Rep. Naomi D. Jakobsson

Filed: 5/29/2014

 

 


 

 


 
09800HB0498ham001LRB098 03309 NHT 59880 a

1
AMENDMENT TO HOUSE BILL 498

2    AMENDMENT NO. ______. Amend House Bill 498 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Board of Higher Education Act is amended by
5adding Section 8.5 as follows:
 
6    (110 ILCS 205/8.5 new)
7    Sec. 8.5. Capital appropriation; facility renovations at
8universities.
9    (a) With regard to a capital appropriation made on or after
10the effective date of this amendatory Act of the 98th General
11Assembly for new construction only, up to 10% of that
12appropriation may, at the request of a public university's
13board of trustees, be set aside in a separate fund held locally
14by the university for use in addressing capital renewal or
15deferred maintenance needs as they arise.
16    (b) The Board shall allow public universities to

 

 

09800HB0498ham001- 2 -LRB098 03309 NHT 59880 a

1recalculate project requests for prioritization if they elect
2to utilize the capital renewal set-aside provided for in this
3Section.
 
4    Section 99. Effective date. This Act takes effect July 1,
52014.".