Illinois SB1445 amends the Downstate Public Transportation Act to redefine "operating revenues" to exclude income from advertising.
Illinois SB1445 modifies the Downstate Public Transportation Act by altering the definition of "operating revenues." Specifically, it excludes income from advertising from the list of sources considered operating revenues. This change affects how public transportation funding is categorized and reported, potentially impacting financial planning and reporting for public transportation entities in Illinois.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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