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92_SB0275
LRB9206400DHmg
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 Toll Highway Act is amended by adding
5 Section 20.2 as follows:
6 (605 ILCS 10/20.2 new)
7 Sec. 20.2. Comprehensive Strategic Financial Plan. The
8 Authority must submit to the General Assembly, not later than
9 January 1, 2002, a comprehensive strategic financial plan.
10 The plan must include detailed information regarding the
11 Authority's income, expenditures, debt, capital needs, and
12 the cost of any planned toll highway extensions. The
13 Authority must provide detailed and specific information
14 regarding how it will fund its debt, unmet capital needs, and
15 the planned toll highway extensions.
16 Section 99. Effective date. This Act takes effect upon
17 becoming law.
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