FRANKS-HOEFT-JOHNSON-COULSON-SCHMITZ, GARRETT, FRITCHEY, YARBROUGH AND LYONS,JOSEPH. 605 ILCS 10/36 new Amends the Toll Highway Act. Provides that revenues generated from tolls collected on an existing segment of a toll highway may not be used to pay any cost of a new segment that has not been constructed as of the effective date of the new provision, unless toll revenues collected on the new segment will pay for 75% of the cost of that new segment within the time period over which the Authority plans to finance the new segment's construction. STATE DEBT NOTE (Economic and Fiscal Commission) HB 2361 would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness. FISCAL NOTE (State Toll Highway Authority) As written, this bill creates no immediate financial impact on Tollway operations. It may, however, preclude the construction of any new tollway extension. FEB-23-2001 H FILED WITH CLERK FEB-23-2001 H FIRST READING FEB-23-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-27-2001 H ASSIGNED TO COMMITTEE APP-GEN SERVS MAR-07-2001 H STATE DEBT IMPACT NOTE FILED MAR-07-2001 H COMMITTEE APP-GEN SERVS MAR-09-2001 H ADDED AS A JOINT SPONSOR HOEFT MAR-09-2001 H ADDED AS A JOINT SPONSOR JOHNSON MAR-09-2001 H ADDED AS A JOINT SPONSOR COULSON MAR-09-2001 H ADDED AS A JOINT SPONSOR SCHMITZ MAR-09-2001 H ADDED AS A CO-SPONSOR GARRETT MAR-09-2001 H ADDED AS A CO-SPONSOR SCHOENBERG MAR-09-2001 H ADDED AS A CO-SPONSOR FRITCHEY MAR-09-2001 H ADDED AS A CO-SPONSOR YARBROUGH MAR-13-2001 H FISCAL NOTE FILED MAR-13-2001 H COMMITTEE APP-GEN SERVS MAR-15-2001 H DO PASS/STANDARD DEBATE 009-006-001 HAPG MAR-15-2001 H PLACED CAL 2ND READING-STANDARD DEBATE MAR-21-2001 H SECOND READING-STANDARD DEBATE MAR-21-2001 H PLCD CAL ORDER 3RD READING-STNDRD DEBATE APR-04-2001 H ADDED AS A CO-SPONSOR LYONS,JOSEPH APR-06-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary