Full Text of SB0940 98th General Assembly
SB0940 98TH GENERAL ASSEMBLY |
| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014 SB0940 Introduced 1/24/2013, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED: | | 605 ILCS 10/4 | from Ch. 121, par. 100-4 |
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Amends the Toll Highway Act. Makes a technical change in a Section regarding
directors.
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| | A BILL FOR |
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| 1 | | AN ACT concerning transportation.
| 2 | | Be it enacted by the People of the State of Illinois, | 3 | | represented in the General Assembly:
| 4 | | Section 5. The Toll Highway Act is amended by changing | 5 | | Section 4 as follows:
| 6 | | (605 ILCS 10/4) (from Ch. 121, par. 100-4)
| 7 | | Sec. 4.
Of the
the directors appointed by the Governor, one | 8 | | such director
shall be appointed by the Governor as chairman | 9 | | and shall hold office for
4 years from the date of his | 10 | | appointment, and until his successor shall
be duly appointed | 11 | | and qualified, but shall be subject to removal by the
Governor | 12 | | for incompetency, neglect of duty or malfeasance. | 13 | | The chairman shall preside at all meetings of the Board of | 14 | | Directors
of the Authority; shall exercise general supervision | 15 | | over all powers,
duties, obligations and functions of the | 16 | | Authority; and shall approve or
disapprove all resolutions, | 17 | | by-laws, rules, rates and regulations made
and established by | 18 | | the Board of Directors, and if he shall approve
thereof, he | 19 | | shall sign the same, and such as he shall not approve he
shall | 20 | | return to the Board of Directors with his objections thereto in
| 21 | | writing at the next regular meeting of the Board of Directors | 22 | | occurring
after the passage thereof. Such veto may extend to | 23 | | any one or more items
contained in such resolution, by-law, |
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| 1 | | rule, rate or regulation, or to
its entirety; and in case the | 2 | | veto extends to a part of such resolution,
by-law, rule, rate | 3 | | or regulation, the residue thereof shall take effect
and be in | 4 | | force, but in case the chairman shall fail to return any
| 5 | | resolution, by-law, rule, rate or regulation with his | 6 | | objections thereto
by the time aforesaid, he shall be deemed to | 7 | | have approved the same, and
the same shall take effect | 8 | | accordingly. Upon the return of any
resolution, by-law, rule, | 9 | | rate or regulation by the chairman, the vote
by which the same | 10 | | was passed shall be reconsidered by the Board of
Directors, and | 11 | | if upon such reconsideration two-thirds of all the
Directors | 12 | | agree by yeas and nays to pass the same, it shall go into
| 13 | | effect notwithstanding the chairman's refusal to approve | 14 | | thereof.
| 15 | | The chairman shall receive a salary of $18,000 per annum, | 16 | | or as set by
the Compensation Review Board, whichever is | 17 | | greater, payable in
monthly installments, together with | 18 | | reimbursement for necessary expenses
incurred in the | 19 | | performance of his duties. The chairman shall be
eligible for | 20 | | reappointment.
| 21 | | (Source: P.A. 83-1177.)
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