SB 3186

Abstract

Amends the Toll Highway Act. Provides that, if the Governor or the General Assembly authorizes the Illinois State Toll Highway Authority and a private entity to enter into a public-private agreement with respect to the planning, design, construction, or other specified aspects of a toll highway project, the agreement is subject to the requirements of the Illinois Procurement Code and to other specified requirements with regard to the maximum term of the agreement, a public hearing, use of the proceeds, and other matters. Provides that at least 66% of the proceeds that the State realizes from a public-private agreement entered into under the Act must go to the counties that are traversed by the toll highway system. Makes corresponding changes in the Illinois Procurement Code. Effective immediately.