Sen. Don Harmon

Filed: 4/17/2018





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2    AMENDMENT NO. ______. Amend Senate Bill 2362 by replacing
3everything after the enacting clause with the following:
4    "Section 5. The Illinois Procurement Code is amended by
5changing Section 40-25 as follows:
6    (30 ILCS 500/40-25)
7    Sec. 40-25. Length of leases.
8    (a) Maximum term. Except as otherwise provided under
9subsection (a-5), leases Leases shall be for a term not to
10exceed 10 years inclusive, beginning January, 1, 2010, of
11proposed contract renewals and shall include a termination
12option in favor of the State after 5 years. The length of
13energy conservation program contracts or energy savings
14contracts or leases shall be in accordance with the provisions
15of Section 25-45.
16    (a-5) Any lease for real property to be used by the



10000SB2362sam001- 2 -LRB100 17930 RJF 38505 a

1University of Illinois at Chicago for clinical services,
2ambulatory surgical services, and retail space may exceed 10
3years in length, but may not exceed 30 years in length,
4provided: (1) the lease requires the lessor to make capital
5improvements in excess of $100,000; and (2) the Board of
6Trustees of the University of Illinois determines a term of
7more than 10 years is necessary and is in the best interest of
8the public institution of higher education.
9    (b) Renewal. Leases may include a renewal option. An option
10to renew may be exercised only when a State purchasing officer
11determines in writing that renewal is in the best interest of
12the State and notice of the exercise of the option is published
13in the appropriate volume of the Procurement Bulletin at least
1460 calendar days prior to the exercise of the option.
15    (c) Subject to appropriation. All leases shall recite that
16they are subject to termination and cancellation in any year
17for which the General Assembly fails to make an appropriation
18to make payments under the terms of the lease.
19    (d) Holdover. Beginning January 1, 2010, no lease may
20continue on a month-to-month or other holdover basis for a
21total of more than 6 months. Beginning July 1, 2010, the
22Comptroller shall withhold payment of leases beyond this
23holdover period.
24(Source: P.A. 100-23, eff. 7-6-17.)".