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 Bill Status of HB4053  100th General Assembly


Short Description:  TOLL HGHWY-TOLL REVENUE-BONDS

House Sponsors
Rep. Allen Skillicorn

Last Action
DateChamber Action
  5/23/2017HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
605 ILCS 10/19from Ch. 121, par. 100-19
605 ILCS 10/23from Ch. 121, par. 100-23


Synopsis As Introduced
Amends the Toll Highway Act. Provides that beginning July 1, 2018, all toll revenue collected by the Illinois State Toll Highway Authority from the toll highway system, including, but not limited to, any civil fines or fees collected under the Act, shall be used to pay the principal and interest payments of all bonds issued by the Authority under the Act until all bond payment obligations have been satisfied. Provides that after satisfaction of the bond payment obligations, the Authority shall spend toll revenue received from the toll highway system as provided under the Act.

Actions 
DateChamber Action
  5/23/2017HouseFiled with the Clerk by Rep. Allen Skillicorn
  5/23/2017HouseFirst Reading
  5/23/2017HouseReferred to Rules Committee

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