Bill > HB4187

This bill amends the Illinois Department of Transportation Law to expand the Department's leasing authority, specifically for counties with a population over 3,000,000 (which would be Cook County). Currently, the Department is generally limited to leasing land for up to 5 years, but this bill creates exceptions for specific circumstances. The bill adds a new subsection that allows the Department to lease pedestrian infrastructure over a state highway for up to 35 years, but only for leases initially entered into within one year of the bill's effective date. The lease must be at fair market value and comply with all existing statutory requirements. This provision appears designed to provide more flexibility for long-term infrastructure projects, particularly in urban areas with complex transportation needs. By extending the potential lease term from 5 to 35 years for specific types of infrastructure and locations, the bill gives the Department of Transportation more options for managing and developing transportation-related properties.

Transportation and Infrastructure

https://www.ilga.gov/Legislation/BillStatus?DocNum=4187&GAID=18&DocTypeID=HB&SessionID=114&GA=104