MCGUIRE, O'BRIEN, BOLAND, TURNER,ART, BRUNSVOLD, NOVAK, WINTERS, SCOTT, MAUTINO, OSTERMAN, REITZ, LYONS,JOSEPH, SLONE, GARRETT, HARTKE, RYAN, HAMOS, BRADY, HOFFMAN, SCHOENBERG, COLLINS, MCKEON, GILES, ERWIN, FRITCHEY, SOTO, MCAULIFFE, SAVIANO, JEFFERSON AND BROSNAHAN. 20 ILCS 2705/2705-320 new 30 ILCS 105/5.545 new 30 ILCS 105/5.546 new 30 ILCS 105/6z-51 new 30 ILCS 330/2 from Ch. 127, par. 652 30 ILCS 330/4 from Ch. 127, par. 654 Amends the Department of Transportation Law of the Civil Administrative Code of Illinois, the State Finance Act, and the General Obligation Bond Act. Requires the Department to establish the Build Illinois Transit Program for the construction and acquisition of property and equipment for new mass transportation facilities and new or expanded mass transportation service by the State, a public or private entity, or 2 or more of these entities. Provides that the Department may (i) enter into contracts for new mass transportation facilities and new or expanded mass transportation service and (ii) make grants to units of local government and mass transit carriers. Lists specific projects to be funded and the specific funding amounts for fiscal years 2002 through 2006. Creates special funds within the State treasury for these purposes and to provide supplemental operating funds to entities authorized to provide and promote public transportation within the State for new or expanded mass transportation service and facilities created under the Build Illinois Transit Program. Increases by $4,325,000,000 the State's general bond authorization for mass transportation facilities under the Build Illinois Transit Program. Requires transfers from the General Revenue Fund to one of the newly-created special funds for the payment of the principal and interest on the bonds. Effective July 1, 2001. STATE DEBT NOTE (Economic and Fiscal Commission) HB 670 would increase: General Obligation principal by $4.325 billion Potential General Obligation principal by $7.841 billion Annual debt service by $ 322 million FISCAL NOTE (Department of Transportation) HB 670 calls for the annual transfer of $354.8 million from GRF to the Build Illinois Transit Program Fund for debt service and of $817 million from GRF to the Build Illinois Operations Pro- gram Fund to support new and expanded transit operations. HOUSE AMENDMENT NO. 1. Deletes reference to: 30 ILCS 105/5.545 new 30 ILCS 105/5.546 new 30 ILCS 105/6z-51 new Adds reference to: 30 ILCS 105/5.570 new 30 ILCS 105/5.571 new 30 ILCS 105/6z-60 new Deletes everything. Amends the Department of Transportation Law of the Civil Administrative Code of Illinois, the State Finance Act, and the General Obligation Bond Act. Requires the Department to establish the Build Illinois Transit Program for the construction and acquisition of property and equipment for new mass transportation facilities and new or expanded mass transportation service by the State, a public or private entity, or 2 or more of these entities. Provides that the Department may (i) enter into contracts for new mass transportation facilities and new or expanded mass transportation service and (ii) make grants to units of local government and mass transit carriers. Lists specific projects to be funded and the specific funding amounts for fiscal years 2004 through 2008. Creates special funds within the State treasury for these purposes and to provide supplemental operating funds to entities authorized to provide and promote public transportation within the State for new or expanded mass transportation service and facilities created under the Build Illinois Transit Program. Increases by $5,800,000,000 the State's general bond authorization for mass transportation facilities under the Build Illinois Transit Program. Requires transfers from the General Revenue Fund to one of the newly-created special funds for the payment of the principal and interest on the bonds. Effective July 1, 2002. FEB-06-2001 H FILED WITH CLERK FEB-06-2001 H FIRST READING FEB-06-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-07-2001 H ASSIGNED TO COMMITTEE TRANSPORAT'N FEB-09-2001 H ADDED AS A CO-SPONSOR O'BRIEN FEB-09-2001 H ADDED AS A CO-SPONSOR BOLAND FEB-09-2001 H ADDED AS A CO-SPONSOR TURNER,ART FEB-09-2001 H ADDED AS A CO-SPONSOR BRUNSVOLD FEB-09-2001 H ADDED AS A CO-SPONSOR NOVAK FEB-09-2001 H STATE DEBT IMPACT NOTE FILED FEB-09-2001 H COMMITTEE TRANSPORAT'N FEB-20-2001 H ADDED AS A CO-SPONSOR MATHIAS FEB-22-2001 H FISCAL NOTE FILED FEB-22-2001 H COMMITTEE TRANSPORAT'N MAR-02-2001 H ADDED AS A CO-SPONSOR WINTERS MAR-02-2001 H ADDED AS A CO-SPONSOR SCOTT MAR-02-2001 H ADDED AS A CO-SPONSOR MAUTINO MAR-02-2001 H ADDED AS A CO-SPONSOR OSTERMAN MAR-02-2001 H ADDED AS A CO-SPONSOR REITZ MAR-02-2001 H ADDED AS A CO-SPONSOR LYONS,JOSEPH MAR-02-2001 H ADDED AS A CO-SPONSOR FOWLER MAR-02-2001 H ADDED AS A CO-SPONSOR SLONE MAR-02-2001 H ADDED AS A CO-SPONSOR GARRETT MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL NOV-13-2001 H ADDED AS A CO-SPONSOR HARTKE NOV-13-2001 H ADDED AS A CO-SPONSOR RYAN NOV-14-2001 H ADDED AS A CO-SPONSOR HAMOS NOV-14-2001 H ADDED AS A CO-SPONSOR BRADY NOV-14-2001 H ADDED AS A CO-SPONSOR HOFFMAN NOV-14-2001 H ADDED AS A CO-SPONSOR FEIGENHOLTZ NOV-15-2001 H ADDED AS A CO-SPONSOR SCHOENBERG NOV-15-2001 H ADDED AS A CO-SPONSOR COLLINS NOV-15-2001 H ADDED AS A CO-SPONSOR MCKEON NOV-29-2001 H ADDED AS A CO-SPONSOR GILES NOV-29-2001 H ADDED AS A CO-SPONSOR ERWIN NOV-29-2001 H ADDED AS A CO-SPONSOR FRITCHEY NOV-29-2001 H ADDED AS A CO-SPONSOR SOTO FEB-06-2002 H ADDED AS A CO-SPONSOR COULSON FEB-06-2002 H ADDED AS A CO-SPONSOR MCAULIFFE FEB-06-2002 H ADDED AS A CO-SPONSOR SAVIANO FEB-07-2002 H ADDED AS A CO-SPONSOR JEFFERSON FEB-13-2002 H ASSIGNED TO COMMITTEE TRANSPORAT'N FEB-21-2002 H AMENDMENT NO. 01-TRANSPORTAT'N H FEB-21-2002 H ADOPTED FEB-21-2002 H DO PASS AS AMENDED/STANDARD DEBATE 012-000-005 HTRN FEB-21-2002 H PLACED CAL 2ND READING-STANDARD DEBATE FEB-25-2002 H ADDED AS A CO-SPONSOR BROSNAHAN MAR-22-2002 H SECOND READING-STANDARD DEBATE MAR-22-2002 H HELD CAL ORDER 2ND READING-STANDARD DBT APR-05-2002 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary