Bill Text: IL HB4673 | 2017-2018 | 100th General Assembly | Introduced

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Bill Title: Amends the Illinois Procurement Code. Makes a technical change in a Section concerning concessions and leases of State property.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB4673 Detail]

Download: Illinois-2017-HB4673-Introduced.html

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100TH GENERAL ASSEMBLY State of Illinois 2017 and 2018 HB4673 Introduced , by Rep. Charles Meier SYNOPSIS AS INTRODUCED:
30 ILCS 500/53-10
Amends the Illinois Procurement Code. Makes a technical change in a Section concerning concessions and leases of State property.
LRB100 20153 RJF 35438 b
A BILL FOR
HB4673 LRB100 20153 RJF 35438 b
AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Procurement Code is amended by
changing Section 53-10 as follows:
(30 ILCS 500/53-10)
Sec. 53-10. Concessions and leases of State property and
no-cost contracts.
(a) Except for property under the the jurisdiction of a
public institution of higher education, concessions, including
the assignment, license, sale, or transfer of interests in or
rights to discoveries, inventions, patents, or copyrightable
works, may be entered into by the State agency with
jurisdiction over the property, whether tangible or
intangible.
(b) Except for property under the jurisdiction of a public
institution of higher education, all leases of State property
and concessions shall be reduced to writing and shall be
awarded under the provisions of Article 20, except that the
contract shall be awarded to the highest bidder or best bidder
or offeror when the State receives a lease payment, a
percentage of sales from the lessee, or in-kind support from
the lessee based on the return to the State.

HB4673 - 2 - LRB100 20153 RJF 35438 b
(c) Except for property under the jurisdiction of a public
institution of higher education, all no-cost procurements
shall be reduced to writing and shall be awarded under the
provisions of Article 20 of this Code. All awards of no-cost
procurements shall identify the estimated business value to the
lessee and the value to the State.
(Source: P.A. 100-43, eff. 8-9-17.)