SB 2111

At about 4:22 AM this morning the Illinois Senate concurred with the Illinois House on bill SB 2111, approving a revenues and reform package that will avert the Chicagoland transit fiscal cliff, structurally close budget gaps for the foreseeable future, and provide additional funding for the state's 63 transit agencies. Among the reforms are establishing a new oversight authority that will centralize service planning and fare-setting in Chicagoland and assigning powers to build transit-supportive development, among other major and unique policy changes.