State of Illinois
92nd General Assembly
Legislation

   [ Search ]   [ PDF text ]   [ Legislation ]   
[ Home ]   [ Back ]   [ Bottom ]



92_HB0680

 
                                               LRB9206602REmg

 1        AN ACT concerning mass transit.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Civil Administrative Code of Illinois  is
 5    amended by adding Section 2705-320 as follows:

 6        (20 ILCS 2705/2705-320 new)
 7        Sec.   2705-320.  Build  Illinois  Transit  Program;  new
 8    facilities and service.
 9        (a)  The Department of Transportation must establish  the
10    Build  Illinois  Transit  Program for the construction of and
11    acquisition  of  property  and   equipment   for   new   mass
12    transportation   facilities   and   new   or   expanded  mass
13    transportation service, including rapid transit,  rail,  bus,
14    and  other  equipment used in connection with mass transit by
15    the State, a public or private entity, or 2 or more of  these
16    entities   authorized   to   provide   and   promote   public
17    transportation within the State.
18        (b)  For the purpose of this Section:
19        "Carrier"     means     any   public  or  private  entity
20    authorized to provide mass transportation within the State.
21        "Facilities"  comprise all  real  and  personal  property
22    used in or appurtenant to a mass transportation system.
23        "Mass   Transportation"   means  transportation  provided
24    within the State  by  rapid  transit,  rail,  bus,  or  other
25    conveyance   available   to  the  public  on  a  regular  and
26    continuing basis.
27        "Unit of local government" has the  meaning  provided  in
28    Section 1 of Article VII of the Illinois Constitution.
29        (c)  Under   the  Build  Illinois  Transit  Program,  the
30    Department  may  (i)  enter  into  contracts  for  new   mass
31    transportation facilities and (ii) make grants, funded by the
 
                            -2-                LRB9206602REmg
 1    bonds  authorized  in  paragraph  (4)  of  subsection  (b) of
 2    Section 4 of  the  General  Obligation  Bond  Act.   For  the
 3    payment  of  the  principal  and  interest  on the bonds, the
 4    Comptroller must order transferred  and  the  Treasurer  must
 5    transfer  $293,000,000 annually from the General Revenue Fund
 6    to the Build Illinois Transit Program Fund,  a  special  fund
 7    created in the State Treasury, until the bonds are retired.
 8        (d)  The  Department  must  make  Build  Illinois Transit
 9    grants to units of local governments  and  carriers  for  the
10    construction of and acquisition of property and equipment for
11    new  mass  transportation  facilities  and  to provide new or
12    expanded mass transportation service.   The  grants  must  be
13    made  upon  terms  and conditions that in the judgment of the
14    Secretary are necessary to ensure their proper and  effective
15    use.   The   Department   must   make  grants  for  new  mass
16    transportation facilities and systems and to provide  new  or
17    expanded mass transportation service within the State to:
18             (1)  Maximize  federal  funds  for the assistance of
19        new mass transportation facilities in Illinois.
20             (2)  Facilitate  the  movement   of   all   persons,
21        including  those  persons  who  because  of age, economic
22        circumstance, or physical infirmity are unable to drive.
23             (3)  Contribute to an improved  environment  through
24        the reduction of air, water, and noise pollution.
25             (4)  Reduce  traffic congestion and suburban highway
26        and road sprawl.
27             (5)  Facilitate  the  transportation   of   Illinois
28        residents  to  places  of  employment  and to commercial,
29        medical, and shopping districts.
30             (6)  Increase  the  frequency  and  reliability   of
31        public transit service.
32        The   Secretary  must  establish  procedures  for  making
33    application for  the  Build  Illinois  Transit  grants.   The
34    procedures must provide for public notice of all applications
 
                            -3-                LRB9206602REmg
 1    and   give  reasonable  opportunity  for  the  submission  of
 2    comments  and  objections   by   interested   parties.    The
 3    procedures  must  be  designed  with  a  view to facilitating
 4    simultaneous application for a  grant  to the Department  and
 5    to the federal government.  The grants or matching grants may
 6    not  be  made  in a total amount that exceeds 100% of the net
 7    project cost.  Amounts in excess of the project cost must  be
 8    promptly returned to the Department.

 9        Section  10.   The State Finance Act is amended by adding
10    Section 5.545 as follows:

11        (30 ILCS 105/5.545 new)
12        Sec. 5.545.  The Build Illinois Transit Program Fund.

