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90_HB0387 20 ILCS 3105/4.06 new 20 ILCS 405/67.02 rep. Amends the Capital Development Board Act. Includes in the list of the purposes of the Board reviewing and approving or denying State executive branch agency real estate lease and purchase requests. Authorizes the Board to recommend and, upon agency request, implement real estate transactions in the State's best current and future interests. Removes the authority of the Department of Central Management Services in implementing State agency real estate transactions. Effective immediately. LRB9001354KDcd LRB9001354KDcd 1 AN ACT concerning State real estate transactions. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Capital Development Board Act is amended 5 by adding Section 4.06 as follows: 6 (20 ILCS 3105/4.06 new) 7 Sec. 4.06. To develop and implement policies governing 8 State executive branch agency real estate transactions. The 9 Board shall review all State executive branch agency real 10 estate requests submitted by a liaison designated by each 11 State executive branch agency. The liaison shall submit all 12 agency requests for the acquisition by lease or purchase of 13 office and storage space, buildings, land, and other 14 facilities. The Board shall approve or deny each request in 15 writing in a timely manner. In denying a request, the Board 16 may recommend an alternate transaction. No State agency may 17 acquire office and storage space, buildings, land, or other 18 facilities by lease or purchase without written approval by 19 the Board. Alternate transactions may include those 20 recommended under subsection (b). 21 (b) Upon its own initiative or upon the request of a 22 State executive branch agency or agencies, the Board may 23 develop and recommend to the appropriate State agency or 24 agencies real estate transactions that most effectively and 25 efficiently serve the current and future needs of the State. 26 The Board is authorized to implement its recommendations upon 27 written consent of the State executive branch agency or 28 agencies involved. 29 (c) The Board shall determine lease durations and terms 30 and contract terms for various types of real estate 31 transactions to be used by State executive branch agencies in -2- LRB9001354KDcd 1 carrying out real estate transactions approved by the Board 2 under subsection (a). 3 (d) The Board shall not approve, recommend, or implement 4 any real estate transaction that directly or indirectly 5 financially benefits a current Board member, his or her 6 family, a person who has been a Board member within the 7 previous 10 years, the family of that previous Board member, 8 or any entity in which a current Board member, his or her 9 family, a person who has been a Board member in the previous 10 10 years, or his or her family has an ownership interest of 7 11 1/2% or more. As used in this Section, "family" means 12 parents, step-parents, spouse, siblings, children, and 13 step-children. 14 (e) Nothing in this Act shall impair any real estate 15 transaction, contract, or lease valid on the effective date 16 of this amendatory Act of 1997. 17 (20 ILCS 405/67.02 rep.) 18 Section 10. The Civil Administrative Code of Illinois is 19 amended by repealing Section 67.02. 20 Section 99. Effective date. This Act takes effect upon 21 becoming law.