Illinois General Assembly - Full Text of HB5423
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Full Text of HB5423  103rd General Assembly

HB5423 103RD GENERAL ASSEMBLY

 


 
103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
HB5423

 

Introduced 2/9/2024, by Rep. Brad Halbrook

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 105/5.1015 new
35 ILCS 505/8c new
605 ILCS 5/6-703 new

    Amends the Illinois Highway Code. Provides for the establishment and administration of the Township Rebuild Program by the Department of Transportation. Provides that the Department use the Township Rebuild Fund to award grants of no greater than $250,000 to townships with populations under 2,000 for the purpose of expanding machinery storage facilities. Amends the Motor Fuel Tax Law. Creates the Township Rebuild Fund as a special fund in the State Treasury. Provides that the Fund shall receive transfers from the Motor Fuel Tax Fund sufficient to provide awards to all eligible townships in the Illinois Township Rebuild Program. Amends the State Finance Act to make a corresponding addition. Provides that the Township Rebuild Program Fund shall be used according to the purposes described in the Transportation Funds provisions of the Revenue Article of the Illinois Constitution.


LRB103 38469 MXP 68605 b

 

 

A BILL FOR

 

HB5423LRB103 38469 MXP 68605 b

1    AN ACT concerning transportation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The State Finance Act is amended by adding
5Section 5.1015 as follows:
 
6    (30 ILCS 105/5.1015 new)
7    Sec. 5.1015. The Township Rebuild Program Fund.
 
8    Section 10. The Motor Fuel Tax Law is amended by adding
9Section 8c as follows:
 
10    (35 ILCS 505/8c new)
11    Sec. 8c. Township Rebuild Program Fund; creation;
12distribution of proceeds. The Township Rebuild Program Fund is
13hereby created as a special fund in the State treasury. The
14Fund shall receive transfers from the Motor Fuel Tax Fund
15sufficient to provide awards to all eligible townships. Moneys
16in the Fund shall be used by the Department of Transportation
17to provide grants to townships with populations under 2,000 in
18amounts not greater than $250,000 for the purposes of building
19or expanding machinery storage facilities. Moneys in the
20Township Rebuild Program Fund shall be used according to the
21purposes described in Section 11 of Article IX of the Illinois

 

 

HB5423- 2 -LRB103 38469 MXP 68605 b

1Constitution of 1970.
 
2    Section 15. The Illinois Highway Code is amended by adding
3Section 6-703 as follows:
 
4    (605 ILCS 5/6-703 new)
5    Sec. 6-703. Township Rebuild Program created.
6    (a) Following the effective date of this amendatory Act of
7the 103rd General Assembly, the Department shall administer
8the Illinois Township Rebuild Program. The Department shall
9adopt all necessary rules to administer the Program.
10    (b) The Department shall use moneys of the Township
11Rebuild Program Fund as created under Section 8c of the Motor
12Fuel Tax Law to review applicants and award grants to
13townships with populations under 2,000 for the purpose of
14expanding machinery storage facilities. Awards shall be
15distributed based on availability and shall be not greater
16than $250,000. Eligibility shall be determined by the
17Department and established through rules adopted by the
18Department. Moneys in the Township Rebuild Program Fund shall
19be used according to the purposes described in Section 11 of
20Article IX of the Illinois Constitution of 1970.