House Sponsors: MADIGAN,MJ-SCHOENBERG-GASH-CROTTY AND LANG. Short description: TOLL HWY ACT-APPROPRIATIONS Synopsis of Bill as introduced: Amends the Toll Highway Act. Provides that the Illinois State Toll Highway Authority Fund shall be considered always appropriated for the purposes of repayment of debt service and other bond obligations (instead of for the purposes of disbursements). Provides that the ordinary and contingent expenses for the Illinois State Toll Highway Authority's annual operations are subject to annual appropriation by the General Assembly for each fiscal year. STATE DEBT IMPACT NOTE HB2321 would not affect the Toll Highway Authority's bonding authorization and has no direct impact on State indebtedness. PENSION IMPACT NOTE HB 2321 has no fiscal impact on any public pension fund or re- tirement system. HOUSE AMENDMENT NO. 1. Deletes everything after the enacting clause. Amends the same Section of the Toll Highway Act to make a technical change. STATE DEBT IMPACT NOTE, AMENDED No change from previous State Debt Impact note. FISCAL NOTE (Bureau of the Budget) There will be no direct impact on State expenditures or reve- nues. Indirect costs on the expenditures and revenues and on the State itself could be significant. FISCAL NOTE, AMENDED (Bureau of the Budget) HB2321 does not make substantive changes which increase or decrease State expenditures or revenues. FISCAL NOTE, H-AM 2 (Bureau of the Budget) No change from BOB fiscal note, as introduced. PENSION IMPACT NOTE, AMENDED No change from previous pension note. STATE DEBT IMPACT NOTE, H-AM 2 No change from previous State debt note. STATE DEBT IMPACT NOTE, H-AM 3 No change from previous State debt note. HOUSE AMENDMENT NO. 2. Adds reference to: 605 ILCS 10/18 from Ch. 121, par. 100-18 Provides that the Toll Highway Act shall constitute an irrevocable and continuing appropriation from the Illinois State Toll Highway Authority Fund for amounts to pay principal, interest, and other bond expenses and obligations (instead of the Fund being considered always appropriated for the purposes of repayment of debt service and other bond obligations). Provides that all other expenses, including ordinary and contingent expenses, are subject to annual appropriation by the General Assembly from the Fund (or from other funds as provided under a Section of the Act concerning repayment of State funds) for each fiscal year (instead of the ordinary and contingent expenses being subject to annual appropriation for each fiscal year). Provides that only those amounts appropriated to the Authority other than from the Fund shall be repaid. Effective immediately. HOUSE AMENDMENT NO. 4. Deletes the effective date provision. Last action on Bill: THIRD READING/STANDARD DEBATE/LOST 059-048-003 Last action date: 97-10-30 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 3 SENATE - 0 END OF INQUIRY Full Text Bill Status