Illinois General Assembly - Full Text of HB3273
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Full Text of HB3273  94th General Assembly

HB3273eng 94TH GENERAL ASSEMBLY



 


 
HB3273 Engrossed LRB094 09443 AMC 39691 b

1     AN ACT concerning finance.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Procurement Code is amended by
5 adding Section 20-100 as follows:
 
6     (30 ILCS 500/20-100 new)
7     Sec. 20-100. Monetary incentives. No invitation to bid, bid
8 request, request for proposals, or other contract bid
9 solicitation may request or require that a vendor provide or
10 offer the State any form of monetary incentive in addition to
11 the goods or services that are the subject of the contract. No
12 bid or offer may be evaluated for acceptance that includes the
13 provision or offer to the State of monetary incentives. No
14 contract may be awarded to an entity whose bid or offer
15 includes the provision or offer to the State of monetary
16 incentives. Monetary incentives include, but are not limited
17 to, cash payments, instant cash rebates, and contract signing
18 bonuses.