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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
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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
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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
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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,
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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.
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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.)