IL SB3300

Director of Central Management Services must assess state surplus real property to determine if it is unsellable in its current condition, considering factors including how long it has been surplus (properties held 5+ years presumed unsellable), annual maintenance costs relative to fair market value, and excessive liabilities.

Administrator must submit biennial reports to the Governor and General Assembly beginning February 1, 2022, and every even-numbered year thereafter, including the number of years each property has been vacant, appraised fair market value, annual maintenance costs, estimated demolition and remediation costs, sale attempts, and recommended actions.

Subject to General Assembly approval, the administrator is authorized to pursue recommended courses of action for properties listed in the report using funds from the Sustainable Ownership and Surplus Property Environmental Clean-up Fund.

Creates the Sustainable Ownership and Surplus Property Environmental Clean-up Fund as a special state treasury fund to be used for demolishing structures, conducting environmental remediation, and other disposal-related actions at surplus properties, protected from budget sweeps and transfers to other funds.

Administrator may adopt rules necessary to implement the requirements of this provision.