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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB2700 Introduced 10/14/2025, by Sen. Christopher Belt SYNOPSIS AS INTRODUCED: | | | Amends the Local Mass Transit District Act. Provides that the board of trustees of any local mass transit district may: (1) initiate transit-oriented developments and trail-oriented developments; (2) partner with public bodies, private entities, non-profit organizations, or institutions for the purpose of these developments; (3) acquire real property or facilities for the purpose of these developments; (4) own, maintain, design, construct, reconstruct, improve, repair, operate, or lease any facilities for the purpose of these developments; (5) use funds and property of these districts for the purpose of these developments; and (6) borrow money, issue bonds, apply for grants, and enter into lease agreements or intergovernmental agreements for the purpose of these developments. |
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| | A BILL FOR |
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| | SB2700 | | LRB104 15426 RTM 28581 b |
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| 1 | | AN ACT concerning local government. |
| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly: |
| 4 | | Section 5. The Local Mass Transit District Act is amended |
| 5 | | by changing Section 5.08 as follows: |
| 6 | | (70 ILCS 3610/5.08 new) |
| 7 | | Sec. 5.08. Transit-oriented developments and |
| 8 | | trail-oriented developments. |
| 9 | | (a) As used in this Section, "transit-oriented |
| 10 | | developments" and "trail-oriented developments" include, |
| 11 | | without limitation, residential, commercial, mixed-use, |
| 12 | | governmental, or institutional or childcare facilities that |
| 13 | | are located near a transit station, bus stop, transit hub, |
| 14 | | transit node, or trail. |
| 15 | | (b) The board of trustees of any transit district may: |
| 16 | | (1) initiate transit-oriented developments and |
| 17 | | trail-oriented developments; |
| 18 | | (2) partner with public bodies, private entities, |
| 19 | | non-profit organizations, or institutions for the purpose |
| 20 | | of these types of developments; |
| 21 | | (3) acquire real property or facilities for the |
| 22 | | purpose of these types of developments; |
| 23 | | (4) own, maintain, design, construct, reconstruct, |