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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB3375
Introduced 2/26/2007, by Rep. Sandra M. Pihos SYNOPSIS AS INTRODUCED:
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Amends the Illinois Lottery Law. Provides that neither the Department of Revenue, the Lottery Control Board, the
Governor, nor any other officer or employee of the executive branch of
State government may sell, convey, lease, transfer, or otherwise dispose of
any asset of the State Lottery with a fair market value of over $1,000,000.
Further provides that the prohibition may not be defeated by splitting a
unitary asset and attempting to make the disposition in parts and that any
attempted disposition that violates the prohibition is void. Effective
immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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HB3375 |
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LRB095 09226 BDD 32257 b |
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| AN ACT concerning State government.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Illinois Lottery Law is amended by adding |
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| Section 27.5 as follows:
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| (20 ILCS 1605/27.5 new) |
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| Sec. 27.5. Disposal of assets. Notwithstanding any other |
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| provision of this Act or any other
law to the contrary, neither |
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| the Department, the Board, the Governor, nor
any other officer |
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| or employee of the executive branch of State
government may |
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| sell, convey, lease, transfer, or otherwise
dispose of any |
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| asset of the State Lottery with a fair market value
of over |
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| $1,000,000. The prohibition of this Section may not
be defeated |
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| by splitting a unitary asset and attempting to make
the |
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| disposition in parts. Any attempted disposition that
violates |
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| this Section is void.
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law.
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