SB2679 Engrossed

LRB095 05550 HLH 25640 b






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    AN ACT concerning local government.

 
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    Be it enacted by the People of the State of Illinois, 
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represented in the General Assembly: 


 
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    Section 5. The Metropolitan Transit Authority Act is 
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amended  by changing Section 19 as follows:
 



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    (70 ILCS 3605/19)  (from Ch. 111 2/3, par. 319)



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    Sec. 19. The governing and administrative body of the 
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Authority shall be a
board consisting of seven members, to be 
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known as Chicago Transit Board.
Members of the Board shall be 
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residents of the metropolitan area and persons of
recognized 
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business ability.  No member of the Board of the
Authority shall 
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hold any other office or employment under the Federal,
State or 
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any County or any municipal government except an honorary 
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office
without compensation or an office in the National Guard. 
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No employee of
the Authority shall hold any other office or 
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employment under the Federal,
State or any County or any 
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municipal government except an office with
compensation not 
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exceeding $15,000 $5,000 annually or a position in the National

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Guard or the United States military reserves.  Provided, 
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however,
that the Chairman may be a member of the Board of the 
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Regional Transportation
Authority. No member of the
Board or 
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employee of the Authority shall have any private financial

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interest, profit or benefit in any contract, work or business 
 


 






SB2679 Engrossed
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LRB095 05550 HLH 25640 b




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of the
Authority nor in the sale or lease of any property to or 
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from the
Authority.  The salary of each member of the initial 
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Board shall be
$15,000.00 per annum, and such salary shall not 
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be increased or diminished
during his or her term of office.  
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The salaries of successor members of the
Board shall be fixed 
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by the Board and shall not be increased or diminished
during 
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their respective terms of office.  No Board member shall be 
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allowed
any fees, perquisites or emoluments, reward or 
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compensation for his or her
services as a member or officer of 
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the Authority aside from his or her
salary or pension, but he 
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or she shall be reimbursed for actual expenses
incurred by him 
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or her in the performance of his or her duties.

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(Source: P.A. 84-939.)