CTA/RTA-FUEL RISK MANAGEMENT
Summary
Amends the Metropolitan Transit Authority Act and the Regional Transportation Authority Act. Provides that the Regional Transportation Authority or a Service Board may enter into an option contract, forward contract, futures contract, swap, cap, or collar agreement with price floors or ceilings, or both, for fuel risk management purposes, subject to the approval of the Board of Directors of the Regional Transportation Authority.
Bill status
failed
3 of 5 stages cleared
Introduction
Mar 2012
Committee Review
Mar 2012
Senate Passage
Mar 2012
House Passage
Governor
Introduced Mar 28, 2012
Last action Jan 8, 2013
Floor votes · Senate Mar 28, 2012
How they voted
53–0
Passed · 5 other
Total votes 58
Mar 28, 2012
D
Democratic34
91% Yea
R
Republican24
91% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
1
Committee
7
Amendments
2
Jan 8, 2013
Senate · Failed
Session Sine Die
Mar 28, 2012
House · Referred to committee
Referred to Rules Committee
Mar 28, 2012
House · Introduced
Arrived in House
Mar 28, 2012
Senate · Passed
Senate Vote: pass (53-0-5)
Feb 29, 2012
Senate · Reported by committee
Do Pass as Amended Transportation; 008-000-000
Feb 28, 2012
Senate · Amendment adopted
Senate Committee Amendment No. 1 Adopted
Feb 24, 2012
Senate · Reported by committee
Senate Committee Amendment No. 1 Postponed - Transportation
Feb 23, 2012
Senate · Reported by committee
Senate Committee Amendment No. 1 Assignments Refers to Transportation
Feb 22, 2012
Senate · Referred to committee
Senate Committee Amendment No. 1 Referred to Assignments
Feb 22, 2012
Senate · Amendment offered
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Susan Garrett
Feb 7, 2012
Senate · Referred to committee
Assigned to Transportation
Feb 1, 2012
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Susan Garrett
DDemocratic
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