IL HB4894 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Property Control Act. Provides that the Board of Trustees of any public institution of higher education in this State is authorized to dispose of surplus real estate of that public institution of higher education. Specifies the manner in which a Board of Trustees may dispose of surplus real estate. Provides that a Board of Trustees may retain the proceeds from the sale, lease, or other transfer of all or any part of the real estate deemed surplus real estate in a separate account in the treasury of the institution for the purpose of deferred maintenance and emergency repair of institution property. Requires the Auditor General to examine the separate account to ensure the use or deposit of the proceeds in a manner consistent with the stated purpose. Defines "public institution of higher education". Effective immediately.

Tracking Information

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Title

UNIVERSITY-SURPLUS REAL ESTATE

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-04-10HouseAdded Chief Co-Sponsor Rep. Robert W. Pritchard
2018-02-14HouseReferred to Rules Committee
2018-02-14HouseFirst Reading
2018-02-14HouseChief Co-Sponsor Rep. Katie Stuart
2018-02-14HouseFiled with the Clerk by Rep. Jay Hoffman

Code Citations

ChapterArticleSectionCitation TypeStatute Text
306057.7New CodeSee Bill Text

Illinois State Sources


Bill Comments

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