IL HB4313 | 2015-2016 | 99th General Assembly

Status

Sponsorship: Partisan Bill (Republican 3)
Status: Introduced on October 14 2015 - 25% progression, died in committee
Action: 2016-04-08 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Property Control Act. Specifies that the administrator is authorized to dispose of the James R. Thompson Center in 3 ways. Allows the administrator to sell the real property by auction. Allows the administrator to sell or lease the real property pursuant to a competitive sealed bid. Allows the administrator to enter into a lease, a public-private partnership with a real estate developer, or other agreement that directly or indirectly gives the State a right to use, control, or possess some portion or interest in the real property. Provides that all moneys received from the sale or lease of the real property shall be deposited into the General Revenue Fund. Authorizes the administrator to enter into any agreements and execute any documents necessary. Provides that any agreement to sell or lease the real property must be entered into no later than 3 years after the effective date of this amendatory Act. Effective immediately.

Tracking Information

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Title

SELL/LEASE THOMPSON CENTER

Sponsors


History

DateChamberAction
2016-04-08HouseRule 19(a) / Re-referred to Rules Committee
2016-03-07HouseAdded Chief Co-Sponsor Rep. Sara Wojcicki Jimenez
2016-03-07HouseAdded Chief Co-Sponsor Rep. Tim Butler
2016-02-24HouseTo Sales and Other Taxes Subcommittee
2016-02-16HouseAssigned to Revenue & Finance Committee
2015-10-20HouseReferred to Rules Committee
2015-10-20HouseFirst Reading
2015-10-14HouseFiled with the Clerk by Rep. Jim Durkin

Code Citations

ChapterArticleSectionCitation TypeStatute Text
306057.7New CodeSee Bill Text

Illinois State Sources


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