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90_HB0417 New Act 20 ILCS 405/67.02 rep. Creates the State Real Estate Board Act and amends the Civil Administrative Code of Illinois. Establishes a State Real Estate Board, composed of 5 Governor-appointees and the State Treasurer, to review and approve or deny State executive branch agency real estate lease and purchase requests. Authorizes the Board to recommend and, upon agency request, implement real estate transactions in the State's best current and future interests. Removes the authority of the Department of Central Management Services in implementing State agency real estate transactions. Effective immediately. LRB9001355KDsb LRB9001355KDsb 1 AN ACT concerning State real estate transactions. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 1. Short title. This Act may be cited as the 5 State Real Estate Board Act. 6 Section 5. Definitions. As used in this Act: 7 "Board" means the State Real Estate Board created by this 8 Act. 9 "State agency" means all agencies, authorities, boards, 10 commissions, departments, institutions, bodies politic, and 11 all other administrative units and outgrowths of the 12 executive branch of State government except the 13 constitutional officers, the State Board of Education, and 14 the State colleges and universities and their governing 15 bodies. 16 Section 10. Board created. 17 (a) The State Real Estate Board is created. The Board 18 shall consist of 5 experts in the Illinois real estate 19 industry, appointed by the Governor with the advice and 20 consent of the Senate, and the State Treasurer or his or her 21 designee, ex officio. 22 (b) Of the members initially appointed to the Board, 2 23 shall serve 3-year terms and 3 shall serve 4-year terms as 24 determined by the Governor. Subsequent appointed members 25 shall serve 4-year terms. Vacancies shall be filled for the 26 remainder of the unexpired term. If a term expires or a 27 vacancy occurs when the Senate is not in session, the 28 Governor's appointee may serve temporarily without 29 confirmation until the Senate is next in session and acts 30 upon his or her appointment. Members may be reappointed. -2- LRB9001355KDsb 1 (c) Members shall serve without compensation but shall 2 be reimbursed for actual expenses incurred in the performance 3 of their duties. 4 (d) The Board shall annually select a chairman from 5 among its members. A majority of the Board shall constitute 6 a quorum. 7 Section 15. Director; staff. The Board shall appoint an 8 executive director to perform its administrative functions. 9 The director shall serve at the pleasure of the Board at an 10 annual compensation determined by the Board. The director 11 may employ staff as he or she deems necessary from funds 12 appropriated for that purpose. 13 Section 20. Agency real estate liaison. Each State 14 agency shall designate, from among existing officers or 15 staff, a liaison to the State Real Estate Board. The liaison 16 shall submit to the Board, in a manner prescribed by the 17 Board, all agency requests for the acquisition by lease or 18 purchase of office and storage space, buildings, land, and 19 other facilities. An agency shall not acquire office and 20 storage space, buildings, land, or other facilities by lease 21 or purchase without the written approval of the Board. 22 Section 25. Purpose of Board. 23 (a) The Board shall develop and implement policies 24 governing State agency real estate transactions. The Board 25 shall review all State agency real estate requests submitted 26 in accordance with Section 20 and shall approve or deny each 27 request in writing in a timely manner. In denying a request, 28 the Board may recommend an alternate transaction. Alternate 29 transactions may include those recommended under subsection 30 (b). 31 (b) Upon its own initiative or upon the request of a -3- LRB9001355KDsb 1 State agency or agencies, the Board may develop and recommend 2 to the appropriate State agency or agencies real estate 3 transactions that most effectively and efficiently serve the 4 current and future needs of the State. The Board is 5 authorized to implement its recommendations upon written 6 consent of the State agency or agencies involved. 7 (c) The Board shall determine lease durations and terms 8 and contract terms for various types of real estate 9 transactions to be used by State agencies in carrying out 10 real estate transactions approved by the Board under 11 subsection (a). 12 (d) The Board may promulgate and adopt all rules 13 necessary for the performance of its powers and duties under 14 this Act. 15 Section 30. Benefit to Board member prohibited. The 16 Board shall not approve, recommend, or implement any real 17 estate transaction that directly or indirectly financially 18 benefits a current Board member, his or her family, a person 19 who has been a Board member within the previous 10 years, the 20 family of that previous Board member, or any entity in which 21 a current Board member, his or her family, a person who has 22 been a Board member in the previous 10 years, or his or her 23 family has an ownership interest of 7 1/2% or more. As used 24 in this Section, "family" means parents, step-parents, 25 spouse, siblings, children, and step-children. 26 Section 35. Impairment of existing transactions. 27 Nothing in this Act shall impair any real estate transaction, 28 contract, or lease valid on the effective date of this Act. 29 (20 ILCS 405/67.02 rep.) 30 Section 90. The Civil Administrative Code of Illinois is 31 amended by repealing Section 67.02. -4- LRB9001355KDsb 1 Section 99. Effective date. This Act takes effect upon 2 becoming law.