PROCUREMENT-PERFORM CONTRACTS House SponsorsRep. Karen May 1/8/2013HouseSession Sine Die 30 ILCS 500/1-15.3030 ILCS 500/20-6030 ILCS 500/40-25 Amends the Illinois Procurement Code. Provides that State agreements for performance contracting shall be included in the definition of "contract". Provides that a performance contract shall not be entered into for a period of time exceeding 20 years. Provides that installment payment performance contracts and performance-based lease purchase agreements that guarantee energy or operational cost savings shall be for a term not to exceed 20 years. Effective immediately. 2/8/2012HouseFiled with the Clerk by Rep. Karen May 2/8/2012HouseFirst Reading 2/8/2012HouseReferred to Rules Committee 1/8/2013HouseSession Sine Die