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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 SB3296 Introduced 2/7/2012, by Sen. Susan Garrett SYNOPSIS AS INTRODUCED: | | |
Amends the Illinois Procurement Code. Makes a technical change in a
Section concerning concessions and leases of State property.
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| | A BILL FOR |
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| | SB3296 | | LRB097 20004 PJG 65308 b |
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1 | | AN ACT concerning finance.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Procurement Code is amended by |
5 | | changing Section 53-10 as follows:
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6 | | (30 ILCS 500/53-10)
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7 | | Sec. 53-10. Concessions and leases of State property.
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8 | | (a) Except for property under the
the jurisdiction of a |
9 | | public institution of
higher education, concessions, including |
10 | | the assignment, license, sale, or
transfer of
interests in or |
11 | | rights to discoveries, inventions, patents, or copyrightable
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12 | | works, may be entered into by the State agency with |
13 | | jurisdiction over the
property, whether tangible or |
14 | | intangible. |
15 | | (b) Except for property under the jurisdiction of a public |
16 | | institution of
higher education, all leases of State property |
17 | | and concessions shall be reduced to writing and shall be
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18 | | awarded under
the provisions of Article 20, except that the |
19 | | contract shall be awarded to the
highest and best bidder or |
20 | | offeror.
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21 | | (Source: P.A. 96-795, eff. 7-1-10 (see Section 5 of P.A. 96-793 |
22 | | for the effective date of changes made by P.A. 96-795) .)
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