Huge infrastructure upgrades are on the way thanks to a capital program that will bring vital investment to communities throughout the state of Illinois. The bipartisan plan will provide nearly $45 billion in direct investment in Illinois’ aging transportation infrastructure, as well as include funds for construction projects for schools, public universities, sewer and water systems and state facilities.
Horizontal revenues generated under the plan, those that go to roads and bridge, can only be used to fund transportation projects thanks to the lock box amendment passed several years ago by Illinois voters. This means that taxpayers can rest assured that when they fill their gas tank, the money generated from those taxes will be a direct investment back in our roads.
Vertical projects – those to make improvements at schools, public universities and state facilities, among others – will be funded largely by a gaming expansion that includes six new casinos, and legal sports wagering in Illinois.
This bipartisan infrastructure investment plan will revitalize the state, helping to attract business, stimulate the economy and create jobs.