SB 2549 Illinois Senate · 101st Regular Session

TOLL HIGHWAY-LAND DISCLOSURE

Summary
Amends the Toll Highway Act. Provides that the Toll Highway Authority may not enter into any contract relating to the ownership or use of real property unless the identity of every owner and beneficiary having any interest in the property and every member, shareholder, limited partner, or general partner entitled to receive more than 7.5% of the total distributable income of any limited liability company, corporation, or limited partnership having any interest in the property is disclosed. Deletes provisions related to: condemnation proceedings; beneficial interests; and written statements. Provides that the Authority must file the statement of record with the record of each county in which any part of the land is located within 7 (rather than 3) business days after the statement is filed with the Authority.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 29, 2020 Last action Jan 29, 2020
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 29, 2020
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

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