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| | SB0381 Enrolled | | LRB103 02789 LNS 47795 b |
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1 | | AN ACT concerning civil law. |
2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly: |
4 | | Section 5. The State Property Control Act is amended by |
5 | | adding Section 7.9 as follows: |
6 | | (30 ILCS 605/7.9 new) |
7 | | Sec. 7.9. Surplus real property assessment; report. |
8 | | (a) The administrator shall assess surplus real property, |
9 | | as defined under Section 7.1, and determine the marketability |
10 | | of the property in its current condition. The administrator |
11 | | shall consider the following factors in making an assessment |
12 | | under this Section: |
13 | | (1) the length of time the property has been |
14 | | designated as surplus real property; |
15 | | (2) the annual State maintenance and security costs; |
16 | | and |
17 | | (3) any excessive liabilities or other prominent |
18 | | concerns. |
19 | | (b) The administrator shall prepare a report based upon |
20 | | the assessment that includes all surplus real properties. The |
21 | | report shall further include: |
22 | | (1) the number of years each property has been vacant; |
23 | | (2) the annual maintenance costs the State incurs for |