[ Search ] [ Legislation ] [ Bill Summary ]
[ Home ] [ Back ] [ Bottom ]
[ Introduced ] | [ Engrossed ] | [ Enrolled ] |
90_HB2295ham001 LRB9005887MWpcam01 1 AMENDMENT TO HOUSE BILL 2295 2 AMENDMENT NO. . Amend House Bill 2295 is amended by 3 replacing everything after the enacting clause with the 4 following: 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 -2- LRB9005887MWpcam01 1 Training Act expenses; (g) for costs reimbursed under 2 Sections 6 and 8 of the "Urban Mass Transportation Act of 3 1964", as amended; (h) for entertainment expenses; (i) for 4 charter expenses; (j) for fines and penalties; (k) for 5 charitable donations; (l) for interest expense on long term 6 borrowing and debt retirement other than on publicly owned 7 equipment or facilities; (m) for income taxes or (n) for such 8 other expenses as the Department may determine consistent 9 with federal Department of Transportation regulations or 10 requirements. 11 With respect to participants other than any Metro-East 12 Transit District participant and those receiving federal 13 research development and demonstration funds pursuant to 14 Section 6 of the "Urban Mass Transportation Act of 1964", as 15 amended, during the fiscal year ending June 30, 1979, the 16 maximum eligible operating expenses for any such participant 17 in any fiscal year after Fiscal Year 1980 shall be the amount 18 appropriated for such participant for the fiscal year ending 19 June 30, 1980, plus in each year a 10% increase over the 20 maximum established for the preceding fiscal year. For 21 Fiscal Year 1980 the maximum eligible operating expenses for 22 any such participant shall be the amount of projected 23 operating expenses upon which the appropriation for such 24 participant for Fiscal Year 1980 is based. 25 With respect to participants receiving federal research 26 development and demonstration operating assistance funds for 27 operating assistance pursuant to Section 6 of the "Urban Mass 28 Transportation Act of 1964", as amended, during the fiscal 29 year ending June 30, 1979, the maximum eligible operating 30 expenses for any such participant in any fiscal year after 31 Fiscal Year 1980 shall not exceed such participant's eligible 32 operating expenses for the fiscal year ending June 30, 1980, 33 plus in each year a 10% increase over the maximum established 34 for the preceding fiscal year. For Fiscal Year 1980, the -3- LRB9005887MWpcam01 1 maximum eligible operating expenses for any such participant 2 shall be the eligible operating expenses incurred during such 3 fiscal year, or projected operating expenses upon which the 4 appropriation for such participant for the Fiscal Year 1980 5 is based; whichever is less. 6 With respect to all participants other than any 7 Metro-East Transit District participant, the maximum eligible 8 operating expenses for any such participant in any fiscal 9 year after Fiscal Year 1985 shall be the amount appropriated 10 for such participant for the fiscal year ending June 30, 11 1985, plus in each year a 10% increase over the maximum 12 established for the preceding year. For Fiscal Year 1985, the 13 maximum eligible operating expenses for any such participant 14 shall be the amount of projected operating expenses upon 15 which the appropriation for such participant for Fiscal Year 16 1985 is based. 17 The 10% maximum increase over the amount appropriated for 18 the preceding year, however, may be exceeded for a 19 participant thatis a rural transit district thatreceived an 20 initial appropriation in Fiscal Year 1994 or Fiscal Year 21 1998. For any such participant, a 10% maximum increase over 22 the amount appropriated in the preceding year is established 23 in each subsequent year following the Fiscal Year when the 24 amount appropriated is equal to or greater than the maximum 25 allowable under Section 2-7 of this Act. 26 (Source: P.A. 90-508, eff. 8-22-97.) 27 Section 99. Effective date. This Act takes effect upon 28 becoming law.".