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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB5247 Introduced 2/8/2012, by Rep. Arthur Turner SYNOPSIS AS INTRODUCED:
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Amends the Illinois Procurement Code. Makes a technical change in a Section
concerning insider information.
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| | A BILL FOR |
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| | HB5247 | | LRB097 19938 PJG 65229 b |
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| 1 | | AN ACT concerning finance.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Procurement Code is amended by |
| 5 | | changing Section 50-50 as follows:
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| 6 | | (30 ILCS 500/50-50)
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| 7 | | Sec. 50-50. Insider information. It is unlawful for any |
| 8 | | current or
former elected or appointed State official or State |
| 9 | | employee to knowingly use
confidential information available |
| 10 | | only by virtue of that
that office or employment
for actual or |
| 11 | | anticipated gain for themselves or another person. |
| 12 | | (Source: P.A. 90-572, eff. 2-6-98.)
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