Public Act 103-0874

SB0381 Enrolled LRB103 02789 LNS 47795 b

AN ACT concerning civil law.

Be it enacted by the People of the State of Illinois,

represented in the General Assembly:

Section 5. The State Property Control Act is amended by

adding Section 7.9 as follows:

(30 ILCS 605/7.9 new)

Sec. 7.9. Surplus real property assessment; report.

(a) The administrator shall assess surplus real property,

as defined under Section 7.1, and determine the marketability

of the property in its current condition. The administrator

shall consider the following factors in making an assessment

under this Section:

(1) the length of time the property has been

designated as surplus real property;

(2) the annual State maintenance and security costs;

and

(3) any excessive liabilities or other prominent

concerns.

(b) The administrator shall prepare a report based upon

the assessment that includes all surplus real properties. The

report shall further include:

(1) the number of years each property has been vacant;

(2) the annual maintenance costs the State incurs for

each property; and

(3) a statement describing the latest attempts made by

the administrator to sell each property, including, where

available, the estimated demolition and remediation costs

at the time of the last attempted sale.

(c) By February 1, 2025 and February 1 of every

odd-numbered year thereafter, the administrator shall submit

the report prepared under this Section to the Governor and the

General Assembly.

(d) The administrator may adopt rules necessary to

implement and perform the requirements of this Section.