70 ILCS 3615/3B.09: General powers.

The Commuter Rail Board shall use powers delegated to it by the Authority to oversee the delivery of public transportation in the metropolitan region. However, the Authority shall retain primary responsibility for setting fares, service standards, schedules, and coordinated fare collection so that the public transportation system in the metropolitan region operates on a one-network, one-timetable, one-ticket model for transit users.

In addition to any powers elsewhere provided to the Commuter Rail Board, it shall have all of the powers specified in Section 2.20 of this Act except for the powers specified in Section 2.20(a)(v).

The Commuter Rail Division shall honor all outstanding bond debt issued by the Commuter Rail Division on the terms that the bonds were issued. The Commuter Rail Division shall not have the power to issue new bond debt other than working cash notes as provided in Section 3B.12, or debt or other financial instruments designed to refinance or retire debt that was issued and outstanding on the effective date of this amendatory Act of the 104th General Assembly.

The Commuter Rail Board shall also have the power:

(a) to cooperate with the Authority in the exercise by the Authority of all the powers granted it by such Act;

(b) to receive funds from the Authority pursuant to Sections 2.02, 4.01, 4.02, 4.09 and 4.10;

(c) to receive financial grants from the Authority or a Service Board upon such terms and conditions as shall be set forth in a grant contract between either the Commuter Rail Division and the Authority or the Commuter Rail Division and another Service Board, which contract or agreement may be for such number of years or duration as the parties may agree; and

(d) (blank);

(e) to oversee the operations and management of the Commuter Rail Division;

(f) to convey the Authority's goals, priorities, and requirements to the Division; and

(g) to convey information, concerns, and recommendations from the Division to Authority leadership.