HB3650 99TH GENERAL ASSEMBLY

LRB099 09928 HLH 30144 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB3650

Introduced , by Rep. Carol Ammons

SYNOPSIS AS INTRODUCED:

20 ILCS 3105/9.02a

from Ch. 127, par. 779.02a

Amends the Capital Development Board Act. Provides that certain contract administration fees charged by the Capital Development Board do not apply to capital construction projects managed on behalf of a public university. Effective immediately.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Capital Development Board Act is amended by changing Section 9.02a as follows:

(20 ILCS 3105/9.02a) (from Ch. 127, par. 779.02a)

(This Section is scheduled to be repealed on June 30, 2016)

Sec. 9.02a. To charge contract administration fees used to administer and process the terms of contracts awarded by this State. Contract administration fees shall not exceed 3% of the contract amount. No such fee shall be charged in connection with a capital construction project managed on behalf of a public university. Contract administration fees used to administer contracts associated with the legislative complex, as defined in Section 8A-15 of the Legislative Commission Reorganization Act of 1984, shall be deposited into the Capitol Restoration Trust Fund for the use of the Architect of the Capitol in the performance of his or her powers or duties. This Section is repealed June 30, 2016.

(Source: P.A. 97-786, eff. 7-13-12; 97-1162, eff. 2-4-13.)

Section 99. Effective date. This Act takes effect upon becoming law.