Governor Quinn recently issued an amendatory veto of SB 3507. You might remember that we previously reported on this bill that would have imposed a cap on the amount a township or municipality can charge for water and sewer tap-ons or connections. The maximum tap-on fee could not exceed 1/6 of the estimated annual charges (or two months) for water and sewer services. The bill had passed both houses, and would have taken effect on January 1, 2015.
The Governor's veto removes language that would limit municipal authority (the township limits remain in the bill). This is good news for municipalities many of which were concerned about how the bill would affect special service areas, bond issues, recapture agreements, and various other agreements, besides the significant impact it would have on municipal revenues.
Post Authored by Julie Tappendorf