MCGUIRE, O'BRIEN, NOVAK, BOLAND AND BRUNSVOLD. 20 ILCS 2705/2705-320 new 30 ILCS 105/5.541 new 30 ILCS 330/2 from Ch. 127, par. 652 30 ILCS 330/4 from Ch. 127, par. 654 Amends the Department of Transportation Law of the Civil Administrative Code of Illinois. Provides that the Department must establish the Build Illinois Transit Program for the construction and acquisition of property and equipment for new mass transportation facilities and new or expanded mass transportation service, including rapid transit, rail, bus, and other equipment used in connection with mass transit by the State, a public or private entity, or 2 or more of these entities. Provides that the Department may (i) enter into contracts for new mass transportation facilities and new or expanded mass transportation service and (ii) make grants to units of local government and mass transit carriers. Amends the State Finance Act to create the Build Illinois Transit Program Fund. Amends the General Obligation Bond Act to increase the bond authorization to $20,077,847,592 (now, $16,177,847,592) and to make a corresponding increase in the bond amount authorized for mass transportation facilities under the Build Illinois Transit Program. Provides that for the payment of the principal and interest on the bonds, the Comptroller must order transferred and the Treasurer must transfer $293,000,000 annually from the General Revenue Fund to the Build Illinois Transit Program Fund until the bonds are retired. 00-02-03 H FILED WITH CLERK 00-02-03 H FIRST READING 00-02-03 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-03-24 H PRIMARY SPONSOR CHANGED TO MCGUIRE 00-03-24 H ADDED AS A CO-SPONSOR O'BRIEN 00-03-24 H ADDED AS A CO-SPONSOR NOVAK 00-03-24 H ADDED AS A CO-SPONSOR BOLAND 00-03-24 H ADDED AS A CO-SPONSOR BRUNSVOLD 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary