Sen. Paul Faraci
Filed: 3/21/2024
 
 

 
 

 
10300SB0691sam001LRB103 03144 AWJ 71355 a

1
AMENDMENT TO SENATE BILL 691 

2    AMENDMENT NO. ______. Amend Senate Bill 691 by replacing 
3everything after the enacting clause with the following:
 
4    "Section 5. The Counties Code is amended by changing 
5Section 5-14008 as follows:
 
6    (55 ILCS 5/5-14008)
7    Sec. 5-14008. Powers of commission; real property. The 
8joint regional planning commission may acquire, by purchase, 
9gift, or legacy, and hold real property for the purposes of the 
10joint regional planning commission, and may sell and convey 
11that property. The value of the real property shall be 
12determined by an appraisal performed by an appraiser licensed 
13under the Real Estate Appraiser Licensing Act of 2002 and who 
14is certified to appraise the type or types of property to be 
15valued. The appraisal report of the appraiser shall be 
16available for public inspection. The joint regional planning 
 
 
10300SB0691sam001- 2 -LRB103 03144 AWJ 71355 a

1commission may purchase the real property under contracts 
2providing for payment in installments over a period of time of 
3not more than 20 years and may finance the purchase of the real 
4property under finance contracts providing for payment in 
5installments over a period of time of not more than 20 years. 
6This Section applies only to a joint regional planning 
7commission if it consists of 3 or fewer counties that border 
8the Illinois River, where at least one of those counties has a 
9population of 180,000 or more.
10(Source: P.A. 98-196, eff. 8-9-13.)".