92nd General Assembly
Summary of SB0800
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Senate Sponsors:
KLEMM.

House Sponsors:
KURTZ-OSMOND-BEAUBIEN-FRANKS-MATHIAS

Short description: 
HWY CD-DISTRICT ROAD TAXES                                                 

Synopsis of Bill as introduced:
        Amends the Illinois Highway Code.  Extends for 2 years the period      
   during which  a  road  district  or  consolidated  road  district  may      
   accumulate  up  to 50% of the taxes collected from a subdivision under      
   the provision  for  improvements  of  nondedicated  roads  within  the      
   subdivision  from  which  and  for  which  the  taxes  were collected.      
   Provides that in road districts and consolidated road  districts  that      
   are   permitted  to  accumulate  taxes  for  improvements  to  certain      
   nondedicated roads  within  a  subdivision,  the  total  accumulations      
   permitted  under  the provision may not exceed 50% (instead of 10%) of      
   the total funds held by the district  for  road  purposes.   Effective      
   immediately.                                                                
        SENATE AMENDMENT NO. 1.                                                
        Extends for 10 years (rather than for 2 years) the period  during      
   which  a road district or consolidated road district may accumulate up      
   to 50% of the taxes collected from a subdivision under the provision.       
        HOUSE AMENDMENT NO. 1.                                                 
        Deletes language  providing  that  the  total  tax  accumulations      
   permitted  under the provision may not exceed 50% (rather than 10%) of      
   the total funds held by an affected road district or consolidated road      
   district for road purposes.                                                 
 
Last action on Bill: PUBLIC ACT.............................. 92-0395

   Last action date: AUG-16-2001

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   1


   END OF INQUIRY 



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