13        Section 15.  The General Obligation Bond Act  is  amended
14    by changing Sections 2 and 4 as follows:

15        (30 ILCS 330/2) (from Ch. 127, par. 652)
16        Sec.  2.  Authorization for Bonds.  The State of Illinois
17    is authorized to issue, sell and provide for  the  retirement
18    of  General Obligation Bonds of the State of Illinois for the
19    categories and specific  purposes  expressed  in  Sections  2
20    through 8 of this Act, in the total amount of $18,097,632,592
21    $14,197,632,592.
22        The  bonds authorized in this Section 2 and in Section 16
23    of this Act are herein called "Bonds".
24        Of the total amount of Bonds authorized in this  Act,  up
25    to  $2,200,000,000 in aggregate original principal amount may
26    be issued and  sold  in  accordance  with  the  Baccalaureate
27    Savings Act in the form of General Obligation College Savings
28    Bonds.
29        Of  the  total amount of Bonds authorized in this Act, up
30    to $300,000,000 in aggregate original principal amount may be
 
                            -4-                LRB9206602REmg
 1    issued and sold in accordance with the Retirement Savings Act
 2    in the form of General Obligation Retirement Savings Bonds.
 3        The issuance and sale of Bonds pursuant  to  the  General
 4    Obligation  Bond Act is an economical and efficient method of
 5    financing the capital needs of  the  State.   This  Act  will
 6    permit  the  issuance  of  a multi-purpose General Obligation
 7    Bond with uniform terms and features.   This  will  not  only
 8    lower  the  cost  of registration but also reduce the overall
 9    cost of  issuing  debt  by  improving  the  marketability  of
10    Illinois General Obligation Bonds.
11    (Source: P.A. 90-1, eff. 2-20-97; 90-8, eff. 12-8-97; 90-549,
12    eff.  12-8-97;  90-586,  eff.  6-4-98;  91-39,  eff. 6-15-99;
13    91-53, eff 6-30-99; 91-710, eff. 5-17-00.)

14        (30 ILCS 330/4) (from Ch. 127, par. 654)
15        Sec. 4.  Transportation.  The  amount  of  $9,212,270,000
16    $5,312,270,000  is  authorized  for  use by the Department of
17    Transportation for the  specific  purpose  of  promoting  and
18    assuring  rapid,  efficient,  and  safe highway, air and mass
19    transportation for the inhabitants of the State by  providing
20    monies,  including  the  making  of grants and loans, for the
21    acquisition,  construction,  reconstruction,  extension   and
22    improvement  of  the  following transportation facilities and
23    equipment, and for  the  acquisition  of  real  property  and
24    interests  in  real  property  required  or  expected  to  be
25    required in connection therewith as follows:
26        (a)  $3,431,000,000    for   State   highways,   arterial
27    highways, freeways,  roads,  bridges,  structures  separating
28    highways  and  railroads  and  roads,  and  bridges  on roads
29    maintained by counties,  municipalities,  townships  or  road
30    districts for the following specific purposes:
31             (1)  $3,330,000,000 for use statewide,
32             (2)  $3,641,000   for   use   outside   the  Chicago
33        urbanized area,
 
                            -5-                LRB9206602REmg
 1             (3)  $7,543,000 for use within the Chicago urbanized
 2        area,
 3             (4)  $13,060,600 for use within the City of Chicago,
 4             (5)  $57,894,500 for  use  within  the  counties  of
 5        Cook, DuPage, Kane, Lake, McHenry and Will, and
 6             (6)  $18,860,900  for  use  outside  the counties of
 7        Cook, DuPage, Kane, Lake, McHenry and Will.
 8        (b)  $5,429,670,000 $1,529,670,000  for  rail  facilities
 9    and  for  mass  transit  facilities,  as  defined  in Section
10    2705-305 of the Department of  Transportation  Law  (20  ILCS
11    2705/2705-305),  including rapid transit, rail, bus and other
12    equipment used in connection therewith by the  State  or  any
13    unit  of  local  government, special transportation district,
14    municipal  corporation  or  other   corporation   or   public
15    authority   authorized   to   provide   and   promote  public
16    transportation within  the  State  or  two  or  more  of  the
17    foregoing jointly, for the following specific purposes:
18             (1)  $1,433,870,000 statewide,
19             (2)  $83,350,000  for  use  within  the  counties of
20        Cook, DuPage, Kane, Lake, McHenry and Will,
21             (3)  $12,450,000 for use  outside  the  counties  of
22        Cook, DuPage, Kane, Lake, McHenry and Will,
23             (4)  $3,900,000,000  for  the Build Illinois Transit
24        Program.
25        (c)  $351,600,000 for airport or aviation facilities  and
26    any   equipment   used  in  connection  therewith,  including
27    engineering and land acquisition costs, by the State  or  any
28    unit  of  local  government, special transportation district,
29    municipal  corporation  or  other   corporation   or   public
30    authority  authorized to provide public transportation within
31    the State, or two or more of the  foregoing  acting  jointly,
32    and  for  the  making  of deposits into the Airport Land Loan
33    Revolving Fund for loans to public airport owners pursuant to
34    the Illinois Aeronautics Act.
 
                            -6-                LRB9206602REmg
 1    (Source: P.A. 90-8, eff. 12-8-97 (changed from 6-1-98 by P.A.
 2    90-549); 90-586, eff. 6-4-98; 91-39,  eff.  6-15-99;  91-239,
 3    eff. 1-1-00; 91-712, eff. 7-1-00.)

[ Top ]