94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB2316


 
Introduced 2/14/2005, by Rep. Michael J. Madigan - Barbara Flynn Currie - Jack D. Franks
 
SYNOPSIS AS INTRODUCED:
 		













30 ILCS 500/53-10









    Amends the Illinois Procurement Code.  Makes a technical change in a
Section concerning concessions and leases of State property.
















LRB094 03305 RCE 33306 b

















 


 


A BILL FOR









 











HB2316

LRB094 03305 RCE 33306 b






1
    AN ACT concerning finance.

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


 
4
    Section 5. The Illinois Procurement Code is amended by 
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changing Section 53-10 as follows:
 



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    (30 ILCS 500/53-10)



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    Sec. 53-10. Concessions and leases of State property. 

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    (a) Except for property under the
the jurisdiction of a 
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public institution of
higher education, concessions, including 
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the assignment, license, sale, or
transfer of
interests in or 
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rights to discoveries, inventions, patents, or copyrightable

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works, may be entered into by the State agency with 
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jurisdiction over the
property, whether tangible or 
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intangible.
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    (b) Except for property under the jurisdiction of a public 
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institution of
higher education, all concessions shall be 
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reduced to writing and shall be
awarded under
the provisions of 
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Article 20, except that the contract shall be awarded to the

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highest and best bidder or offeror.

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(Source: P.A. 90-572, eff. date - See Sec. 99-5.)