Full Text of SB2530 97th General Assembly
SB2530 97TH GENERAL ASSEMBLY |
| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 SB2530 Introduced 11/29/2011, by Sen. Matt Murphy SYNOPSIS AS INTRODUCED: |
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605 ILCS 10/19 | from Ch. 121, par. 100-19 |
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Amends the Toll Highway Act. Provides that the Authority may not increase toll rates without first obtaining authorization by joint resolution of the General Assembly.
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| | A BILL FOR |
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| 1 | | AN ACT concerning transportation.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Toll Highway Act is amended by changing | 5 | | Section 19 as follows:
| 6 | | (605 ILCS 10/19) (from Ch. 121, par. 100-19)
| 7 | | Sec. 19. The Authority shall fix and revise from time to | 8 | | time, tolls or
charges or rates for the privilege of using each | 9 | | of the toll highways
constructed pursuant to this Act. Such | 10 | | tolls shall be so fixed and
adjusted at rates calculated to | 11 | | provide the lowest reasonable toll rates
that will provide | 12 | | funds sufficient with other revenues of the Authority to
pay, | 13 | | (a) the cost of the construction of a toll highway authorized | 14 | | by joint
resolution of the General Assembly pursuant to Section | 15 | | 14.1 and the
reconstruction, major repairs or improvements of | 16 | | toll highways, (b) the
cost of maintaining, repairing, | 17 | | regulating and operating the toll highways
including only the | 18 | | necessary expenses of the Authority, and (c) the
principal of | 19 | | all bonds, interest thereon and all sinking fund requirements
| 20 | | and other requirements provided by resolutions authorizing the | 21 | | issuance of
the bonds as they shall become due. The Authority | 22 | | may not increase toll rates without first obtaining | 23 | | authorization by joint resolution of the General Assembly. |
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| 1 | | In fixing the toll rates pursuant to this Section 19 and | 2 | | Section 10(c) of this Act, the Authority shall take into | 3 | | account the effect of the provisions of this Section 19 | 4 | | permitting the use of the toll highway system without payment | 5 | | of the covenants of the Authority contained in the resolutions | 6 | | and trust indentures authorizing the issuance of bonds of the | 7 | | Authority. No such provision permitting the use of the toll | 8 | | highway system without payment of tolls after the date of this | 9 | | amendatory Act of the 95th General Assembly shall be applied in | 10 | | a manner that impairs the rights of bondholders pursuant to any | 11 | | resolution or trust indentures authorizing the issuance of | 12 | | bonds of the Authority.
The use and disposition of any sinking
| 13 | | or reserve fund shall be subject to such regulation as may be | 14 | | provided in
the resolution or trust indenture authorizing the | 15 | | issuance of the bonds.
Subject to the provisions of any | 16 | | resolution or trust indenture authorizing
the issuance of bonds | 17 | | any moneys in any such sinking fund in excess of an
amount | 18 | | equal to one year's interest on the bonds then outstanding | 19 | | secured
by such sinking fund may be applied to the purchase or | 20 | | redemption of bonds.
All such bonds so redeemed or purchased | 21 | | shall forthwith be cancelled and
shall not again be issued. No | 22 | | person shall be permitted to use any toll
highway without | 23 | | paying the toll established under this Section except when
on | 24 | | official Toll Highway Authority business which includes police | 25 | | and other
emergency vehicles. However, any law enforcement | 26 | | agency vehicle, fire
department vehicle, or other emergency |
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| 1 | | vehicle that is plainly marked shall not
be
required to pay a | 2 | | toll to use a toll highway.
A law enforcement, fire protection, | 3 | | or emergency services
officer driving a law enforcement, fire | 4 | | protection, or emergency services
agency
vehicle that is not | 5 | | plainly marked must present an Official Permit Card which
the | 6 | | law enforcement, fire protection, or emergency services | 7 | | officer receives
from his or her law enforcement, fire | 8 | | protection, or emergency services agency
in
order to use a toll | 9 | | highway without paying the toll. A
law enforcement, fire | 10 | | protection, or emergency services agency must apply to
the | 11 | | Authority to receive a permit, and the
Authority shall adopt | 12 | | rules for the issuance of a permit, that allows all
law | 13 | | enforcement, fire protection, or emergency services agency | 14 | | vehicles of the
law enforcement, fire protection, or emergency | 15 | | services agency that are not
plainly
marked to use any toll | 16 | | highway
without paying the toll established under this Section.
| 17 | | The Authority shall maintain in
its office a list of
all | 18 | | persons that are authorized to use any toll highway without | 19 | | charge when
on official business of the Authority and such list | 20 | | shall be open to the
public for inspection. In recognition of | 21 | | the unique role of the Suburban Bus Division of the Regional | 22 | | Transportation Authority in providing effective transportation | 23 | | in the Authority's service region and to give effect to the | 24 | | exemption set forth in subsection (b) of Section 2.06 of the | 25 | | Regional Transportation Authority Act, a vehicle owned or | 26 | | operated by the Suburban Bus Division of the Regional |
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| 1 | | Transportation Authority that is being used to transport | 2 | | passengers for hire may use any toll highway without paying the | 3 | | toll.
| 4 | | Among other matters, this amendatory Act of 1990 is | 5 | | intended to clarify
and confirm the prior intent of the General | 6 | | Assembly to allow toll revenues
from the toll highway system to | 7 | | be used to pay a portion of the cost of the
construction of the | 8 | | North-South Toll Highway authorized by Senate Joint
Resolution | 9 | | 122 of the 83rd General Assembly in 1984.
| 10 | | (Source: P.A. 95-327, eff. 1-1-08.)
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