HB1329ham001 95TH GENERAL ASSEMBLY

State Government Administration Committee

Filed: 3/1/2007

09500HB1329ham001 LRB095 10868 JAM 31794 a

AMENDMENT TO HOUSE BILL 1329

AMENDMENT NO. ______. Amend House Bill 1329 by replacing everything after the enacting clause with the following:

"Section 5. The State Property Control Act is amended by adding Section 8.4 as follows:

(30 ILCS 605/8.4 new)

Sec. 8.4. Limitation; approval by General Assembly. Notwithstanding any other provision of this Act or any other law to the contrary, neither the Administrator, the Governor, nor any other officer or employee of the executive branch of State government may sell, convey, transfer, or otherwise dispose of any State asset with a fair market value of over $50,000,000 without the specific approval of the General Assembly by law. The prohibition of this Section shall not be defeated by splitting a unitary asset and attempting to make the disposition in parts. Any attempted disposition that violates this Section is void.

Section 99. Effective date. This Act takes effect upon becoming law.".