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IL SB3827
Bill
Status
Introduced
1/21/2022
Primary Sponsor
Don Harmon
Click for details
AI Summary
- Amends the Illinois Procurement Code to permanently exempt the University of Illinois from procurement requirements when contracting for investment services
- Removes a temporary provision that had allowed University of Illinois investment service contracts expiring in June 2021 to be extended through June 2022 without following standard procurement rules
- Eliminates the prior requirement that contracts extended under the temporary exemption be published on the Executive Ethics Commission's website within 5 days of execution
- Creates an ongoing, permanent exemption rather than the previous time-limited exception that was set to become inoperative on July 1, 2022
Legislative Description
PROCUREMENT-HIGHER EDUCATION
Last Action
Chief Sponsor Changed to Sen. Don Harmon
10/21/2022
Committee Referrals
Assignments2/10/2022
Executive2/1/2022
Assignments1/21/2022
Full Bill Text
No bill text available