Bill Status of HB4894  103rd General Assembly


Short Description:  UNIVERSITY-SURPLUS REAL ESTATE

House Sponsors
Rep. Jay Hoffman - Katie Stuart - Robert W. Pritchard

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 605/7.7 new


Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/14/2018HouseFiled with the Clerk by Rep. Jay Hoffman
  2/14/2018HouseChief Co-Sponsor Rep. Katie Stuart
  2/14/2018HouseFirst Reading
  2/14/2018HouseReferred to Rules Committee
  4/10/2018HouseAdded Chief Co-Sponsor Rep. Robert W. Pritchard
  1/8/2019HouseSession Sine Die