State of Illinois
92nd General Assembly
Legislation

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92_HB2361

 
                                               LRB9207119ARsb

 1        AN ACT in relation to toll 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  adding
 5    Section 36 as follows:

 6        (605 ILCS 10/36 new)
 7        Sec.  36.  Use  of  tolls  for particular segment of toll
 8    highway.  Revenues  generated  from  tolls  collected  on  an
 9    existing  segment  of a toll highway shall not be used to pay
10    any cost of a new segment that has not been constructed as of
11    the effective date of  this  Section,  unless  toll  revenues
12    collected  on the new segment will pay for 75% of the cost of
13    that new segment  within  the  time  period  over  which  the
14    Authority plans to finance the new segment's construction.

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