SB2869 EngrossedLRB099 20404 SLF 44896 b


  
1    AN ACT concerning transportation.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Illinois Highway Code is amended by changing 
5Section 3-105 as follows:
 



6    (605 ILCS 5/3-105)  (from Ch. 121, par. 3-105)



7    Sec. 3-105. 
Except as otherwise provided in the Treasurer 
8as Custodian
of Funds Act, all money received by the State
of 
9Illinois from the federal government for aid in construction of 
10highways
shall be placed in the "Road Fund" in the State 
11Treasury. For the purposes of this Section, money received by 
12the State of Illinois from the federal government under the 
13Recreational Trails Program shall not be considered for use as 
14aid in construction of highways, and shall not be placed in the 
15"Road Fund" in the State treasury. 

16    Whenever any county having a population of 500,000 or more 
17inhabitants
has incurred indebtedness and issued Expressway 
18bonds as authorized by
Division 5-34 of
the Counties Code  and 
19has used
the proceeds of such bonds for the construction of 
20Expressways in
accordance with the provisions of Section 15d of 
21"An Act to revise the law
in relation to roads and bridges", 
22approved June 27, 1913, as amended
(repealed) or
of Section 
235-403 of this Code in order to accelerate the improvement of

 
 
SB2869 Engrossed- 2 -LRB099 20404 SLF 44896 b

1the National System of Interstate Highways, the federal aid 
2primary highway
network or the federal aid highway network in 
3urban areas, the State shall
appropriate and allot, from the 
4allotments of federal funds made available
by Acts of Congress 
5under the Federal Aid Road Act and as appropriated
and made 
6available to the State of Illinois, to such county or counties 
7a
sum sufficient to retire the bonded indebtedness due annually 
8arising from
the issuance of those Expressway bonds issued for 
9the purpose of
constructing Expressways in the county or 
10counties. Such funds shall be
deposited in the Treasury of such 
11county or counties for the purpose of
applying such funds to 
12the payment of the Expressway bonds, principal and
interest due 
13annually, issued pursuant to Division 5-34  of the Counties 
14Code.

15(Source: P.A. 86-1475.)