SB0381 EngrossedLRB103 02789 LNS 47795 b

1    AN ACT concerning civil law.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 3. The State Finance Act is amended by adding
5Section 5.990 as follows:
 
6    (30 ILCS 105/5.990 new)
7    Sec. 5.990. The Sustainable Ownership and Surplus Property
8Environmental Cleanup Fund.
 
9    Section 5. The State Property Control Act is amended by
10adding Section 7.9 as follows:
 
11    (30 ILCS 605/7.9 new)
12    Sec. 7.9. Long-vacant surplus real property.
13    (a) The Administrator shall assess surplus real property,
14as defined under Section 7.1, and determine whether such
15property is unsellable in its current assessed condition. The
16Administrator shall consider the following factors in making
17an assessment under this Section:
18        (1) the length of time the property has been
19    designated as surplus real property, with properties held
20    as such for more than 5 years being considered unsellable
21    for purposes of this Section, absent extenuating

 

 

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1    circumstances;
2        (2) the annual State maintenance and security costs in
3    relation to the property's estimated fair market value;
4    and
5        (3) any excessive liabilities or other prominent
6    concerns.
7    (b) The Administrator shall prepare a report based upon
8the assessment that includes all surplus real properties that
9the Administrator assessed as unsellable. The report shall
10further include:
11        (1) the number of years each property has been vacant;
12        (2) the assessed fair market value of each property,
13    as determined by an appraisal;
14        (3) the annual maintenance costs the State incurs for
15    each property;
16        (4) the estimated demolition and remediation costs of
17    each property;
18        (5) a statement describing any attempts made by the
19    Administrator to sell each property, including the issues
20    faced in attempting to sell each property; and
21        (6) a recommendation of the type of action the State
22    should take to address the issues on each property,
23    including an estimated cost of such work and a timeline to
24    complete such work.
25    (c) By February 1, 2024, and by February of every
26even-numbered year thereafter, the Administrator shall submit

 

 

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1the report prepared under this Section to the Governor and the
2General Assembly. Subject to approval by a joint resolution of
3the Senate and the House of Representatives, the Administrator
4is authorized to pursue the recommended course of action for
5each property specified in the report. The Administrator may
6use, subject to appropriation, funds held in the Sustainable
7Ownership and Surplus Property Environmental Cleanup Fund for
8demolition and environmental remediation costs at the proposed
9surplus properties and for any other action related to the
10disposal of properties specified in the report.
11    (d) The Sustainable Ownership and Surplus Property
12Environmental Cleanup Fund is created as a special fund in the
13State treasury. Subject to appropriation, moneys in the Fund
14shall be used by the Administrator for demolishing structures,
15conducting environmental remediation work, and other related
16actions at surplus real properties as authorized under this
17Section.
18    As used in this subsection (d), "structure" means any
19building, improvement, pipe system, or other engineered system
20or edifice built or constructed on the surplus real property.
21    (e) The Administrator may adopt rules necessary to
22implement and perform the requirements of this Section.
 
23    Section 99. Effective date. This Act takes effect upon
24becoming law.