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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 HB4386 Introduced 1/16/2024, by Rep. Jay Hoffman SYNOPSIS AS INTRODUCED: | | | Amends the Illinois Procurement Code. Makes a technical change in a Section concerning State policy. |
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| | A BILL FOR |
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| | HB4386 | | LRB103 36709 MXP 66819 b |
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1 | | AN ACT concerning finance. |
2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly: |
4 | | Section 5. The Illinois Procurement Code is amended by |
5 | | changing Section 1-5 as follows: |
6 | | (30 ILCS 500/1-5) |
7 | | Sec. 1-5. Public policy. It is the the purpose of this Code |
8 | | and is declared to be the policy of the State that the |
9 | | principles of competitive bidding and economical procurement |
10 | | practices shall be applicable to all purchases and contracts |
11 | | by or for any State agency. |
12 | | (Source: P.A. 90-572, eff. date - See Sec. 99-5.) |