92nd General Assembly
Summary of SB0900
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Senate Sponsors:

House Sponsors:

Short description: 
SELL SIU AUBURN MEDICAL CENTER                                             

Synopsis of Bill as introduced:
        Allows the Board of Trustees of Southern Illinois  University  to      
   sell  or exchange for other real property of substantially equal value      
   its Auburn Medical Center property without compliance with  the  State      
   Property  Control Act.  Provides that the net proceeds received by the      
   Board from the sale or exchange shall be deposited by the  Board  into      
   the  Repair  and  Replacement Reserve Account of the Southern Illinois      
   University Medical  Facilities  System.   Amends  the  State  Property      
   Control  Act  to  exclude  the Auburn Medical Center property from the      
   definition of property.  Effective immediately.                             
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that the Board of Trustees must  sell  or  exchange  the      
   property before January 1, 2003.                                            
        HOUSE AMENDMENT NO. 2.                                                 
        Provides that the sale or exchange of the property must  be  made      
   in  full  compliance  with the State Property Control Act, except with      
   respect to depositing the net proceeds from the sale or exchange.           
Last action on Bill: PUBLIC ACT.............................. 92-0371

   Last action date: AUG-15-2001

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   2     SENATE -   0


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