.
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| 8 | | Section 10. The Motor Fuel Tax Law is amended by adding |
| 9 | | Section 8c as follows:
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| 10 | | (35 ILCS 505/8c new) |
| 11 | | Sec. 8c. Township Rebuild Program Fund; creation; |
| 12 | | distribution of proceeds. The Township Rebuild Program Fund is |
| 13 | | hereby created as a special fund in the State treasury. The |
| 14 | | Fund shall receive transfers from the Motor Fuel Tax Fund |
| 15 | | sufficient to provide awards to all eligible townships. Moneys |
| 16 | | in the Fund shall be used by the Department of Transportation |
| 17 | | to provide grants to townships with populations under 2,000 in |
| 18 | | amounts not greater than $250,000 for the purposes of building |
| 19 | | or expanding machinery storage facilities. Moneys in the |
| 20 | | Township Rebuild Program Fund shall be used according to the |
| 21 | | purposes described in Section 11 of Article IX of the Illinois |