Illinois General Assembly - Full Text of HB3944
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Full Text of HB3944  98th General Assembly



HB3944 EngrossedLRB098 15510 NHT 50540 b

1    AN ACT concerning education.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Board of Higher Education Act is amended by
5adding Section 8.5 as follows:
6    (110 ILCS 205/8.5 new)
7    Sec. 8.5. Capital appropriation; facility renovations at
9    (a) With regard to a capital appropriation made on or after
10the effective date of this amendatory Act of the 98th General
11Assembly for new construction only, up to 10% of that
12appropriation may, at the request of a public university's
13board of trustees, be set aside in a separate fund held locally
14by the university for use in addressing capital renewal or
15deferred maintenance needs as they arise.
16    (b) The Board shall allow public universities to
17recalculate project requests for prioritization if they elect
18to utilize the capital renewal set-aside provided for in this
20    Section 99. Effective date. This Act takes effect July 1,