Illinois General Assembly - Bill Status for SB1985

Synopsis As Introduced
Amends the General Obligation Bond Act. Removes provisions requiring transfer of funds from the Road Fund to pay the aggregate of the principal of, interest on, and premium on bonds authorized under Public Act 98-781. Amends the Regional Transportation Authority Act. Removes provisions authorizing transfer of the first $100,000,000 of specified occupation and use taxes to the Road Fund (rather than the General Revenue Fund). Makes conforming changes. Effective July 1, 2019.

Actions

Date	Chamber	Action
2/15/2019	Senate	Filed with Secretary by Sen. Dan McConchie
2/15/2019	Senate	First Reading
2/15/2019	Senate	Referred to Assignments
1/13/2021	Senate	Session Sine Die

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