Illinois General Assembly - Bill Status for HB5480

Repeals the Public Private Agreements for the Illiana Expressway Act. Creates the Joliet Bridge Act. Provides that the Illinois Department of Transportation on behalf of the State, pursuant to a competitive request for proposals process governed by the Illinois Procurement Code and rules adopted under that Code and the new Act, may enter into one or more public-private agreements with one or more contractors to develop, finance, construct, manage, or operate the Joliet Bridge on behalf of the State, and further pursuant to which the contractors may receive certain revenues including user fees in consideration of the payment of money to the State for that right. Contains provisions concerning: procurement; prequalification; provisions of the agreement; interim agreements; termination; proceeds; the creation of the Joliet Bridge Proceeds Fund as a special fund in the State treasury; user fees; selection of design firms; other contracts; planning; reporting; publication; tolls; audits; property acquisition; standards; finance; labor; law enforcement; preemption of home rule; and severability. Makes corresponding changes in the Department of Transportation Law of the Civil Administrative Code of Illinois; the Illinois Finance Authority Act; the State Finance Act; the Public Construction Bond Act; the Employment of Illinois Workers on Public Works Act; the Business Enterprise for Minorities, Women, and Persons with Disabilities Act; the Retailers' Occupation Tax Act; the Property Tax Code; the Public-Private Partnerships for Transportation Act; the Eminent Domain Act; and the Prevailing Wage Act.

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