Illinois · House Bill 5349 · 103rd General Assembly

HIGH SPEED RAIL STOCK FUND

HB 5349 Sponsored by Sharon Chung Became law

  1. Introduced Feb 9, 2024
  2. In committee Feb 9, 2024
  3. Passed the House Apr 17, 2024
  4. Passed the Senate May 16, 2024
  5. To the governor Jun 13, 2024
  6. Became law Jul 19, 2024

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Department of Transportation Law of the Civil Administrative Code of Illinois. Provides that whenever the Department of Transportation enters into an agreement with any state or state agency, any public or private entity or quasi-public entity for the lease, rental, or use of locomotives, passenger railcars, and other rolling stock equipment or accessions, the Department may deposit such receipts into a…

Read the full title (223 words)

Amends the Department of Transportation Law of the Civil Administrative Code of Illinois. Provides that whenever the Department of Transportation enters into an agreement with any state or state agency, any public or private entity or quasi-public entity for the lease, rental, or use of locomotives, passenger railcars, and other rolling stock equipment or accessions, the Department may deposit such receipts into a separate escrow account. Allows funds in an escrow account holding lease payments, use fees, or rental payments to be withdrawn by the Department with the consent of the Midwest Fleet Pool Board, and deposited into the High-Speed Rolling Stock Fund. Provides that at the end of the term of an escrow account holding lease payments, use fees, or rental payments, the remaining balance shall be deposited in the High-Speed Rail Rolling Stock Fund. Provides that whenever the Department enters into an agreement with any carrier, state or state agency, any public or private entity, or quasi-public entity for costs related to procurement and maintenance of locomotives, passenger railcars, and other rolling stock equipment or accessions, the Department shall deposit such receipts into the High-Speed Rolling Stock Fund. Provides that the Department may make transfers or payments into the High-Speed Rail Rolling Stock Fund for the State's share of the costs related to locomotives, passenger railcars, and other rolling stock equipment.

Every action

31 steps, oldest first, as the legislature records them.

Show the 23 earlier steps
  1. HouseFiled with the Clerk by Rep. Sharon Chung
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. CommitteeAssigned to State Government Administration Committee · House State Government Administration
  5. CommitteeDo Pass / Short Debate State Government Administration Committee; 009-000-000 · House State Government Administration
  6. HouseAdded Chief Co-Sponsor Rep. Matt Hanson
  7. HousePlaced on Calendar 2nd Reading - Short Debate
  8. HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Sharon Chung
  9. CommitteeHouse Floor Amendment No. 1 Referred to Rules Committee · House Rules
  10. CommitteeHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000 · House Rules
  11. HouseSecond Reading - Short Debate
  12. HouseHouse Floor Amendment No. 1 Adopted
  13. HousePlaced on Calendar Order of 3rd Reading - Short Debate
  14. HouseThird Reading - Short Debate - Passed 108-000-000
  15. SenateArrive in Senate
  16. SenatePlaced on Calendar Order of First Reading April 30, 2024
  17. SenateChief Senate Sponsor Sen. Steve Stadelman
  18. SenateFirst Reading
  19. CommitteeReferred to Assignments · Senate Assignments
  20. CommitteeAssigned to Transportation · Senate Transportation
  21. SenateRule 2-10 Committee Deadline Established As May 10, 2024
  22. CommitteeDo Pass Transportation; 014-000-000 · Senate Transportation
  23. SenatePlaced on Calendar Order of 2nd Reading May 9, 2024
  1. SenateSecond Reading
  2. SenatePlaced on Calendar Order of 3rd Reading
  3. SenateThird Reading - Passed; 059-000-000
  4. HousePassed Both Houses
  5. HouseSent to the Governor
  6. HouseGovernor Approved
  7. HouseEffective Date January 1, 2025
  8. HousePublic Act . . . . . . . . . 103-0707

Roll calls

4 recorded votes: 2 on the floor, 2 in committee. Each shows how every member voted.

Third Reading · Full House

Passed 108–0
Apr 17, 2024 · journal entry
Yes 108 No 0 Not voting 10
Democrats: 74 yes, 0 no Republicans: 34 yes, 0 no
How each member voted

Yes · 108

Not voting · 5

Absent · 1

Excused · 4

Third Reading · Full Senate

Passed 59–0
May 16, 2024 · journal entry
Yes 59 No 0
Democrats: 40 yes, 0 no Republicans: 19 yes, 0 no
How each member voted

Yes · 59

Committee and other votes

DateWhereQuestionResult
Mar 21, 2024 House State Government Administration State Government Administration - Do Pass
Members

Yes · 9

 Passed 9–0
May 7, 2024 Senate Transportation Transportation - Do Pass
Members

Yes · 14

Not voting · 4

 14–0

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Democrat.

All 1 cosponsor

From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.