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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1445 Introduced 1/31/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED: | | 30 ILCS 740/4-1.11 | from Ch. 111 2/3, par. 699.11 |
| Amends the Downstate Public Transportation Act. In an Article concerning urbanized area public transportation assistance, provides that the term "operating revenues" does not include income from advertising. |
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| | A BILL FOR |
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| | SB1445 | | LRB104 06399 HLH 16435 b |
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1 | | AN ACT concerning finance. |
2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly: |
4 | | Section 5. The Downstate Public Transportation Act is |
5 | | amended by changing Section 4-1.11 as follows: |
6 | | (30 ILCS 740/4-1.11) (from Ch. 111 2/3, par. 699.11) |
7 | | Sec. 4-1.11. "Operating revenues" means income from |
8 | | nonreimbursable fares, rental of properties, advertising, |
9 | | local and state funds contributed to meet eligible operating |
10 | | expenses, and any other amounts collected or received in the |
11 | | process of providing public transportation under this Article, |
12 | | and any revenue which is an operating revenue according to |
13 | | standard accounting practices for the providing of public |
14 | | transportation and which the Secretary may determine, |
15 | | consistent with the federal Department of Transportation |
16 | | regulations and requirements. |
17 | | (Source: P.A. 86-16.) |