ROAD FUND-PAYMENTS & TRANSFERS
Summary
Amends the General Obligation Bond Act. Removes provisions requiring transfer of funds from the Road Fund to pay the aggregate of the principal of, interest on, and premium on bonds authorized under Public Act 98-781. Amends the Regional Transportation Authority Act. Removes provisions authorizing transfer of the first $100,000,000 of specified occupation and use taxes to the Road Fund (rather than the General Revenue Fund). Makes conforming changes. Effective July 1, 2019.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2019
Last action Feb 15, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Feb 15, 2019
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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