Bill > SB0850

This bill makes a technical amendment to the Public-Private Partnerships for Transportation Act by modifying Section 1 of the law. While the specific details of the change are not fully provided in the text, the bill appears to be making a minor, procedural update to the section concerning the short title of the act. Public-Private Partnerships (P3s) are collaborative arrangements between government agencies and private sector companies to finance, build, and operate transportation infrastructure projects, and this bill seems to be making a routine administrative adjustment to the legal language governing such partnerships in Illinois.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=850&GAID=18&DocTypeID=SB&SessionID=114&GA=104