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Sen. Heather A. Steans
Filed: 3/15/2019
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1 | | AMENDMENT TO SENATE BILL 2153
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2 | | AMENDMENT NO. ______. Amend Senate Bill 2153 by replacing |
3 | | everything after the enacting clause with the following:
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4 | | "Section 5. The Illinois Procurement Code is amended by |
5 | | changing Section 40-25 as follows:
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6 | | (30 ILCS 500/40-25)
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7 | | Sec. 40-25. Length of leases.
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8 | | (a) Maximum term. Except as otherwise provided under |
9 | | subsection (a-5), leases shall be for a term not to exceed
10 |
10 | | years inclusive, beginning January, 1, 2010, of proposed |
11 | | contract renewals and shall include
a termination option in |
12 | | favor of the State after 5 years. The length of energy |
13 | | conservation program contracts or energy savings contracts or |
14 | | leases shall be in accordance with the provisions of Section |
15 | | 25-45.
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16 | | (a-5) Extended term. A lease for real property owned by the |
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| | 10100SB2153sam001 | - 2 - | LRB101 05490 RJF 57683 a |
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1 | | University of Illinois to be used by the University of Illinois |
2 | | at Chicago for an ambulatory surgical center, which would |
3 | | include both clinical services and retail space, may exceed 10 |
4 | | years in length where: (i) the lease requires the lessor to |
5 | | make capital improvements in excess of $100,000; and (ii) the |
6 | | Board of Trustees of the University of Illinois determines a |
7 | | term of more than 10 years is necessary and is in the best |
8 | | interest of the University. A lease under this subsection (a-5) |
9 | | may not exceed 30 years in length. |
10 | | (b) Renewal. Leases may include a renewal option. An
option |
11 | | to renew may be
exercised only when a State purchasing officer |
12 | | determines in
writing that renewal is in the best
interest of |
13 | | the State and notice of the exercise of the option is published |
14 | | in
the appropriate volume of the Procurement Bulletin at least |
15 | | 30 60 calendar days prior to
the exercise of the option.
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16 | | (c) Subject to appropriation. All leases shall recite that
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17 | | they are subject to termination
and cancellation in any year |
18 | | for which the General Assembly fails
to make an appropriation |
19 | | to
make payments under the terms of the lease.
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20 | | (d) Holdover. Beginning January 1, 2010, no lease may |
21 | | continue on a month-to-month or other holdover basis for a |
22 | | total of more than 6 months. Beginning July 1, 2010, the |
23 | | Comptroller shall withhold payment of leases beyond this |
24 | | holdover period. |
25 | | (Source: P.A. 100-23, eff. 7-6-17; 100-1047, eff. 1-1-19 .)".
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