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IL SB2869
Bill
AI Summary
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Amends Section 3-105 of the Illinois Highway Code regarding federal highway construction aid funds placed in the State Road Fund
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Excludes money received from the federal Recreational Trails Program from being considered as highway construction aid or placed in the Road Fund
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Maintains existing provisions requiring the State to appropriate federal funds to counties with populations of 500,000 or more to retire bonded indebtedness from expressway construction
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Federal funds appropriated for expressway bond repayment shall be deposited in county treasuries for principal and interest payments on expressway bonds issued under County Code Division 5-34
Legislative Description
HWY CD-RECREATION TRAIL FUNDS
Last Action
Added Alternate Co-Sponsor Rep. Carol Ammons
5/23/2016