(30 ILCS 500/50-55)
Sec. 50-55.
Supply inventory.
Every State agency shall
inventory or stock no more
than a 12-month need of equipment, supplies, commodities, articles,
and other items, except as
otherwise authorized by the State agency's regulations. Every
State agency shall periodically
review its inventory to ensure compliance with this Section. If,
upon review, an agency
determines it has more than a 12-month supply of any equipment,
supplies, commodities, or
other items, the agency shall undertake transfers of the
oversupplied items or other action
necessary to maintain compliance with this Section. This Section
shall not apply to lifesaving
medications, mechanical spare parts, and items for which the
supplier requires a minimum order
stipulation.
(Source: P.A. 90-572, eff. 2-6-98.)
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