Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE44. GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT |
PART5000. ACQUISITION, MANAGEMENT AND DISPOSAL OF REAL PROPERTY |
SUBPARTG. SURPLUS REAL PROPERTY |
§5000.700. Surplus Real Property Defined
Latest version.
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Surplus real property ... means any real property to which the State holds fee simple title or lessor interest, and is vacant and determined by the head of the owning agency to no longer be required for the State agency's needs and responsibilities and has no foreseeable use by the owning agency. [30 ILCS 605/7.1]
(Source: Amended at 48 Ill. Reg. 2837, effective February 6, 2024)