Bill Status of SB2549  101st General Assembly


Short Description:  TOLL HIGHWAY-LAND DISCLOSURE

Senate Sponsors
Sen. Michael E. Hastings

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
605 ILCS 10/9.12


Synopsis As Introduced
Amends the Toll Highway Act. Provides that the Toll Highway Authority may not enter into any contract relating to the ownership or use of real property unless the identity of every owner and beneficiary having any interest in the property and every member, shareholder, limited partner, or general partner entitled to receive more than 7.5% of the total distributable income of any limited liability company, corporation, or limited partnership having any interest in the property is disclosed. Deletes provisions related to: condemnation proceedings; beneficial interests; and written statements. Provides that the Authority must file the statement of record with the record of each county in which any part of the land is located within 7 (rather than 3) business days after the statement is filed with the Authority.

Actions 
DateChamber Action
  1/29/2020SenateFiled with Secretary by Sen. Michael E. Hastings
  1/29/2020SenateFirst Reading
  1/29/2020SenateReferred to Assignments
  1/13/2021SenateSession Sine Die