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92_HB1765 LRB9206536LDpr 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 Metropolitan Transit Authority Act is 5 amended by changing Section 19 as follows: 6 (70 ILCS 3605/19) (from Ch. 111 2/3, par. 319) 7 Sec. 19. The governing and administrative body of the 8 Authority shall be a board consisting of seven members, to be 9 known as Chicago Transit Board. Members of the Board shall be 10 residents of the metropolitan area and persons of recognized 11 business ability. No member of the Board of the Authority 12 shall hold any other office or employment under the Federal, 13 State or any County or any municipal government except an 14 honorary office without compensation or an office in the 15 National Guard. No employee of the Authority shall hold any 16 other office or employment under the Federal, State or any 17 County or any municipal government except an office with 18 compensation not exceeding $10,000$5,000annually or a 19 position in the National Guard or the United States military 20 reserves. Provided, however, that the Chairman may be a 21 member of the Board of the Regional Transportation Authority. 22 No member of the Board or employee of the Authority shall 23 have any private financial interest, profit or benefit in any 24 contract, work or business of the Authority nor in the sale 25 or lease of any property to or from the Authority. The 26 salary of each member of the initial Board shall be 27 $15,000.00 per annum, and such salary shall not be increased 28 or diminished during his or her term of office. The salaries 29 of successor members of the Board shall be fixed by the Board 30 and shall not be increased or diminished during their 31 respective terms of office. No Board member shall be allowed -2- LRB9206536LDpr 1 any fees, perquisites or emoluments, reward or compensation 2 for his or her services as a member or officer of the 3 Authority aside from his or her salary or pension, but he or 4 she shall be reimbursed for actual expenses incurred by him 5 or her in the performance of his or her duties. 6 (Source: P.A. 84-939.)