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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB5321 Introduced 2/8/2012, by Rep. Barbara Flynn Currie SYNOPSIS AS INTRODUCED:
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| 20 ILCS 3105/9.02a | from Ch. 127, par. 779.02a |
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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that a provision concerning the Capital Development Board's authority to charge contract administration fees is repealed on June 30, 2016 (now, June 30, 2012).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.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB5321 | | LRB097 19691 PJG 64947 b |
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| 1 | | AN ACT concerning State government.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Capital Development Board Act is amended by |
| 5 | | changing Section 9.02a as follows:
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| 6 | | (20 ILCS 3105/9.02a) (from Ch. 127, par. 779.02a)
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| 7 | | (This Section is scheduled to be repealed on June 30, 2012)
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| 8 | | Sec. 9.02a. To charge contract administration
fees used to |
| 9 | | administer and process the terms of contracts awarded by this
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| 10 | | State. Contract administration fees shall not exceed
3% of the |
| 11 | | contract amount. This Section is repealed June 30, 2016
2012.
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| 12 | | (Source: P.A. 95-726, eff. 6-30-08.)
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| 13 | | Section 99. Effective date. This Act takes effect upon |
| 14 | | becoming law.
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