SB3973 authorizes the Illinois Commerce Commission to acquire real property in Springfield for fiscal years 2027 and 2028.
SB3973 amends the Public Utilities Act to allow the Illinois Commerce Commission to acquire real property in Springfield during fiscal years 2027 and 2028. The Commission can enter into agreements for construction, reconstruction, or renovation projects for acquired buildings or lands. The authority to acquire property is subject to appropriation and any third-party interests that do not hinder the Commission's beneficial use of the property.
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