SB 4032

Abstract

Amends the State Comptroller Act. Provides that the State Comptroller is authorized during State fiscal years 2021 and 2022 to acquire real property located in the City of Springfield, which the State Comptroller deems necessary to properly carry out the powers and duties vested in him or her. Provides further powers and duties concerning the acquisition of such real property. Creates the Capital Facility and Technology Modernization Fund as a special fund in the State treasury. Provides for the use of moneys in the Fund. Amends the State Finance Act to provide for the Capital Facility and Technology Modernization Fund. Effective immediately.