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State Government Administration Committee
Filed: 3/1/2007
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09500HB1329ham001 |
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LRB095 10868 JAM 31794 a |
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| AMENDMENT TO HOUSE BILL 1329
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| AMENDMENT NO. ______. Amend House Bill 1329 by replacing |
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| everything after the enacting clause with the following:
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| "Section 5. The State Property Control Act is amended by |
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| adding Section 8.4 as follows:
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| (30 ILCS 605/8.4 new) |
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| Sec. 8.4. Limitation; approval by General Assembly. |
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| Notwithstanding any other provision of this Act or any other |
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| law to the contrary, neither the Administrator, the Governor, |
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| nor any other officer or employee of the executive branch of |
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| State government may sell, convey, transfer, or otherwise |
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| dispose of any State asset with a fair market value of over |
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| $50,000,000 without the specific approval of the General |
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| Assembly by law. The prohibition of this Section shall not be |
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| defeated by splitting a unitary asset and attempting to make |
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| the disposition in parts. Any attempted disposition that |