Illinois General Assembly - Illinois Compiled Statutes

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20 ILCS 3005/2.5

(20 ILCS 3005/2.5) (from Ch. 127, par. 412.5)

Sec. 2.5.

Effective January 1, 1980, to require the preparation and
submission of an annual long-range capital expenditure plan for all State
agencies. Such Capital Plan shall detail each project for each of the
following 3 fiscal years, including the project cost in current dollar
amounts, the future maintenance costs for the completed project, the
anticipated life expectancy of the project and the impact the project will
have on the annual operating budget for the agency.  Each State agency's
annual capital plan shall include energy conservation projects intended to
reduce energy costs to the greatest extent possible in those agency's
buildings and facilities included in the capital plan.  Each State agency's
annual capital plan shall be submitted to the Office no later
than January
15th of each year.  A summary of all capital plans and future needs
assessments shall be included in the Governor's Budget Request and the
detail of the capital plans shall be delivered to the Chairmen and Minority
Spokesmen of the House and Senate Appropriations Committees
and the
 Commission on Government Forecasting and Accountability
on the date of the Governor's
Budget Address to the General Assembly; except that, in 2004 only, the summary and detail shall be delivered not later than the fourth Tuesday in March (March 23, 2004).

(Source: P.A. 93-25, eff. 6-20-03; 93-662, eff. 2-11-04; 93-1067, eff. 1-15-05.)