HALVORSON. 110 ILCS 805/3-38 from Ch. 122, par. 103-38 Amends the Public Community College Act. For purposes of authorizing leases, lease purchase options, or installment purchases of personal property if the district's board approves the transaction by a two-thirds vote and the term of the transaction and interest payable thereunder do not exceed, respectively, 5 years and 6%, provides that personal property includes computer hardware and software and all equipment, fixtures, renovations, and improvements to existing facilities that are necessary to accommodate computers. 98-02-20 S FIRST READING 98-02-20 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary