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92_HB1498 LRB9202095DHtm 1 AN ACT in regard to highways. 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 directors appointed by the Governor, one 8suchdirector 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 12 Governor for incompetency, neglect of duty or malfeasance. 13 The chairman shall preside at all meetings of the Board 14 of Directors of the Authority; shall exercise general 15 supervision over all powers, duties, obligations and 16 functions of the Authority; and shall approve or disapprove 17 all resolutions, by-laws, rules, rates and regulations made 18 and established by the Board of Directors, and if he shall 19 approve thereof, he shall sign the same, and such as he shall 20 not approve he shall return to the Board of Directors with 21 his objections thereto in writing at the next regular meeting 22 of the Board of Directors occurring after the passage 23 thereof. Such veto may extend to any one or more items 24 contained in such resolution, by-law, rule, rate or 25 regulation, or to its entirety; and in case the veto extends 26 to a part of such resolution, by-law, rule, rate or 27 regulation, the residue thereof shall take effect and be in 28 force, but in case the chairman shall fail to return any 29 resolution, by-law, rule, rate or regulation with his 30 objections thereto by the time aforesaid, he shall be deemed 31 to have approved the same, and the same shall take effect -2- LRB9202095DHtm 1 accordingly. Upon the return of any resolution, by-law, rule, 2 rate or regulation by the chairman, the vote by which the 3 same was passed shall be reconsidered by the Board of 4 Directors, and if upon such reconsideration two-thirds of all 5 the Directors agree by yeas and nays to pass the same, it 6 shall go into effect notwithstanding the chairman's refusal 7 to approve thereof. 8 The chairman shall receive a salary of $18,000 per annum, 9 or as set by the Compensation Review Board, whichever is 10 greater, payable in monthly installments, together with 11 reimbursement for necessary expenses incurred in the 12 performance of his duties. The chairman shall be eligible for 13 reappointment. 14 (Source: P.A. 83-1177.)