Senate Sponsors: LINK. Short description: TOLL AUTH-INSPECTOR & BONDS Synopsis of Bill as introduced: Amends the Toll Highway Act. Requires the Toll Highway Authority to appoint an Inspector General to investigate waste, fraud, or financial mismanagement in Authority operations involving Authority employees or contractors. Provides for the Inspector General's powers and duties. Makes failure to cooperate in specified ways with the investigation a Class A misdemeanor. Requires competitive bidding of Authority bond issuance service contracts over $25,000. Requires the Authority to use all surplus revenues to fund construction or repairs before issuing bonds to finance those activities. Requires the Authority to structure financing of new tollways and refinancing of debt to facilitate conversion of tollways into free State highways. Requires the Authority to report a schedule of that conversion to the Governor and General Assembly every 2 years. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status