Illinois bill would put leash on toll agency

Williamson, Tammy
October 1997
Bond Buyer;10/22/97, Vol. 322 Issue 30257, p3
Trade Publication
Reports on Illinois House Speaker Michael Madigan's introduction of a bill to make the State Toll Highway Authority take its annual budget to the General Assembly for approval and appropriation. Solution to the agency's violation of the state constitution for failure to submit its annual budget to the legislature; Lack of plans for the agency's outstanding debt.


Related Articles

  • Tollway road kill. Johnsson, Julie // Crain's Chicago Business;08/11/97, Vol. 20 Issue 32, p4 

    Focuses on the Illinois State Toll Highway Authority and its impact on state agencies. Indepth look at the budgeting of funds of state lawmakers; Details on a legal battle involving the agencies and lawmakers; Comments from executive director, general counsel and sole staffer at the Education...

  • Two Illinois House committees start joint hearings on toll highway issue. Williamson, Tammy // Bond Buyer;07/16/97, Vol. 321 Issue 30188, p2 

    Reports on the joint hearing of two committees of the Illinois House of Representatives starting July 16, 1997 to decide how to increase the accountability of the Toll Highway Authority to taxpayers without endangering its bondholders' interest. Response to a Cook County Circuit Court ruling...

  • Illinois agencies fear tollways's fate may be their own. Williamson, Tammy // Bond Buyer;07/23/97, Vol. 321 Issue 30193, p25 

    Focuses on the impact of Illinois lawmakers' oversight of the finances of Illinois State Toll Highway Authority to debt issuers. Proposal on the use of motor fuel taxes to provide security on the authority's toll revenue bonds; Special language put against the rulings in the tollway; Violations...

  • A debt pileup on the Illinois tollway. Crown, Judith // Crain's Chicago Business;02/10/97, Vol. 20 Issue 6, p4 

    Comments on financial problems being faced by the Illinois State Toll Highway Authority. Information on the debt load of the company; Plans of the company to construct tollway extensions in Will and Lake counties; Comments from Toll Highway Authority Chairman Julian D' Esposito.

  • Tollways. Dwyer, Ann // Crain's Chicago Business;06/09/97, Vol. 20 Issue 23, p26 

    Reports on a deadline given to Illinois Toll Highway Authority, by a Cook County judge, for violation of the State Constitution by spending money collected from motorists, without approval. Date of the deadline; Violation of the State Constitution; Appeal by lawyers expected.

  • Tollway takeover? A case of misplaced priorities.  // Crain's Chicago Business;08/04/97, Vol. 20 Issue 31, p12 

    Opinion. Discusses the plans which have been put in place to put the independent Illinois State Toll Highway Authority under the jurisdiction of state legislators. Aims to get more control over how the agency spends its budget; Information on a lawsuit which charges that the tollway's...

  • Illinois State Toll Highway Authority. Littman, Margaret // Crain's Chicago Business;08/04/97, Vol. 20 Issue 31, p42 

    Reports on how drivers have reacted to the news that the Illinois State Toll Highway Authority is considering destroying the Deerfield Toll Plaza. Long delays which drivers experience at the plaza.

  • Tollway hit on freebies. Crown, Judith // Crain's Chicago Business;7/29/96, Vol. 19 Issue 31, p1 

    Reports on a controversy over special passes issued by Illinois State Toll Highway to public officials for their free use of the tollway. State law's stipulation on such passes; Dollar amounts involved in the practice; Passes as a form of special treatment for a group of politicians who are in...

  • Illinois Agency Shelves Plans to Raise Tolls. Shields, Yvette // Bond Buyer;4/26/2002, Vol. 340 Issue 31374, p5 

    Reports the plan of the Illinois State Toll Highway Authority to increase tolls. Need for legislative approval for future hikes; Replacement of state-backed debt.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics