STATE TREASURER-REAL PROPERTY House SponsorsRep. Emanuel Chris Welch-Sue Scherer-Jim Durkin-Tim Butler and Rita Mayfield Senate Sponsors(Sen. Andy Manar) 8/23/2019HousePublic Act . . . . . . . . . 101-0487 15 ILCS 505/35 new30 ILCS 105/8.12from Ch. 127, par. 144.12 Amends the State Treasurer Act. Provides that, subject to the provisions of the Public Contract Fraud Act, the State Treasurer is authorized during fiscal years 2019 and 2020 to purchase real property located in the City of Springfield, Illinois which the State Treasurer deems necessary to properly carry out the powers and duties vested in him or her. Provides that, subject to provisions of the Treasurer's Procurement Rules, the State Treasurer may enter into contracts relating to construction, reconstruction, or renovation projects for any such buildings or lands acquired under this Act, and the State Treasurer may equip, lease, operate, and maintain those grounds, buildings, and facilities as may be appropriate to carry out the State Treasurer's statutory purposes and duties. Provides that the State Treasurer may enter into agreements with any person with respect to the use and occupancy of the grounds, buildings, and facilities of the State Treasurer, including concession, license, and lease agreements on terms and conditions as the State Treasurer determines and in accordance with the procurement processes for the Office of the State Treasurer, which shall be substantially in accordance with the requirements of Illinois Procurement Code. Provides that exercise of the authority vested by this Act is subject to the appropriation of the necessary funds. Amends the State Finance Act. Expands the use of moneys in the State Pension Fund to include the acquisition of land and buildings in State fiscal year 2019 and 2020 for use by the Office of the State Treasurer, as well as construction, reconstruction, improvement, repair, and maintenance, in accordance with the provisions of laws relating thereto, of such lands and buildings beginning in State fiscal year 2019 and thereafter. Effective immediately.House Committee Amendment No. 1 Provides that the State Treasurer is authorized to acquire (currently, purchase) real property located in Springfield, Illinois. Provides that real property acquired by the State Treasurer under specified provisions may be acquired subject to any third party interests in the property that do not prevent the State Treasurer from exercising the intended beneficial use of such property. Removes provisions concerning the form in which property may be acquired by the State Treasurer. Removes provisions concerning a leaseback of property. Modifies the term "operational expenses of the Office of the State Treasurer". 2/14/2019HouseFiled with the Clerk by Rep. Emanuel Chris Welch 2/14/2019HouseFirst Reading 2/14/2019HouseReferred to Rules Committee 2/26/2019HouseAssigned to Executive Committee 3/8/2019HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch 3/8/2019HouseHouse Committee Amendment No. 1 Referred to Rules Committee 3/12/2019HouseHouse Committee Amendment No. 1 Rules Refers to Executive Committee 3/13/2019HouseAdded Chief Co-Sponsor Rep. Sue Scherer 3/13/2019HouseAdded Chief Co-Sponsor Rep. Jim Durkin 3/20/2019HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote 3/20/2019HouseDo Pass as Amended / Short Debate Executive Committee; 013-000-000 3/20/2019HouseAdded Chief Co-Sponsor Rep. Tim Butler 3/21/2019HousePlaced on Calendar 2nd Reading - Short Debate 3/26/2019HouseSecond Reading - Short Debate 3/26/2019HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/29/2019HouseThird Reading - Short Debate - Passed 089-010-000 3/29/2019HouseAdded Co-Sponsor Rep. Rita Mayfield 4/3/2019SenateArrive in Senate 4/3/2019SenatePlaced on Calendar Order of First Reading 4/3/2019SenateChief Senate Sponsor Sen. Andy Manar 4/3/2019SenateFirst Reading 4/3/2019SenateReferred to Assignments 4/24/2019SenateAssigned to State Government 5/1/2019SenateDo Pass State Government; 005-000-000 5/1/2019SenatePlaced on Calendar Order of 2nd Reading May 2, 2019 5/23/2019SenateSecond Reading 5/23/2019SenatePlaced on Calendar Order of 3rd Reading May 24, 2019 5/24/2019SenateRule 2-10 Third Reading Deadline Established As May 31, 2019 5/31/2019SenateThird Reading - Passed; 058-000-000 5/31/2019HousePassed Both Houses 6/28/2019HouseSent to the Governor 8/23/2019HouseGovernor Approved 8/23/2019HouseEffective Date August 23, 2019 8/23/2019HousePublic Act . . . . . . . . . 101-0487