SB3269 103RD GENERAL ASSEMBLY

LRB103 37457 MXP 67579 b

103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB3269

Introduced 2/6/2024, by Sen. Seth Lewis

SYNOPSIS AS INTRODUCED:

605 ILCS 5/5-917.1 new

Amends the Illinois Highway Code. Provides that if a unit of local government that has adopted and implemented a road improvement impact fee by ordinance or resolution and repeals the ordinance or resolution, the collected fees, along with any accrued interest, in the existing impact fee accounts may be transferred to a transportation account to be used for capacity-related improvements. Valid impact fee refunds shall be processed in accordance with the procedures set forth in the repealed ordinance or resolution.

A BILL FOR

AN ACT concerning transportation.

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

Section 5. The Illinois Highway Code is amended by adding Section 5-917.1 as follows:

(605 ILCS 5/5-917.1 new)

Sec. 5-917.1. Repeal of road improvement impact fee by ordinance or resolution. If a unit of local government that has adopted and implemented a road improvement impact fee by ordinance or resolution and repeals the ordinance or resolution, the collected fees, along with any accrued interest, in the existing impact fee accounts may be transferred to a transportation account to be used for capacity-related improvements. Valid impact fee refunds shall be processed in accordance with the procedures set forth in the repealed ordinance or resolution.