House Sponsors: SCHOENBERG. Short description: HWY CD-REIMBURSE IDOT Synopsis of Bill as introduced: Amends the Illinois Highway Code. Provides that when the Department of Transportation conveys to the Illinois State Toll Highway Authority an interest in land, rights or other property acquired in connection with a federal-aid project that ceases to exist, the Department must receive compensation equal to the fair market value of the interest conveyed (instead of receiving no compensation), to be deposited into the Road Fund. FISCAL NOTE (Department of Transportation) The cost of properties acquired by IDOT associated with ongoing toll highway projects is approximately $51 million. Until par- cels have been appraised for the current fair market value, there is no way of determining the true fiscal impact of HB133. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status