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90_HB0994
30 ILCS 740/2-2.04 from Ch. 111 2/3, par. 662.04
Amends the Downstate Public Transportation Act. Provides
that funding for eligible operating expenses may exceed the
10% increase over the maximum established for the preceding
year for participants that are expanding a transportation
district.
LRB9004689MWpc
LRB9004689MWpc
1 AN ACT to amend the Downstate Public Transportation Act
2 by changing Section 2-2.04.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Downstate Public Transportation Act is
6 amended by changing Section 2-2.04 as follows:
7 (30 ILCS 740/2-2.04) (from Ch. 111 2/3, par. 662.04)
8 Sec. 2-2.04. "Eligible operating expenses" means all
9 expenses required for public transportation, including
10 employee wages and benefits, materials, fuels, supplies,
11 rental of facilities, taxes other than income taxes, payment
12 made for debt service (including principal and interest) on
13 publicly owned equipment or facilities, and any other
14 expenditure which is an operating expense according to
15 standard accounting practices for the providing of public
16 transportation. Eligible operating expenses shall not include
17 allowances: (a) for depreciation whether funded or unfunded;
18 (b) for amortization of any intangible costs; (c) for debt
19 service on capital acquired with the assistance of capital
20 grant funds provided by the State of Illinois; (d) for
21 profits or return on investment; (e) for excessive payment to
22 associated entities; (f) for Comprehensive Employment
23 Training Act expenses; (g) for costs reimbursed under
24 Sections 6 and 8 of the "Urban Mass Transportation Act of
25 1964", as amended; (h) for entertainment expenses; (i) for
26 charter expenses; (j) for fines and penalties; (k) for
27 charitable donations; (l) for interest expense on long term
28 borrowing and debt retirement other than on publicly owned
29 equipment or facilities; (m) for income taxes or (n) for such
30 other expenses as the Department may determine consistent
31 with federal Department of Transportation regulations or
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1 requirements.
2 With respect to participants other than any Metro-East
3 Transit District participant and those receiving federal
4 research development and demonstration funds pursuant to
5 Section 6 of the "Urban Mass Transportation Act of 1964", as
6 amended, during the fiscal year ending June 30, 1979, the
7 maximum eligible operating expenses for any such participant
8 in any fiscal year after Fiscal Year 1980 shall be the amount
9 appropriated for such participant for the fiscal year ending
10 June 30, 1980, plus in each year a 10% increase over the
11 maximum established for the preceding fiscal year. For
12 Fiscal Year 1980 the maximum eligible operating expenses for
13 any such participant shall be the amount of projected
14 operating expenses upon which the appropriation for such
15 participant for Fiscal Year 1980 is based.
16 With respect to participants receiving federal research
17 development and demonstration operating assistance funds for
18 operating assistance pursuant to Section 6 of the "Urban Mass
19 Transportation Act of 1964", as amended, during the fiscal
20 year ending June 30, 1979, the maximum eligible operating
21 expenses for any such participant in any fiscal year after
22 Fiscal Year 1980 shall not exceed such participant's eligible
23 operating expenses for the fiscal year ending June 30, 1980,
24 plus in each year a 10% increase over the maximum established
25 for the preceding fiscal year. For Fiscal Year 1980, the
26 maximum eligible operating expenses for any such participant
27 shall be the eligible operating expenses incurred during such
28 fiscal year, or projected operating expenses upon which the
29 appropriation for such participant for the Fiscal Year 1980
30 is based; whichever is less.
31 With respect to all participants other than any
32 Metro-East Transit District participant, the maximum eligible
33 operating expenses for any such participant in any fiscal
34 year after Fiscal Year 1985 shall be the amount appropriated
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1 for such participant for the fiscal year ending June 30,
2 1985, plus in each year a 10% increase over the maximum
3 established for the preceding year. The 10% maximum increase
4 over the maximum established for the preceding year, however,
5 may be exceeded for participants that are expanding a
6 transportation district. For Fiscal Year 1985, the maximum
7 eligible operating expenses for any such participant shall be
8 the amount of projected operating expenses upon which the
9 appropriation for such participant for Fiscal Year 1985 is
10 based.
11 (Source: P.A. 86-590.)