Bill Text: IL HB5321 | 2011-2012 | 97th General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Amends the Capital Development Board Act. Provides that a provision concerning the Capital Development Board's authority to charge contract administration fees is repealed on June 30, 2016 (now, June 30, 2012). Effective immediately.

Sponsorship: Partisan Bill (Democrat 2)

Status: (Passed) 2012-07-13 - Public Act . . . . . . . . . 97-0786 [HB5321 Detail]

Download: Illinois-2011-HB5321-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 HB5321 Introduced , by Rep. Barbara Flynn Currie SYNOPSIS AS INTRODUCED:
20 ILCS 3105/9.02a from Ch. 127, par. 779.02a
Amends the Capital Development Board Act. Provides that a provision concerning the Capital Development Board's authority to charge contract administration fees is repealed on June 30, 2016 (now, June 30, 2012). Effective immediately.
LRB097 19691 PJG 64947 b
FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB5321 LRB097 19691 PJG 64947 b
AN ACT concerning State government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Capital Development Board Act is amended by
changing Section 9.02a as follows:
(20 ILCS 3105/9.02a) (from Ch. 127, par. 779.02a)
(This Section is scheduled to be repealed on June 30, 2012)
Sec. 9.02a. To charge contract administration fees used to
administer and process the terms of contracts awarded by this
State. Contract administration fees shall not exceed 3% of the
contract amount. This Section is repealed June 30, 2016 2012.
(Source: P.A. 95-726, eff. 6-30-08.)
Section 99. Effective date. This Act takes effect upon
becoming law.