PUBLIC-PRIVATE PARTNERSHIP ACT Senate SponsorsSen. John F. Curran-Donald P. DeWitte 1/7/2025SenateSession Sine Die New Act5 ILCS 140/7.530 ILCS 235/2from Ch. 85, par. 902Creates the Public-Private Partnerships Act. Provides that the intent of the Act, among others, is to authorize responsible public entities to develop and enter into public-private partnership agreements for qualifying projects which result in the availability of such projects to the public in a more timely and less costly fashion, thereby serving the public safety, benefit, and welfare. Creates the Infrastructure Investment Commission, including its membership and duties. Establishes the qualifications and processes related to unsolicited proposals for projects that become public-private agreements for the building, upgrading, providing of services, operating, ownership or financing of facilities. Sets forth the procedures and standards for the formation of public-private agreements between public and private entities, including the powers of the entities and the provisions of the agreements. Establishes development and operation standards for projects. Includes provisions related to the taxation and financial arrangements related to public-private partnerships. Sets forth additional provisions related to: the acquisition of property; law enforcement; and additional powers of responsible public entities with respect to qualifying projects. Makes conforming changes in the Freedom of Information Act and the Public Funds Investment Act. 2/9/2023SenateFiled with Secretary by Sen. John F. Curran 2/9/2023SenateFirst Reading 2/9/2023SenateReferred to Assignments 2/21/2023SenateAssigned to Executive 3/3/2023SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John F. Curran 3/3/2023SenateSenate Committee Amendment No. 1 Referred to Assignments 3/7/2023SenateSenate Committee Amendment No. 1 Assignments Refers to Executive 3/10/2023SenateRule 2-10 Committee Deadline Established As March 24, 2023 3/23/2023SenateRule 2-10 Committee Deadline Established As March 31, 2023 3/31/2023SenateRule 3-9(a) / Re-referred to Assignments 3/31/2023SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments 7/10/2023SenateAdded as Chief Co-Sponsor Sen. Donald P. DeWitte 1/10/2024SenateRe-assigned to Executive 1/10/2024SenateSenate Committee Amendment No. 1 Re-assigned to Executive 2/8/2024SenateSenate Committee Amendment No. 1 To Subcommittee on Procurement 2/8/2024SenateTo Subcommittee on Procurement 3/15/2024SenateRule 2-10 Committee Deadline Established As April 5, 2024 4/5/2024SenateRule 2-10 Committee Deadline Established As May 3, 2024 4/12/2024SenateRule 2-10 Third Reading Deadline Established As May 3, 2024 5/3/2024SenateRule 2-10 Committee/3rd Reading Deadline Established As May 17, 2024 5/17/2024SenateRule 2-10 Committee Deadline Established As May 24, 2024 5/24/2024SenateRule 2-10 Committee/3rd Reading Deadline Established As May 25, 2024 5/25/2024SenateRule 2-10 Committee/3rd Reading Deadline Established As May 26, 2024 6/26/2024SenateSenate Committee Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments 6/26/2024SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 1/7/2025SenateSession Sine Die