Bill Status of HB3273 94th General Assembly
Short Description: FINANCE-TECH
Rep. Ruth Munson - JoAnn D. Osmond - Jack D. Franks - Elizabeth Coulson - Patricia Reid Lindner
| 1/9/2007||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Finance Act. Makes a technical change in a Section concerning the State Employees' Retirement System.
House Floor Amendment No. 1
|Adds reference to: |
|30 ILCS 500/20-100 new|
Deletes everything after the enacting clause. Amends the Illinois Procurement Code. Prohibits requiring or requesting monetary incentives from vendors in addition to the goods or services that are the subject of a contract.
| ||Fiscal Note (H-AM 1) (Gov. Forecasting & Accountability)|
| ||Will have no fiscal impact on the Commission on Government Forecasting & Accountability|
| ||Fiscal Note (H-AM 1) (Central Management Services)|
| ||The Department of Central Management Services anticipates that the fiscal impact from this bill, although impossible to quantify, would be significant. To the extent that special pricing incentives, discounts, credits, and signing bonuses are part of the RFP pricing process and to the extent that this in some cases is the only method available to a vendor to discount standard rates they are a necessary tool through which the State is able to negotiate the best possible rate. This prohibition would eliminate the State's ability to procure many goods or services utilizing these particular strategic opportunities, often standard in many industries, resulting in increased net cost of those goods or services.|