|
| | SB2903 Engrossed | | LRB098 16070 MLW 51124 b |
|
|
1 | | AN ACT concerning government.
|
2 | | Be it enacted by the People of the State of Illinois,
|
3 | | represented in the General Assembly:
|
4 | | Section 1. Short title. This Act may be cited as the |
5 | | Illinois State Fairgrounds Foundation Act.
|
6 | | Section 5. Creation of Illinois State Fairgrounds |
7 | | Foundation. |
8 | | (a) The General Assembly authorizes the Department of |
9 | | Agriculture, in accordance with Section 10 of the State Agency |
10 | | Entity Creation Act, to create the Illinois State Fairgrounds |
11 | | Foundation. Under this authority, the Department of |
12 | | Agriculture shall create the Illinois State Fairgrounds |
13 | | Foundation as a not-for-profit foundation. The Department |
14 | | shall file articles of incorporation as required under the |
15 | | General Not For Profit Corporation Act of 1986 to create the |
16 | | Foundation. |
17 | | (b) The Foundation's Board of Directors shall be appointed |
18 | | as follows: |
19 | | (1) 2 by the President of the Senate, 1 for a 2-year |
20 | | term and 1 for a 4-year term; |
21 | | (2) 2 by the Minority Leader of the Senate, 1 for a |
22 | | 2-year term and 1 for a 4-year term; |
23 | | (3) 2 by the Speaker of the House of Representatives, 1 |
|
| | SB2903 Engrossed | - 2 - | LRB098 16070 MLW 51124 b |
|
|
1 | | for a 2-year term and 1 for a 4-year term; |
2 | | (4) 2 by the Minority Leader of the House of |
3 | | Representatives, 1 for a 2-year term and 1 for a 4-year |
4 | | term; and |
5 | | (5) 4 by the Governor, 2 for a 2-year term each and 2 |
6 | | for a 4-year term each. |
7 | | (c) At the expiration of the 2-year terms and the 4-year |
8 | | terms, each successive appointment shall be for a 4-year term. |
9 | | Vacancies shall be filled by the official who made the prior |
10 | | appointment. The Director of Agriculture shall chair the Board |
11 | | of Directors of the Foundation. No member of the Board of |
12 | | Directors may receive compensation for his or her services to |
13 | | the Foundation.
|
14 | | Section 10. Foundation purposes. The purposes of the |
15 | | Foundation are: to promote, support, assist, sustain, and |
16 | | encourage the charitable, educational, scientific, and |
17 | | agricultural programs, projects, and policies of the |
18 | | Department of Agriculture and the Illinois State Fair; to |
19 | | solicit and accept aid or contributions consistent with the |
20 | | stated intent of the donor and the goals of the Foundation, |
21 | | including, but not limited to, capital funding for the |
22 | | improvement, maintenance, or construction of buildings and |
23 | | facilities at the Illinois State Fairgrounds located in |
24 | | Springfield and DuQuoin; to accept grants for the acquisition, |
25 | | construction, improvement, and development of potential |
|
| | SB2903 Engrossed | - 3 - | LRB098 16070 MLW 51124 b |
|
|
1 | | Foundation projects; to solicit and generate private funding |
2 | | and donations that assist in enhancing and preserving Illinois' |
3 | | agricultural heritage and State Fairgrounds, both in |
4 | | Springfield and DuQuoin, and the infrastructure, including |
5 | | roads, buildings, permanent exhibits, grounds, and facilities |
6 | | at both Fairgrounds; and to engage generally in other lawful |
7 | | endeavors consistent with the foregoing purposes. The |
8 | | Foundation shall operate within the provisions of the General |
9 | | Not For Profit Corporation Act of 1986.
|
10 | | Section 15. Organization, powers, and duties of the |
11 | | Foundation. |
12 | | (a) As soon as practical after the Foundation is created, |
13 | | the Board of Directors shall meet, organize, and designate, by |
14 | | majority vote, a treasurer, secretary, and any additional |
15 | | officers that may be needed to carry out the activities of the |
16 | | Foundation, and shall adopt bylaws of the Foundation. The |
17 | | Department of Agriculture may adopt other rules deemed |
18 | | necessary to govern Foundation procedures. |
19 | | (b) The Foundation may accept gifts or grants from the |
20 | | federal government, its agencies or officers, or from any |
21 | | person, firm, or corporation, and may expend receipts on |
22 | | activities that it considers suitable to the performance of its |
23 | | duties under this Act and consistent with any requirement of |
24 | | the grant, gift, or bequest. Funds collected by the Foundation |
25 | | shall be considered private funds, except those received from |
|
| | SB2903 Engrossed | - 4 - | LRB098 16070 MLW 51124 b |
|
|
1 | | public entities, and shall be held in an appropriate account |
2 | | outside of the State Treasury. Private funds collected by the |
3 | | Foundation are not subject to the Public Funds Investment Act. |
4 | | The treasurer of the Foundation shall be custodian of all |
5 | | Foundation funds. The Foundation's accounts and books shall be |
6 | | set up and maintained in a manner approved by the Auditor |
7 | | General; and the Foundation and its officers shall be |
8 | | responsible for the approval of recording of receipts, approval |
9 | | of payments, and the proper filing of required reports. The |
10 | | Foundation may be assisted in carrying out its functions by |
11 | | personnel of the Department of Agriculture. The Department |
12 | | shall provide reasonable assistance to the Foundation to |
13 | | achieve the purposes of the Foundation. The Foundation shall |
14 | | cooperate fully with the boards, commissions, agencies, |
15 | | departments, and institutions of the State. The funds held and |
16 | | made available by the Illinois State Fairgrounds Foundation |
17 | | shall be subject to financial and compliance audits by the |
18 | | Auditor General in compliance with the Illinois State Auditing |
19 | | Act. |
20 | | (c) The Foundation shall not have any power of eminent |
21 | | domain. |
22 | | (d) The Foundation shall be considered a public body under |
23 | | the Prevailing Wage Act. Any project, including but not limited |
24 | | to improvement, maintenance, and construction of |
25 | | infrastructure, that is funded in whole or in part by the |
26 | | Foundation shall be considered a public work as defined by the |
|
| | SB2903 Engrossed | - 5 - | LRB098 16070 MLW 51124 b |
|
|
1 | | Prevailing Wage Act.
|
2 | | Section 20. Disclosure to donors of exemption from Public |
3 | | Funds Investment Act. The Foundation must provide a written |
4 | | notice to any entity providing a gift, grant, or bequest to the |
5 | | Foundation that the Foundation is not subject to the provisions |
6 | | of the Public Funds Investment Act which places limitations on |
7 | | the types of securities in which a public agency may invest |
8 | | public funds.
|
9 | | Section 99. Effective date. This Act takes effect upon |
10 | | becoming law.
|