Bill Status of SB 2658   104th General Assembly


Short Description:  DOWNSTATE TRANSPORT-FUNDS

Senate Sponsors
Sen. Steve Stadelman

Last Action  View All Actions

DateChamber Action
  5/6/2025SenateReferred to Assignments

Statutes Amended In Order of Appearance
30 ILCS 740/2-3from Ch. 111 2/3, par. 663
30 ILCS 740/2-7from Ch. 111 2/3, par. 667

Synopsis As Introduced
Amends the Downstate Public Transportation Act. Increases the amount paid into the Downstate Public Transportation Fund from 3/32 of 80% of the net revenue realized from the Retailers' Occupation Tax Act, the Service Occupation Tax Act, the Use Tax Act, and the Service Use Tax Act within any municipality or county located wholly within the boundaries of a participant to (i) 3/32 of 100% of that net revenue from July 1, 2025 through July 1, 2033 and (ii) 4/32 of 100% of that net revenue on and after July 1, 2033. Makes changes concerning the amount each participant's annual appropriation from the Downstate Public Transportation Fund. Effective immediately.

Actions 
DateChamber Action
  5/6/2025SenateFiled with Secretary by Sen. Steve Stadelman
  5/6/2025SenateFirst Reading
  5/6/2025SenateReferred to Assignments

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