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IL HB5160
Bill
Status
Failed
1/8/2013
Primary Sponsor
Kelly Burke
Click for details
AI Summary
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Amends the Illinois Procurement Code (30 ILCS 500/1-10) to exempt contracts entered into by the Illinois Finance Authority for financing transactions where the State of Illinois is not obligated.
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Requires Illinois Finance Authority contracts to be awarded through a competitive process authorized by the Board of the Illinois Finance Authority and subject to specific procurement code sections (50-13, 50-35, and 50-37).
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Takes effect immediately upon becoming law.
Legislative Description
PROCUREMENT-IFA CONTRACTS
Last Action
Session Sine Die
1/8/2013
Committee Referrals
Rules2/8/2012
Full Bill Text
No bill text available