IL SB3277 | 2015-2016 | 99th General Assembly

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 19 2016 - 25% progression, died in committee
Action: 2016-04-22 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Public-Private Partnerships Act. Defines terms. Establishes the Office of Public-Private Partnerships within the Executive Branch. Provides that the Office shall provide public agencies, units of local government, and private entities assistance and expertise on public-private partnership agreements. Allows any public agency, with approval from the Office, to enter into a public-private partnership agreement with any private entity for improving transportation assets, public buildings, public services, or other public assets. Provides that within 90 days after the effective date of the Act, the Office shall establish procedures and guidelines for the submission, evaluation, and approval of projects. Creates the Local Alternative Procurement Fund as a special fund in the State treasury. Provides that money in the Local Alternative Procurement Fund shall be appropriated to public agencies and shall be used for the development, financing, and operation of transportation assets, public buildings, public services, and other public assets. Makes a corresponding change in the State Finance Act. Effective July 1, 2016.

Tracking Information

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Title

PUBLIC-PRIVATE PARTNERSHIP ACT

Sponsors


History

DateChamberAction
2016-04-22SenateRule 3-9(a) / Re-referred to Assignments
2016-04-08SenateRule 2-10 Committee Deadline Established As April 22, 2016
2016-03-08SenateAssigned to Commerce and Economic Development
2016-02-24SenateAdded as Chief Co-Sponsor Sen. Karen McConnaughay
2016-02-19SenateReferred to Assignments
2016-02-19SenateFirst Reading
2016-02-19SenateFiled with Secretary by Sen. Heather A. Steans

Code Citations

ChapterArticleSectionCitation TypeStatute Text
301055.875New CodeSee Bill Text

Illinois State Sources


Bill Comments

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