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91_HB3269
LRB9111655MWgc
1 AN ACT to amend the Downstate Public Transportation Act
2 by changing Section 2-7.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Downstate Public Transportation Act is
6 amended by changing Section 2-7 as follows:
7 (30 ILCS 740/2-7) (from Ch. 111 2/3, par. 667)
8 Sec. 2-7. Quarterly reports; annual audit.
9 (a) Any Metro-East Transit District participant shall,
10 no later than 30 days following the end of each month of any
11 fiscal year, file with the Department on forms provided by
12 the Department for that purpose, a report of the actual
13 operating deficit experienced during that quarter. The
14 Department shall, upon receipt of the quarterly report, and
15 upon determining that such operating deficits were incurred
16 in conformity with the program of proposed expenditures
17 approved by the Department pursuant to Section 2-11, pay to
18 any Metro-East Transit District participant such portion of
19 such operating deficit as funds have been transferred to the
20 Metro-East Transit Public Transportation Fund and allocated
21 to that Metro-East Transit District participant.
22 (b) Each participant other than any Metro-East Transit
23 District participant shall, 30 days before the end of each
24 quarter, file with the Department on forms provided by the
25 Department for such purposes a report of the projected
26 eligible operating expenses to be incurred in the next
27 quarter and 30 days before the third and fourth quarters of
28 any fiscal year a statement of actual eligible operating
29 expenses incurred in the preceding quarters. Within 45 days
30 of receipt by the Department of such quarterly report, the
31 Comptroller shall order paid and the Treasurer shall pay from
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1 the Downstate Public Transportation Fund to each participant
2 an amount equal to one-third of such participant's eligible
3 operating expenses; provided, however, that in Fiscal Year
4 1997, the amount paid to each participant from the Downstate
5 Public Transportation Fund shall be an amount equal to 47% of
6 such participant's eligible operating expenses and shall be
7 increased to 49% in Fiscal Year 1998, 51% in Fiscal Year
8 1999, 53% in Fiscal Year 2000, and 55% in Fiscal Year 2001
9 and thereafter, and in the case of rural mass transit
10 districts that lack local taxes or appropriations, the amount
11 paid to each participant shall be equal to 75% of the
12 eligible operating expenses in Fiscal Year 2002 and
13 thereafter; however, in any year that a participant receives
14 funding under subsection (i) of Section 2705-305 of the
15 Department of Transportation Law (20 ILCS 2705/2705-305),
16 that participant shall be eligible only for assistance equal
17 to the following percentage of its eligible operating
18 expenses: 42% in Fiscal Year 1997, 44% in Fiscal Year 1998,
19 46% in Fiscal Year 1999, 48% in Fiscal Year 2000, and 50% in
20 Fiscal Year 2001 and thereafter. Any such payment for the
21 third and fourth quarters of any fiscal year shall be
22 adjusted to reflect actual eligible operating expenses for
23 preceding quarters of such fiscal year. However, no
24 participant shall receive an amount less than that which was
25 received in the immediate prior year, provided in the event
26 of a shortfall in the fund those participants receiving less
27 than their full allocation pursuant to Section 2-6 of this
28 Article shall be the first participants to receive an amount
29 not less than that received in the immediate prior year.
30 (c) No later than 180 days following the last day of the
31 Fiscal Year each participant shall provide the Department
32 with an audit prepared by a Certified Public Accountant
33 covering that Fiscal Year. Any discrepancy between the
34 grants paid and one-third of the eligible operating expenses
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1 or in the case of the Bi-State Metropolitan Development
2 District the approved program amount shall be reconciled by
3 appropriate payment or credit. Beginning in Fiscal Year 1985,
4 for those participants other than the Bi-State Metropolitan
5 Development District, any discrepancy between the grants paid
6 and the percentage of the eligible operating expenses
7 provided for by paragraph (b) of this Section shall be
8 reconciled by appropriate payment or credit.
9 (Source: P.A. 91-239, eff. 1-1-00; 91-357, eff. 7-29-99;
10 revised 8-9-99.)