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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 HB3650 Introduced , by Rep. Carol Ammons 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 certain contract administration
fees charged by the Capital Development Board do not apply to capital construction projects managed on behalf of a public university. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB3650 | | LRB099 09928 HLH 30144 b |
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1 | | AN ACT concerning revenue.
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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7 | | (This Section is scheduled to be repealed on June 30, 2016)
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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. No such fee shall be charged in connection |
12 | | with a capital construction project managed on behalf of a |
13 | | public university. Contract administration fees used to |
14 | | administer contracts associated with the legislative complex, |
15 | | as defined in Section 8A-15 of the Legislative Commission |
16 | | Reorganization Act of 1984, shall be deposited into the Capitol |
17 | | Restoration Trust Fund for the use of the Architect of the |
18 | | Capitol in the performance of his or her powers or duties. This |
19 | | Section is repealed June 30, 2016.
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20 | | (Source: P.A. 97-786, eff. 7-13-12; 97-1162, eff. 2-4-13.)
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21 | | Section 99. Effective date. This Act takes effect upon |
22 | | becoming law.
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