103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB3269

 

Introduced 2/6/2024, by Sen. Seth Lewis

 

SYNOPSIS AS INTRODUCED:
 
605 ILCS 5/5-917.1 new

    Amends the Illinois Highway Code. Provides that if a unit of local government that has adopted and implemented a road improvement impact fee by ordinance or resolution and repeals the ordinance or resolution, the collected fees, along with any accrued interest, in the existing impact fee accounts may be transferred to a transportation account to be used for capacity-related improvements. Valid impact fee refunds shall be processed in accordance with the procedures set forth in the repealed ordinance or resolution.


LRB103 37457 MXP 67579 b

 

 

A BILL FOR

 

SB3269LRB103 37457 MXP 67579 b

1    AN ACT concerning transportation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Highway Code is amended by adding
5Section 5-917.1 as follows:
 
6    (605 ILCS 5/5-917.1 new)
7    Sec. 5-917.1. Repeal of road improvement impact fee by
8ordinance or resolution. If a unit of local government that
9has adopted and implemented a road improvement impact fee by
10ordinance or resolution and repeals the ordinance or
11resolution, the collected fees, along with any accrued
12interest, in the existing impact fee accounts may be
13transferred to a transportation account to be used for
14capacity-related improvements. Valid impact fee refunds shall
15be processed in accordance with the procedures set forth in
16the repealed ordinance or resolution.