Illinois General Assembly - Bill Status for HB3940

Amends the Department of Central Management Services Law of the Civil Administrative Code of Illinois. Requires that unused State property leased by the Department of Central Management Services may not be leased at less than 60% of the fair market rental value rate unless specified conditions are met. Provides procedures for determining the fair market rental value. Provides that the Director of Central Management Services may lease property for nominal consideration only under certain circumstances. Makes a first violation a Class B misdemeanor. Makes a second or subsequent violation a Class A misdemeanor. Amends the State Property Control Act. Redefines the term "responsible officer" to exclude college presidents. When disposing of surplus real property, prohibits the Administrator from selling the property if any State agency requests its transfer. Makes changes in the procedures the Administrator must follow prior to disposal or division of the property. Provides that an appraisal is not required if the property is not being transferred to another State agency and the fair market value of the property is less that $15,000 (rather than $5,000). Makes a second or subsequent violation of the Act a Class A misdemeanor. Makes other changes. Effective immediately.

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