Illinois Compiled Statutes 30 ILCS 330 General Obligation Bond Act. Section 4

    (30 ILCS 330/4) (from Ch. 127, par. 654)

    Sec. 4. Transportation. The amount of $15,948,199,000 is authorized for use by the Department of Transportation for the specific purpose of promoting and assuring rapid, efficient, and safe highway, air and mass transportation for the inhabitants of the State by providing monies, including the making of grants and loans, for the acquisition, construction, reconstruction, extension and improvement of the following transportation facilities and equipment, and for the acquisition of real property and interests in real property required or expected to be required in connection therewith as follows:

    (a) $5,432,129,000 for State highways, arterial highways, freeways, roads, bridges, structures separating highways and railroads and roads, and bridges on roads maintained by counties, municipalities, townships or road districts for the following specific purposes:

        (1) $3,330,000,000 for use statewide,

        (2) $3,677,000 for use outside the Chicago urbanized

    area,

        (3) $7,543,000 for use within the Chicago urbanized

    area,

        (4) $13,060,600 for use within the City of Chicago,

        (5) $58,987,500 for use within the counties of Cook,

    DuPage, Kane, Lake, McHenry and Will,

        (6) $18,860,900 for use outside the counties of Cook,

    DuPage, Kane, Lake, McHenry and Will, and

        (7) $2,000,000,000 for use on projects included in

    either (i) the FY09-14 Proposed Highway Improvement Program as published by the Illinois Department of Transportation in May 2008 or (ii) the FY10-15 Proposed Highway Improvement Program to be published by the Illinois Department of Transportation in the spring of 2009; except that all projects must be maintenance projects for the existing State system with the goal of reaching 90% acceptable condition in the system statewide and further except that all projects must reflect the generally accepted historical distribution of projects throughout the State.

    (b) $5,379,670,000 for rail facilities and for mass transit facilities, as defined in Section 2705-305 of the Department of Transportation Law (20 ILCS 2705/2705-305), including rapid transit, rail, bus and other equipment used in connection therewith by the State or any unit of local government, special transportation district, municipal corporation or other corporation or public authority authorized to provide and promote public transportation within the State or two or more of the foregoing jointly, for the following specific purposes:

        (1) $4,283,870,000 statewide,

        (2) $83,350,000 for use within the counties of Cook,

    DuPage, Kane, Lake, McHenry and Will,

        (3) $12,450,000 for use outside the counties of Cook,

    DuPage, Kane, Lake, McHenry and Will, and

        (4) $1,000,000,000 for use on projects that shall

    reflect the generally accepted historical distribution of projects throughout the State.

    (c) $482,600,000 for airport or aviation facilities and any equipment used in connection therewith, including engineering and land acquisition costs, by the State or any unit of local government, special transportation district, municipal corporation or other corporation or public authority authorized to provide public transportation within the State, or two or more of the foregoing acting jointly, and for the making of deposits into the Airport Land Loan Revolving Fund for loans to public airport owners pursuant to the Illinois Aeronautics Act.

    (d) $4,653,800,000 for use statewide for State or local highways, arterial highways, freeways, roads, bridges, and structures separating highways and railroads and roads, and for grants to counties, municipalities, townships, or road districts for planning, engineering, acquisition, construction, reconstruction, development, improvement, extension, and all construction-related expenses of the public infrastructure and other transportation improvement projects which are related to economic development in the State of Illinois.

(Source: P.A. 97-771, eff. 7-10-12; 98-94, eff. 7-17-13; 98-781, eff. 7-22-14.)

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Last modified: February 18, 2015