92nd General Assembly
Status of HB4956
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YOUNGE-HOLBROOK-DAVIS,STEVE-STEPHENS-GILES AND HOFFMAN.

(CLAYBORNE-WATSON)

   30 ILCS 105/5.570 new                                                       
   605 ILCS 5/10-102         from Ch. 121, par. 10-102                         
   605 ILCS 5/10-102.1 new                                                     

        Amends the State Finance Act to create the McKinley Bridge  Fund.      
   Amends  the  Illinois Highway Code. Provides for the transfer of up to      
   $2,100,000 from the Road Fund to the McKinley Bridge  Fund.   Provides      
   that  the  Illinois Department of Transportation may use moneys in the      
   McKinley Bridge Fund to  pay  off  or  reimburse  up  to  50%  of  the      
   outstanding  debt on the McKinley Bridge at Venice, Illinois. Provides      
   that upon payment or other extinguishment of  all  outstanding  bonds,      
   the  release of all liens, and the payment or release of all debts and      
   other encumbrances, the City  of  Venice  shall  convey  the  McKinley      
   Bridge  to  the Missouri Department of Transportation and the Illinois      
   Department of Transportation,  jointly.  Provides  that  the  Illinois      
   Department  of  Transportation  may  accept conveyance of the McKinley      
   Bridge regardless of whether it is structurally sound and  in  a  good      
   state of repair. Effective immediately.                                     
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that moneys in the  McKinley  Bridge  Fund,  subject  to      
   appropriation,  may be used to pay up to 50% of the sum of the amounts      
   "necessary to defease" (instead of "owing on") all  outstanding  bonds      
   relating to the McKinley Bridge.                                            
   FEB-05-2002  H  FILED WITH CLERK                                               
   FEB-05-2002  H  ADDED AS A JOINT SPONSOR                 HOLBROOK              
   FEB-05-2002  H  ADDED AS A JOINT SPONSOR                 DAVIS,STEVE           
   FEB-05-2002  H  ADDED AS A JOINT SPONSOR                 STEPHENS              
   FEB-05-2002  H  FIRST READING                                                  
   FEB-05-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2002  H  ADDED AS A CO-SPONSOR                    HOFFMAN               
   FEB-13-2002  H       ASSIGNED TO COMMITTEE               APP-PUB SAFTY         
   FEB-15-2002  H  ADDED AS A JOINT SPONSOR                 GILES                 
   FEB-22-2002  H                             AMENDMENT NO. 01-APP-PUB SAFTY H    
   FEB-22-2002  H                                   ADOPTED                       
   FEB-22-2002  H  DO PASS AMENDED/SHORT DEBATE             012-000-000   HAPP    
   FEB-22-2002  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAR-20-2002  H  SECOND READING-SHORT DEBATE                                    
   MAR-20-2002  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAR-21-2002  H  THIRD READING/SHORT DEBATE/PASSED        085-023-001           
   APR-02-2002  S  ARRIVE IN SENATE                                               
   APR-02-2002  S  PLACED CALENDAR ORDER OF FIRST READING   02-04-03              
   APR-09-2002  S  CHIEF SPONSOR                            CLAYBORNE             
   APR-09-2002  S  FIRST READING                                                  
   APR-09-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   APR-10-2002  S  ADDED AS A CHIEF CO-SPONSOR              WATSON                
   APR-10-2002  S  ADDED AS A CO-SPONSOR                    BOWLES                
   APR-17-2002  S       ASSIGNED TO COMMITTEE               EXECUTIVE             
   APR-25-2002  S       DO PASS                             012-000-000   SEXC    
   APR-25-2002  S  PLACED ON CALENDAR ORDER OF 2ND READING  02-05-06              
   MAY-06-2002  S  SECOND READING                                                 
   MAY-06-2002  S  PLACED ON CALENDAR ORDER OF 3RD READING  02-05-07              
   MAY-07-2002  S  THIRD READING - PASSED                   055-000-000           
   MAY-07-2002  H  PASSED BOTH HOUSES                                             
   JUN-05-2002  H  SENT TO THE GOVERNOR                                           
   JUL-16-2002  H  GOVERNOR APPROVED                                              
   JUL-16-2002  H                            EFFECTIVE DATE 02-07-16              
   JUL-16-2002  H  PUBLIC ACT.............................. 92-0679               

   END OF INQUIRY 



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