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92_HB4340
LRB9213756DHmg
1 AN ACT in relation to highways.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Highway Code is amended by
5 changing Section 5-902 as follows:
6 (605 ILCS 5/5-902) (from Ch. 121, par. 5-902)
7 Sec. 5-902. General purposes. The General Assembly
8 finds that the purpose of this legislation is to create the
9 authority for units of local government to adopt and
10 implement road improvement impact fee ordinances and
11 resolutions. The General Assembly further recognizes that the
12 imposition of such road improvement impact fees is designed
13 to supplement other funding sources so that the burden of
14 paying for road improvements can be allocated in a fair and
15 equitable manner. It is the intent of the General Assembly
16 to promote orderly economic growth throughout the State by
17 assuring that new development bears its fair share of the
18 cost of meeting the demand for road improvements through the
19 imposition of road improvement impact fees. It is also the
20 intent of the General Assembly to preserve the authority of
21 elected local government officials to adopt and implement
22 road improvement impact fee ordinances or resolutions which
23 adhere to the minimum standards and procedures adopted in
24 this Division by the State.
25 (Source: P.A. 86-97.)