Bill Text: IL SB1445 | 2025-2026 | 104th General Assembly | Introduced
Bill Title: Amends the Downstate Public Transportation Act. In an Article concerning urbanized area public transportation assistance, provides that the term "operating revenues" does not include income from advertising.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2025-01-31 - Referred to Assignments [SB1445 Detail]
Download: Illinois-2025-SB1445-Introduced.html
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
1 | AN ACT concerning finance.
| |||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly:
| |||||||||||||||||||
4 | Section 5. The Downstate Public Transportation Act is | |||||||||||||||||||
5 | amended by changing Section 4-1.11 as follows:
| |||||||||||||||||||
6 | (30 ILCS 740/4-1.11) (from Ch. 111 2/3, par. 699.11) | |||||||||||||||||||
7 | Sec. 4-1.11. "Operating revenues" means income from | |||||||||||||||||||
8 | nonreimbursable fares, rental of properties, advertising, | |||||||||||||||||||
9 | local and state funds contributed to meet eligible operating | |||||||||||||||||||
10 | expenses, and any other amounts collected or received in the | |||||||||||||||||||
11 | process of providing public transportation under this Article, | |||||||||||||||||||
12 | and any revenue which is an operating revenue according to | |||||||||||||||||||
13 | standard accounting practices for the providing of public | |||||||||||||||||||
14 | transportation and which the Secretary may determine, | |||||||||||||||||||
15 | consistent with the federal Department of Transportation | |||||||||||||||||||
16 | regulations and requirements. | |||||||||||||||||||
17 | (Source: P.A. 86-16.) |